Improving international trade and introducing the new food policy highlight Agriculture and Agri-Food Canada’s (AAFC) plans for the next year. In its 2020-21 departmental plan, which sets priorities for the upcoming year, AAFC says it will “continue to assist the sector to take advantage of market opportunities and maintain or improve access to international markets, […] Read more
Tag Archives free trade — page 5

Trade pacts, food policy on AAFC’s agenda for 2020-21
Department also plans to back collaborative research between farmers, scientists

Parliament hustles through CUSMA ratification
Implementing bill passes before Commons adjourns until April 20
Ottawa | Reuters — Canada’s Parliament rushed through ratification of the new Canada-U.S.-Mexico (CUSMA) trade pact on Friday before taking a three-week break to help stop the spread of the coronavirus, a top government official said. Canada was the last of the three signatories to formally adopt the pact, prompting congratulations from the United States […] Read more

NFU sees red flags in CUSMA bill for grain growers
Bibeau urged to 'correct mistakes' in NAFTA 2.0-enabling legislation
The National Farmers Union is warning of sweeping changes to Canadian grain regulation it sees tucked into federal legislation meant to put through the successor deal to NAFTA. Bill C-4, the implementing legislation for the Canada-U.S.-Mexico Agreement (CUSMA), passed second reading Feb. 6 and came back without amendment Feb. 27 from the Commons standing committee […] Read more

EU-Canada trade deal clears hurdle in Dutch parliament
Amsterdam | Reuters — The European Union’s free trade agreement with Canada cleared a political hurdle on Tuesday, when a slim majority of lawmakers in the Dutch lower house voted to ratify the contested deal. Votes by members of the country’s governing coalition were enough to approve the deal, which was rejected by opposition parties […] Read more

Trudeau wants CUSMA deal ratified quickly
Winnipeg | Reuters — Canadian Prime Minister Justin Trudeau on Tuesday urged legislators to quickly approve a new continental trade pact but the main opposition party said it wanted to study the deal, indicating the ratification process could drag on. Canada is the only one of the three signatories not to have formally blessed the […] Read more

U.S. grains: Corn, soy to one-month lows
Chicago | Reuters –– U.S. corn and soybean futures hit one-month lows on Thursday and wheat futures followed amid doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said. Chicago Board of Trade March corn futures tumbled three per cent, settling down […] Read more

U.S. Senate passes CUSMA trade deal
Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the […] Read more

Canada could be last to ratify CUSMA deal, Trudeau says
Ottawa | Reuters — Canada could be the last of the three North American countries to ratify a new trade deal, Prime Minister Justin Trudeau said on Tuesday, indicating that his plan to match the U.S. timetable was set to fail. Trudeau’s Liberal government said from the start it wanted to work in tandem with […] Read more

Opposition MPs could delay CUSMA deal’s ratification
Ottawa | Reuters — Canada’s two main opposition parties on Wednesday suggested they could move to delay ratification of a new continental trade pact, accusing the Liberal government of botching revisions to the treaty. Such a move would embarrass Prime Minister Justin Trudeau, who has vowed that Parliament will quickly approve the U.S.-Mexico-Canada Agreement (CUSMA). […] Read more

U.S. grains: Soy, corn firm on trade deal hopes
Chicago | Reuters — U.S. soybean futures firmed on Tuesday, rising for a sixth consecutive session on hopes that the United States and China will continue to progress toward an interim trade deal. Corn futures also edged higher on an improved trade outlook as Canada, Mexico and the United States approved changes to a preliminary […] Read more