Huawei extradition ruling could unleash more Chinese backlash

More punitive trade measures expected

Reading Time: 2 minutes Ottawa | Reuters — A British Columbia court ruling that could permit the extradition of a senior Huawei executive to the U.S. leaves Canada vulnerable to further retaliation from Beijing, analysts said. Huawei chief financial officer Meng Wanzhou on Wednesday lost a challenge to a U.S. bid to extradite her to face bank fraud charges, […] Read more

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

'We have a lot of cattle in this country'

Reading Time: 3 minutes Washington/Chicago | Reuters — U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as he looks to help U.S. ranchers hit hard by the coronavirus outbreak. The United States imports cattle from Mexico and Canada to supplement domestic supplies at lower prices and to […] Read more

Canada, U.S. agree on extension for ban on non-essential travel

Reading Time: < 1 minute Ottawa | Reuters — Canada and the United States have agreed to extend a ban on non-essential travel between the two nations by another 30 days as part of the fight against the coronavirus, Prime Minister Justin Trudeau said on Tuesday. U.S. and Canadian officials had said last week it was likely that the measure […] Read more

CUSMA pact to take effect July 1, USTR says

Reading Time: < 1 minute Washington | Reuters — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada […] Read more

Joint U.S.-Canada border approach to pandemic seen as well-managed

Reading Time: 2 minutes Ottawa — The compromise between Canada and the U.S. to maintain the flow of goods between the two countries while limiting the trans-border flow of people during the COVID-19 crisis is a collaborative approach that serves as a global example, trade observers say. Alan Bersin, a global fellow at the Wilson Centre, said the border […] Read more


Ag industry a potential ‘bright spot,’ post-pandemic

Agriculture could lead economic rebuild, ATB official says

Reading Time: < 1 minute Alberta’s ag sector will be key in rebuilding the province’s economy once the pandemic is over, says the director of research for economics at ATB Financial. “Overall, I think one of the bright spots in a really dark economic situation in the province is our agriculture and agri-food sector,” Rob Roach said. “It’s still producing. […] Read more

CBOT weekly outlook: Bargain buying lifts some commodities

Reading Time: < 1 minute MarketsFarm — Despite an ever-changing economic environment due to the global COVID-19 pandemic, ag commodity prices may be sheltered from the worst bearish sentiments. “Global import businesses have taken off this week due to lower commodity prices,” said Terry Reilly of Futures International in Chicago. “If we do see an economic slowdown, we’ll probably see […] Read more

U.S.-Canada border to temporarily close to nonessential travel

Reading Time: < 1 minute Washington/Ottawa | Reuters — The U.S.-Canada border will close to nonessential traffic, U.S. President Donald Trump tweeted on Wednesday, saying details on the move would be announced later but that it would not affect trade between the two countries. “We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic. […] Read more


Handlers focus on keeping grain moving despite COVID-19

Grain companies, Canadian Grain Commission working but unsure of future

Reading Time: 3 minutes Canada’s grain companies are committed to keeping grain moving to domestic and export customers, but how the spread of COVID-19 might affect business is still an unknown, says Wade Sobkowich, executive director of the Western Grain Elevator Association. “We are are going to do everything in our power to keep grain moving at this time,” […] Read more

Fraser: What will be the long-term impact of COVID-19?

Analysis: A pandemic runs the risk of driving nations further apart

Reading Time: 2 minutes As developments around the COVID-19 coronavirus change rapidly, I can’t help but speculate on the longer-term effects of it. By now, much has been made of the economic impact it — alongside the Saudi Arabia-Russia oil trade war — will have on global economies. While it’s guesswork to estimate the total impact without knowing how […] Read more