Ottawa increases loan limits for canola farmers to $1 million amid China trade dispute

OTTAWA – The federal government is rolling out changes to a payment program for canola farmers to help those affected by China’s decision to ban the Canadian product.Agriculture Minister Marie-Claude Bibeau says the maximum loan limit through the program will be boosted to $1 million from $400,000, and the portion that will be interest free is rising to $500,000 from $100,000.Story continues belowREAD MORE: After canola, other Canadian exports see obstacles in trade with ChinaThe government’s announcement comes after China barred Canadian canola from two of the country’s biggest exporters…

Read More

Canada expected to announce canola farmer support for people struggling under Chinese ban

The federal government is expected to announce support for canola farmers and producers on Wednesday, sources have told Global News.The support will help farmers and producers who are suffering under the Chinese ban on Canadian canola.READ MORE: After canola, other Canadian exports see obstacles in trade with ChinaMinister of International Trade Diversification Jim Carr is also expected to announce new trade missions, which will look to other countries in an effort to diversify trade away from China, sources said.China has blocked Canadian canola from Richardson International and Viterra, two of Canada‘s…

Read More

After canola, other Canadian exports see obstacles in trade with China

An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute.China has already blocked Canadian canola from Richardson International and Viterra, two of Canada‘s biggest farm exporters, saying that shipments had pests. Other China-bound canola cargoes have been cancelled, forcing exporters to re-sell elsewhere at discount.

Read More

Survey shows decrease in canola production for 2019

In a recent survey done by Statistics Canada, 21.3 million acres of canola are expected to be planted in 2019 throughout the country, a number down 6.6 per cent from last year. In Saskatchewan, the number of acres planted is expected to decrease by 5.7 per cent.Story continues belowStatsCan blames some of the decline on the trade dispute with China. The country claims that recent shipments of Canadian canola have been contaminated, but, federal officials said there is no evidence.READ MORE: Conservatives call for quick solution to China’s ban on…

Read More

3rd Canadian canola exporter received quality complaint from China: Bibeau

A third Canadian canola exporter has received a non-compliance notice from China over quality concerns, the federal agriculture minister said Tuesday, the latest development in an escalating feud with the Asian country.Marie-Claude Bibeau confirmed the Chinese government’s complaint to a third, unnamed company as she testified before a parliamentary committee studying a trade dispute that has seen China suspend the canola-seed sale permits of two other Canadian firms.Story continues below“We’ve been informed that there’s a third company that received a non-compliance notification,” Bibeau said, though she wouldn’t name it.“It doesn’t…

Read More

Canada’s $27B canola market could lose $2.7B over China’s import block

China’s decision to block imports of Canadian canola products signals a significant threat to Canada’s canola farming industry — and has the government rushing to resolve the dispute.The canola farming and export business in Canada is a major economic driver and represents one of the country’s most valuable commodities.The crop contributes approximately $26.7 billion to the economy every year and employs more than 250,000 people, according to Brian Innes, vice-president of public affairs with the Canola Council of Canada (CCC),Canada is currently home to 43,000 canola growers.READ MORE: Trudeau says…

Read More

Uncertainty for Canadian farmers as China escalates canola feud

Canadian farmers are facing an uncertain future after China escalated its feud over canola on Tuesday.“There is a lot of confusion amongst farmers about what is able to be exported,” said David Quist, executive director of the Western Canadian Wheat Growers. China blocked canola shipments from a second Canada-based producer on Tuesday over alleged contamination issues.Story continues belowRelated

Read More

China officially bans Canadian canola from Viterra Inc.

China expanded its ban on Canadian canola imports on Tuesday to include shipments from Regina-based Viterra Inc, the latest development in a wider trade dispute between the two countries.

Read More

China has stopped all canola imports from Canada, industry group says

The Canola Council of Canada says China (CCC) has stopped buying canola seeds from Canada.Earlier this month, China started blocking canola imports from Canada, citing the detection of “hazardous organisms,” but International Trade Minister Jim Carr said he had seen no evidence of this.READ MORE: China yet to explain why it blocked canola imports from Winnipeg company: trade ministerThe CCC stated in a Thursday press release that “Chinese importers are unwilling to purchase Canadian canola seed at this time.”The dispute over canola comes after Canada arrested Huawei CFO Meng Wanzhou…

Read More

Federal trade minister wants proof from China for cancelled canola shipments

Canada’s International Trade Diversification Minister addressed China’s move to block canola shipments from one of Canada’s largest grain processors on the final day of the annual Saskatchewan Association of Rural Municipalities (SARM) convention in Saskatoon.“The relationship with China is going through a difficult moment, as we all know. We see this as a science-based issue,” Jim Carr told the crowd of delegates Thursday morning.READ MORE: China yet to explain why it blocked canola imports from Winnipeg company: trade ministerStory continues belowA Chinese government spokesperson said canola imports from Richardson International…

Read More