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(Dave Bedard photo)
General, Markets

FCC sees benefits in new Trans-Pacific trade pact

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CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can […] Read more
U.S. trade negotiators are skeptical of a Canadian suggestion that North American content in automobiles would be higher if the value of software and related materials produced by the three NAFTA nations were taken into account. (Ford.ca)
General, Markets, Reuters

U.S. rejects proposals to unblock NAFTA, but will stay in talks

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Montreal | Reuters — U.S. President Donald Trump’s trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trilateral pact. Trump, who described the 1994 pact as a disaster that has drained manufacturing jobs to Mexico, […] Read more
(WholeFoodsMarket.com)
General

Feds pledge funds for organic standards review

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A review and update of Canada’s organic standards for compliance with international norms will get federal funding to make sure it’s complete by its 2020 deadline. Agriculture Minister Lawrence MacAulay on Friday announced the government will foot the “necessary funds” to the Canadian General Standards Board (CGSB) to cover the cost of the 2020 Canadian […] Read more
(Dave Bedard photo)
General, Markets

U.S. anti-trade agenda could benefit Canadian ag

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Winnipeg | CNS Canada — As U.S. President Donald Trump follows his “America first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry, according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Markets, Reuters

NAFTA negotiations grind on

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Montreal | Reuters — U.S. negotiators are holding firm in their demands for a wide-ranging overhaul of NAFTA, sources close to the talks said on Thursday, raising questions about whether any real movement is happening at the latest round of negotiations on the treaty. Officials from Canada, Mexico and the U.S. are in Montreal for […] Read more
(CBSA-asfc.gc.ca)
General, Markets, Reuters

Canada unveils ideas to save NAFTA

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Montreal | Reuters — Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious U.S. demands for revamping the 1994 pact while Prime Minister Justin Trudeau urged top U.S. executives to back free trade. The sixth and penultimate round of negotiations to update the North American Free Trade Agreement (NAFTA) opened in […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Markets, Reuters

Key round of NAFTA talks opens amid upbeat signs

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Montreal | Reuters — Officials opened a key round of negotiations to modernize NAFTA on Tuesday amidst optimistic signs, as U.S. President Donald Trump said the talks were going “pretty well” and Canada’s chief negotiator said he had high hopes for progress. Trump’s remarks helped the Mexican peso stem its losses, a reflection of how […] Read more
(PortMetroVancouver.com)
General, Markets, Reuters

Canada in on TPP pact, to be signed in March

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Tokyo | Reuters — Eleven countries aiming to forge a Asia-Pacific trade pact after the U.S. pulled out of an earlier version will sign an agreement in Chile in March, Japan’s economy minister said on Tuesday. Trade officials had been meeting in Tokyo to resolve rifts including Canada’s insistence on protections for its cultural industries […] Read more

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