
News

Carney cuts carbon tax in first move as Prime Minister
Prime minister Mark Carney has eliminated the consumer carbon tax. Just hours after he and his cabinet were sworn in March 14 and held their first meeting, he made good on his election promise to cut the price on pollution.

Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.

Blois in as agriculture minister
Kody Blois will take over the role of Canadian Minister of Agriculture and Agri-Food in Mark Carney’s cabinet.

Trump trade war favors Brazil’s agribusiness, grain company SLC says
China looking to Brazil as it seeks to reduce reliance on U.S. agricultural goods
The trade war initiated by U.S. President Donald Trump, which led countries including China to retaliate against tariffs implemented by his administration, is favorable to Brazil, the CEO of agribusiness firm SLC Agricola said on Thursday.

China set for canola meal shortage after 100 per cent duty on top supplier Canada
China faces limited availability of meal in other markets, plans to plant more rapeseed
China is likely to face a supply shortage of canola (rapeseed) meal by the third quarter of this year as Beijing's tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are unlikely to make up the deficit.

Alberta farm leader hopes for stronger trade once dust settles
Trade wars are erupting on multiple fronts for Canada, but there is hope that the future will bring steadier times for the agriculture industry when it comes to separating fact from fiction on the international stage.

Lutnick suggests U.S. to eventually make new bilateral trade deals
Minnesota governor says the U.S. has become untrustworthy
As NATO secretary general Mark Rutte sat quietly beside U.S. president Donald Trump in an Oval Office press conference March 13, the president declared that Canada, a key NATO nation, should willingly submit to American dominance.

Growers show flax interest amid canola turmoil
Statistics Canada forecasts an acreage drop, but a processor says farmers have been phoning since the U.S. trade war erupted
Statistics Canada has projected that flax acres will decline in 2025. That could happen, but with the trade and tariff uncertainty surrounding canola this winter, more growers are contacting Tyson Fehr and asking questions about the crop.

Canada initiates WTO dispute complaint on US steel, aluminum duties
Canada has requested WTO dispute consultations with the U.S. over its imposition of import duties on certain steel and aluminium products from Canada, the trade body said on Thursday.

Potash miner K+S says US farmers to foot the bill for Trump’s tariffs
Germany's K+S, which exports potash to U.S. farmers from Canada, on Thursday said it would pass any tariff-related costs onto customers, after its 2025 earnings forecast disappointed investors.