Ottawa | Reuters — Canada believes it is critical for NAFTA to have a dispute resolution mechanism, a senior official said on Tuesday, setting up a potential clash with Washington when talks to renegotiate the pact begin. The U.S. on Monday released its goals for the talks, which aim to update an agreement that came […] Read more
NAFTA dispute resolution mechanism critical, Canada says
U.S. makes lower trade deficit priority in NAFTA talks
Washington | Reuters — The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. In a much-anticipated document sent to lawmakers, U.S. Trade Representative Robert Lighthizer said […] Read more
Organic groups call for Ontario regulations
A look at organic regulation across the country by the Canadian Organic Trade Association (COTA) shows a hodge-podge of support, despite national standards in existence for eight years. In a report released Monday, COTA called out Ontario, the largest market by far for organic products, for having no organic regulations. Five other provinces, including some […] Read more
Hogs seen as key factor in input cost hikes
CNS Canada — Canada’s Farm Input Price Index has climbed slightly for the first quarter of this year. Canada-wide, the index rose 1.3 per cent for the first quarter of this year compared to the final quarter of 2016. When comparing this year’s first quarter to last year’s first quarter, however, input prices in the […] Read more
Pacific trade bloc adds ‘associate’ members, including Canada
Cali, Colombia | Reuters –– Four new countries will be admitted to the Pacific Alliance as associate members, the trade group said on Thursday, as it seeks to expand commerce with the Asia-Pacific region while the U.S. pushes for protectionist measures. The alliance, which comprises Colombia, Chile, Mexico and Peru, will on Friday admit Singapore, […] Read more
Farmers keen early adopters, StatsCan report shows
CNS Canada — Canadian farmers in most sectors are strong proponents of data-driven technology, according to a report Wednesday from Statistics Canada. The latest release from StatsCan’s 2016 Census of Agriculture showed farmers were particularly keen to jump into new technology if it improved the efficiency of their operations or their bottom lines. StatsCan spokesperson […] Read more
Ag sector equity rises in 2016
CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more
U.S. Trade Representative says no deadline for NAFTA deal
Washington | Reuters — U.S. Trade Representative Robert Lighthizer said on Wednesday there was no deadline for completing NAFTA trade talks between the United States, Canada and Mexico even as lawmakers warned that U.S. business would be hurt by prolonged negotiations. “There is no deadline. My hope is that we can get it done by […] Read more
NAFTA agriculture ministers see ‘few’ differences over trade
Garden City, Ga. | Reuters — The U.S., Canada and Mexico have “relatively few” differences on agricultural trade, agriculture ministers from the three countries said in a joint statement after meeting Tuesday to discuss the renegotiation of the North American Free Trade Agreement. However, some “irritants” are present for each country in the runup to […] Read more
Whole Foods CEO hints at another brand under Amazon
Reuters — After Amazon.com completes its takeover of high-end grocer Whole Foods Market, it might launch another brand with different standards, the grocery chain’s chief executive said in remarks reported in a securities filing on Monday. Amazon plans to keep the natural grocer’s high standards, Whole Foods CEO John Mackey said, adding, “They’re not stupid […] Read more