Ottawa | Reuters — Canada’s two main opposition parties on Wednesday suggested they could move to delay ratification of a new continental trade pact, accusing the Liberal government of botching revisions to the treaty. Such a move would embarrass Prime Minister Justin Trudeau, who has vowed that Parliament will quickly approve the U.S.-Mexico-Canada Agreement (CUSMA). […] Read more
Opposition MPs could delay CUSMA deal’s ratification
Canada, U.S., Mexico sign agreement, again, to replace NAFTA
Washington/Mexico City | Reuters — Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City launched what may be […] Read more
Freeland, U.S. and Mexican officials to meet to pin down trade deal
Washington/Mexico City | Reuters — The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labour-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows. U.S. Trade Representative Robert Lighthizer and White […] Read more
U.S. seals demise of WTO appeals bench, trade officials say
Geneva | Reuters — The fate of the World Trade Organization’s top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. The Trump administration has been blocking appointments to the […] Read more
Vietnam considers CPTPP-level tariff cuts on U.S. ag products
Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more
Throne speech kicks off Parliament with nod to agriculture
The federal throne speech opening the first session of Canada’s 43rd Parliament further committed the Liberal minority government to combating climate change, supporting natural resource sectors and removing international trade barriers. Including a pledge to achieve net-zero emissions by 2050, the speech, delivered Thursday in Ottawa, showed the government again demonstrating its commitment to a […] Read more
Canadians to spend more on food in 2020, report predicts
MarketsFarm — Canadians will spend two to four per cent more on food in 2020, according to the latest Canada Food Price Report from researchers at Dalhousie University’s Agri-Food Analytics Lab and the University of Guelph. The average family in the country will see its total food bill for groceries and restaurant meals rise by […] Read more
WTO tussles over hard stop or phase-out of appeals system
Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
U.S. vows 100 per cent tariffs on France’s champagne, cheese over digital tax
Washington | Reuters — The U.S. government on Monday said it may slap punitive duties of up to 100 per cent on US$2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies. The U.S. Trade Representative’s office said its […] Read more
Federal Tories’ former associate ag critic takes lead chair
Andrew Scheer’s federal Conservatives will have a familiar face in the agriculture critic’s chair when the House of Commons reconvenes next month. Scheer on Friday named John Barlow, the MP for the southwestern Alberta riding of Foothills, as the lead opposition critic for agriculture and agri-food. Barlow replaces Quebec MP Luc Berthold, who takes up […] Read more