Ottawa — Dairy Farmers of Canada and dairy processor associations have reached an agreement in principle on how to evolve the Canadian dairy system for the future. The agreement was reached during meetings in Charlottetown following a year of talks, which followed previous attempts to open a dialogue over pricing and other issues. Details of […] Read more
Dairy farmers, processors strike deal for future
Canada/EU trade pact seen possible despite headwinds
Canada still has a good shot at ratifying its trade deal with the European Union, despite turmoil within the EU, according to Canadian government officials. The United Kingdom’s recent referendum vote to leave the EU doesn’t legally change the ratification of the Canada/EU Comprehensive Economic Trade Agreement (CETA) in any way, a federal official said […] Read more
EU bows to pressure, gives member parliaments say in Canada trade deal
Brussels | Reuters –– The European Commission bowed to pressure to give Europe’s parliaments the right to ratify a landmark free-trade deal with Canada, a decision meant to address public concerns but which could wreck Europe’s broader trade strategy. In the face of popular suspicion about secretive trade deals benefiting big companies, Commission President Jean-Claude […] Read more
Canadian beef follows tricky paths to international markets
CNS Canada — Canadian beef continues to find its way to markets around the world, but while a new deal with Mexico has brought smiles to the cattle industry, questions remain surrounding Canada’s proposed trade deal with the European Union. Britain’s recent referendum to exit the European Union has thrown into question whether the Comprehensive […] Read more
Loonie tanks post-Brexit, but benefits minimal for farmers
CNS Canada — The Canadian dollar slipped after Britain voted Thursday to leave the European Union, a trend which one financial analyst expects to continue in an otherwise uncertain environment. But the loonie hasn’t fallen far enough to bring support to Canadian commodity markets. “Short-term, we’re going to be dealing with the day-to-day volatility and […] Read more
Ottawa plans talks toward dairy farmers’ CETA compensation
The federal government has pledged to meet with dairy sector representatives within 30 days to draw up a compensation plan for concessions made in Canada’s planned free trade pact with the European Union. “Our conversations will address, among other issues, transition support for producers and processors, as well as proposed program and investment options,” Agriculture […] Read more
CETA a household word on Canadian farms, in Europe not so much
Trade deal is a ‘non-story’ on the other side of the Atlantic
Reading Time: 2 minutes The man on the other end of the phone is confused. “I have not heard of this before,” Marek Nowak says slowly. “I am of no help for this.” He’s been asked about the impact the Canada-EU Comprehensive Economic Trade Agreement — commonly called CETA — might have on Polish dairy farmers such as himself. […] Read more
Canada, EU finally settle trade deal after opposition
Ottawa/Brussels | Reuters — The European Union has convinced Canada to include a new way of settling investor claims in their trade deal, making it more likely that it will be passed and putting the U.S. under pressure to accept the same terms. The two sides wrapped up negotiations on the Comprehensive Economic and Trade […] Read more
Agropur eyes further U.S. acquisitions
Reuters — Canada’s second-biggest dairy, Agropur Co-operative, said it is looking to grow in the U.S., possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals. Agropur, whose brands include Iogo yogurt and Oka cheese, and larger rival Saputo have already built U.S. […] Read more
Trade deals open doors, but meeting customers’ needs is the key
Europe has agreed to lower its tariffs, but will only accept beef raised without growth promotants and beta-agonists
Reading Time: 3 minutes Trade agreements have changed in nature. Canada once went through a formal process via GATT or WTO. Now it is first come, first serve. This has been both favourable and limiting for our country. Trade liberalization is just that — the freeing of trade. This transcends from country to country and even penetrates from business […] Read more
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