New York | Reuters — Facing deeply entrenched differences and political headwinds, the top negotiators trying to reach a sweeping U.S.-European free trade deal avoided agriculture, public procurement and other thorny issues in talks this week. Instead, Assistant U.S. Trade Representative Daniel Mullaney and European Commission lead negotiator Ignacio Garcia Bercera said on Friday they […] Read more
U.S., European trade negotiators battle political headwinds
Canada signs Trans-Pacific Partnership
Trade ministers from the 12 countries in the Trans-Pacific Partnership have signed their trade agreement, committing them to take the deal to their home governments for review and/or approval. The deal, which Trade Minister Chrystia Freeland signed on Canada’s behalf on Thursday in Auckland, New Zealand, is expected to see tariffs on Canadian products in […] Read more
Canada to sign TPP, but undecided on ratification
Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years […] Read more
New Zealand to host TPP signing Feb. 4
New Zealand plans to host the signing of the Trans-Pacific Partnership trade pact by its 12 member nations on Feb. 4. The country’s trade minister, Todd McClay, confirmed in a statement Thursday that New Zealand has issued invitations to TPP ministers to sign the agreement in Auckland, marking the end of negotiations. Signing the deal […] Read more
Five reasons to celebrate 2015
There's no denying it was a troubled year, but don't forget the many good things that happened
Reading Time: 5 minutes As you look back on 2015, do you feel the January blues coming on? The oil price crash went from bad to awful, tighter margins were made worse by summer drought, and ‘disaster’ seems a charitable description for Bill 6. But there were lots of positive developments in the past year and now’s not a […] Read more
Que. banks, funds boost stake in Agropur
Agropur is getting a second nine-figure cash injection from a group of Quebec institutional investors and banks, further backing the major Quebec dairy farmer co-operative’s expansion plans against an uncertain domestic market. The investor group, led by Caisse de depot et placement du Quebec (CDPQ), said Thursday it will put up $300 million, on top […] Read more
Japan, White House rule out re-opening TPP pact
Reuters — Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the whole pact. “Renegotiation is not an option,” Caroline Atkinson, Obama’s deputy national security adviser for international economics, said on a call hosted by the Atlantic […] Read more
Canada’s new ag minister pledges to listen to farmers
Manitoba Co-operator – After just six days as Canada’s new agriculture minister Lawrence MacAulay hasn’t taken a position on a number of agricultural issues, but he knows how he will: “I intend to listen to the man that does the work — the farmer.” The 69-year-old former Prince Edward Island dairy and seed potato farmer […] Read more
MacAulay favours TPP deal, poised for trade fight with U.S.
Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. over a long-standing meat-labeling dispute. The Liberal government, elected last month, has not taken a firm position yet on whether it will support TPP, which […] Read more
Flax exports up after dry spell, prices stay soft
CNS Canada — Western Canadian flax producers have seen a decline in prices, due in part to weak exports — but the most recent data from the Canadian Grain Commission show a dramatic increase in sales. “Prices have definitely come down, we know that,” said Don Kerr, president at the Flax Council of Canada in […] Read more
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