CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can […] Read more
FCC sees benefits in new Trans-Pacific trade pact
Chicken, dairy farmers rip TPP concessions
Updated, Jan. 25, 2018 — Canada’s supply-managed producer groups warn that the new Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trade deal stands to chip away unnecessarily at their markets. Chicken Farmers of Canada on Wednesday said the CPTPP deal, on which Canada pledged Tuesday it will sign in March, still includes concessions on market access […] Read more
Trans-Pacific agreement draws praise from ag groups
Farm and agri-food groups say deal will open new markets but CFA issues warning on supply management
Reading Time: 2 minutes Here’s what farm and agri-food groups were saying after an agreement was struck on a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade deal (also called TPP-11 or CPTPP): Cereals Canada The TPP-11 agreement raises the bar with respect to modern and progressive trading rules in Asia-Pacific and beyond. Canada’s participation demonstrates much needed […] Read more
Canada in on TPP pact, to be signed in March
Tokyo | Reuters — Eleven countries aiming to forge a Asia-Pacific trade pact after the U.S. pulled out of an earlier version will sign an agreement in Chile in March, Japan’s economy minister said on Tuesday. Trade officials had been meeting in Tokyo to resolve rifts including Canada’s insistence on protections for its cultural industries […] Read more
Officials aim to forge ahead with TPP as Canada wavers
Tokyo | Reuters — As trade officials gather in Tokyo this week to try and forge ahead with a trade pact that U.S. President Donald Trump abandoned last year, the new 11-member club risks getting bogged down by resistance from Canada. The member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also […] Read more
TPP seen critical for beef sales growth in Japan
Canadian beef producers could be out millions of dollars in new exports if Canada is shut out of the Trans-Pacific Partnership (TPP). Why is it important? Beef exports, especially from Ontario, have been growing significantly to Japan and elsewhere in Asia. Allowing other competitors such as Mexico and New Zealand better access to that market, […] Read more
Big stakes and big risks in Trans-Pacific trade talks
Canola and beef sectors say there’s no middle ground — reaching a deal will be a huge win and failure will be ‘a really bad scenario’
Reading Time: 4 minutes Without a new Trans-Pacific Partnership deal, two ag sectors won’t just miss out on multimillion-dollar opportunities — they’ll take a major hit in key Asian markets, say canola and beef officials. “There are some really clear benefits for Canada here in terms of growth potential, but also some very serious consequences if we don’t move […] Read more
Three other takes on the Trans-Pacific trade talks
Pork, dairy, and grain producer groups also have strong views on what needs to happen in negotiations
Reading Time: < 1 minute Here’s what other Canadian commodity groups are saying about the Trans-Pacific Partnership talks. “Last year, 1.1 million tonnes of pork and pork products, valued at over $3.7 billion, were exported to 92 different countries. Of this, approximately 80 per cent was sold to current TPP partners while another 15 per cent goes to countries we […] Read more
TPP countries agree to keep trade deal alive, much work remains
Vietnam | Reuters – Members of the Trans Pacific Partnership (TPP) agreed to continue working on the proposed trade deal despite early Canadian resistance in talks that had raised new doubts about its survival, officials said. According to a draft of the final statement seen by Reuters and due to be released on Saturday in […] Read more
TPP talks without U.S. near final stretch
Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial […] Read more
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