The head of the Canadian Canola Growers Association said he told federal cabinet ministers they need to figure out now how to make farmers whole after Beijing’s new 75.8 per cent duties on Canadian canola seed shut the door to the Chinese export market. (The Logic)
Talking point: The tariffs that took effect Thursday flow from a preliminary ruling in an anti-dumping investigation China launched last fall after Canada slapped steep tariffs on Chinese-made EVs, steel and aluminum. China already imposed 100 per cent duties on canola oil and canola meal in March. Rick White, who spoke on Wednesday to Agriculture Minister Heath MacDonald, Trade Minister Maninder Sidhu and Kody Blois, the parliamentary secretary to the prime minister, said the Canada-China relationship needs “healing.” The longer it takes to find a political solution, the longer Canada is cut off from a market worth $4.9 billion in 2024. “The big wild card is not the severity of it—it’s how long is this going to take?”