Winnipeg, MB – The announcement of a new trilateral North American trade agreement is welcome news to Canadian canola producers as it maintains a strong North American market for canola.
“We’re pleased that the work of our Canadian trade negotiators has resulted in an agreement in principle that keeps our three integrated economies strong and positioned as leaders in the global marketplace,” says Jack Froese, President of the Canadian Canola Growers Association (CCGA).
The United States-Mexico-Canada Agreement (USMCA) builds on the historic relationship between Canada, Mexico and the United States in enhancing trade and strengthening our integrated agri-food sector, including canola and canola products. Under the agreement, canola seed, oil and meal will remain free of tariffs, with some additional benefits resulting for further processed products.
“A new section in USMCA that specifically addresses biotechnology is of keen interest to Canadian farmers and the canola sector,” says Rick White, CEO at CCGA. “With text specific to agricultural biotechnology, we have clear recognition that agricultural innovation is a critical tool for economically and environmentally sustainable production for farmers.”
“With the conclusion of this agreement, we can move forward in building on our strengths both in North America and beyond,” says Froese. “We would like to thank Canada’s negotiating team, including Foreign Affairs Minister Chrystia Freeland, in advancing this important agreement.”
CCGA represents more than 43,000 canola farmers on national and international issues, policies and programs that impact farm profitability and is a member of Canadian Agri-Food Trade Alliance (CAFTA).