Prime Minister Mark Carney said he and other senior officials will work to resolve a dispute with China over tariffs imposed on canola.
China hit Canadian canola seed imports with preliminary 75.8 per cent duties last month following an anti-dumping investigation, escalating a year-long trade dispute. It earlier put new tariffs on canola oil. China is by far Canada’s biggest canola seed market.
“We’re going to work hard to get that right … the minister of international trade has been engaged, our foreign minister is engaged, I will be engaged to work to find a solution for our agricultural relationship,” Carney told reporters in Toronto.
Canada, the world’s largest exporter of canola, shipped almost $5 billion of canola products to China in 2024, about 80 per cent of which was seed. The tariffs are high enough to stall canola exports to China.
On a different front, the Canadian canola industry aims to gain better deals for canola oil exports to the United States to be used as engine fuel.