Tuesday, May 5, 2026

Beef farmers wary of trade deal

 


 

The Canadian Cattle Association has warned the federal government to be careful about making a trade deal with Mercosur, a trade group that includes Brazil, Argentina, Paraguay and Uruguay who would like to sell their beef to Canadians.


European farmers also objected strenuously to a Mercosur deal and eventually got a tariff-rate quota that is 7.5 per cent on the first 99,000 tonnes and 40 per cent tariff on any more than that.


The European-Mercusur deal took 25 years to negotiate.