Canada’s canola sector may see ‘billion-dollar hit’ in China probe: report

Canada’s canola sector may see ‘billion-dollar hit’ in China probe: report

As Canada’s canola farmers brace for potential impact from China’s new anti-dumping investigation into Canadian canola imports, a new report from an international credit rating agency suggests the move could lead to a “billion-dollar hit” for the country and its supply chain. Morningstar DBRS said in a report released Thursday that the investigation into canola … Read more

Canola farmers say China retaliatory probe ‘one more thing’ to worry about

Canola farmers say China retaliatory probe ‘one more thing’ to worry about

Farmers are bracing for the potential impact of China’s new anti-dumping investigation into Canadian canola imports, which comes amid an already tumultuous year of economic and environmental challenges. China’s announcement Tuesday was in response to Canada planning to impose increased tariffs on Chinese-made electric vehicles, steel and aluminum. While the federal government says those tariffs … Read more