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China Imposes 75.8% Anti-Dumping Duty on Canadian Canola Seed

Ottawa has dismissed the move as baseless, vowing dialogue in response to a sharp drop in canola futures.

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China announced Tuesday that Canadian canola imports will be subject to an anti-dumping tariff of 75.8 per cent.

Overview

  • The duty threatens roughly two-thirds of Canada’s canola seed exports, a market valued at about $4–5 billion annually.
  • Canada’s trade and agriculture ministers rejected Beijing’s dumping finding with the declaration “we do not dump canola” and offered constructive talks.
  • Intercontinental Exchange canola futures plunged 4–6 percent to multi-month lows, raising concerns over farmer liquidity ahead of harvest.
  • Provincial leaders and groups such as Saskatchewan Premier Scott Moe and the Canola Council of Canada are urging federal financial support and high-level diplomacy.
  • China’s probe must conclude by September—with a possible six-month extension—and it has also opened investigations into Canadian pea starch and halogenated butyl rubber.