Overview

• Scott Moe will lead a trade mission to China next week and has invited Prime Minister Mark Carney and federal ministers to join, with meeting details still being finalized.
• China’s measures include a nearly 76% tariff on Canadian canola seed and 100% duties on canola oil and meal, widely viewed as retaliation for Canada’s 100% tariff on Chinese electric vehicles.
• Moe said any shift on EV tariffs must consider Canada’s relationship with the United States, which is the largest market for Canadian canola.
• Alberta Premier Danielle Smith has also urged dropping the EV tariff, and Saskatchewan NDP Leader Carla Beck said removing it should be considered if it leads to lifting China’s canola duties.
• China’s anti-dumping investigation into Canadian canola is slated to conclude in September, with Ottawa noting it can extend the deadline by six months as an industry worth $43 billion and 200,000 jobs faces mounting pressure.