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(CBSA-asfc.gc.ca)
Markets

Canada to Mexico on NAFTA: You might be on your own

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Calgary | Reuters — Canada will focus on preserving its U.S. trade ties during talks to renegotiate NAFTA and may not be able to help Mexico avoid being targeted by the Trump administration, Canadian government sources say. “We love our Mexican friends. But our national interests come first and the friendship comes second,” a source
(Photo courtesy Canada Beef Inc.)

Canada not seen as U.S. target in NAFTA talks

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Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin
(British Columbia Wine Institute photo)
Crops

B.C. to defend wine industry against U.S. trade action

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Vancouver | Reuters — The British Columbia government said Wednesday it would defend its wine industry against a trade challenge from the U.S., and was confident it was not breaking any international trade rules. Earlier Wednesday, the U.S. said it started action against Canada at the World Trade Organization, accusing B.C. of discriminating against U.S.
Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)

Trudeau to shuffle Dion out of foreign affairs

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Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will shuffle his cabinet this week and is set to move Foreign Minister Stephane Dion, who ran into political trouble last year, a person with knowledge of the matter said on Monday. “Dion is out,” said the person, who requested anonymity because of the sensitivity of
Various hanging international flags.
Opinion

Harvesting prosperity from seven years of negotiation

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Threats to rip up NAFTA and trash the TPP send a chill down the spines of Canadians whose livelihoods depend on trade. While the Trump administration’s action plan is not yet clear, it is crystal clear that Canada’s past and future depend on trade. Throughout history with a small population and huge resources, Canada has
A U.S. Customs and Border Protection agent monitors the Canada/U.S. border near Sweet Grass, Montana, about 100 km southeast of Lethbridge. (CBP.gov)
Beef cattle, Livestock

Guenther: Canada’s beef export sector waiting, watching

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As speculation swirls around U.S. President-elect Donald Trump’s promise to renegotiate NAFTA, officials with Canada’s beef industry are taking a measured approach. They’re not ignoring the possibility of trade disruptions in the U.S., said Ryder Lee, CEO of the Saskatchewan Cattlemen’s Association — “but neither are we lighting our hair on fire yet at each
Trade liberalization isn’t popular now but former USDA chief economist and U.S. agricultural trade negotiator Joe Glauber hopes it will regain support because, in his view, it’s good for farmers.
News

Support for free trade ain’t what it used to be

What was ‘accepted wisdom’ is under populist attack, but a veteran American trade advocate 
expects a revival in trade liberalization because of the benefits

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After more than two decades trade liberalization seems out of style, but like fat lapels or skinny ties, it’s likely to be vogue again. That’s because of the benefits, especially for farmers, says Joe Glauber, the United States Department of Agriculture’s former chief economist and senior research fellow at the International Food Policy Research Institute
President-elect Donald Trump won a surprise victory Nov. 8, partly on promises to tear up trade deals like NAFTA.
News

Trump’s triumph turns to ag trade trepidation

The U.S. president-elect has threatened to tear up the $1-trillion-a-year 
North American Free Trade Agreement and says he won’t ratify the 
Trans-Pacific Partnership

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Canada’s trade-dependent economy, including agriculture, could be collateral damage in Donald Trump’s battle to make America great again. The president-elect says he’ll pull out of the North American Free Trade Agreement (NAFTA) if it can’t be renegotiated to give the U.S. a better deal. He also says he won’t ratify the Trans-Pacific Partnership (TPP), which
(Photo courtesy Canada Beef Inc.)
Livestock

Cattle producers urge trade fight if Trump revives COOL

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Winnipeg | Reuters — Canadian cattle producers will urge Ottawa to retaliate against the U.S. if the incoming Trump administration imposes a meat labelling program it views as discriminatory, restarting a six-year trade battle, an industry group said on Wednesday. U.S. news network CNN reported on Tuesday that a memo drafted by President-elect Donald Trump’s
President-elect Donald J. Trump won the electoral vote in the U.S. presidential election held on Nov. 8, 2016. Photo: Wikimedia Commons
Markets

World continues to digest Trump win

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As the world continues to digest Donald Trump’s surprise win in the U.S. presidential election, in many ways it seems to be business as usual. After see-sawing at the open, North American equity markets logged surprisingly strong gains after most market participants were said to have priced in a Hillary Clinton victory. The U.S. dollar

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