China adds ‘additional pressure' with new tariffs on Canadian canola
The provisional rate will be set at 75.8 per cent, effective from Thursday, the Ministry of Commerce said in a statement.
ICE November canola futures fell four per cent to a three-month low after the announcement.
China, the world's largest importer of canola – also known as rapeseed – sources nearly all of its supplies of the product from Canada. The steep duties would likely all but end imports if they are maintained.
'This is huge. Who will pay a 75 per cent deposit to bring Canadian canola to China? It is like telling Canada that we don't need your canola, thank you very much,' said one Singapore-based oilseed trader.
Story continues below advertisement
China's Ministry of Commerce said on Tuesday an anti-dumping probe launched in September 2024 had found Canada's agricultural sector and particularly the canola industry had benefited from 'substantial' government subsidies and preferential policies.
1:49
Alberta farmers brace for China's 100% tariff on Canola oil and meals
China has until September, when the investigation formally ends, to make a final decision on the duties, though it has the option of extending that deadline by six months. A final ruling could result in a different rate, or overturn Tuesday's decision.
Get breaking National news
For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy
The decision marks a shift from the conciliatory tone struck in June when China's Premier Li Qiang said there were no deep-seated conflicts of interest between the countries during a phone call with Canadian Prime Minister Mark Carney.
'This move… will put additional pressure on Canada's government to sort through trade frictions with China,' said Trivium China agriculture analyst Even Rogers Pay.
Story continues below advertisement
The Canadian embassy in Beijing did not respond to a request for comment.
Separately, China also launched an anti-dumping investigation into Canadian pea starch and imposed provisional duties on imports of halogenated butyl rubber, according to ministry statements.
Replacing millions of tons of Canadian canola is likely to be difficult at short notice, say analysts.
China primarily uses imported canola to make animal feed for its aquaculture sector. A separate duty on Canadian canola meal imports in March has already put these supplies at risk.
The move provides an opportunity for Australia, which looks set to regain access to the Chinese market with a few test cargoes this year after a years-long freeze in the trade, Pay said.
Australia, the second-largest canola exporter, has been shut out of the Chinese market since 2020 due mainly to Chinese rules to stop the spread of fungal plant disease.
However, even if Australian imports increase, 'fully replacing Canadian canola will be very difficult unless import demand drops sharply,' said Donatas Jankauskas, an analyst with commodity data firm CM Navigator.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
39 minutes ago
- Cision Canada
Air Canada and Air Canada Rouge Flights Suspended due to a Strike By CUPE Flight Attendants
Air Canada Jazz and PAL Airlines flights continue to operate as usual MONTRÉAL, Aug. 16, 2025 /CNW/ - Air Canada today said that it has suspended all operations of Air Canada and Air Canada Rouge due to a strike by its 10,000 flight attendants represented by the Canadian Union of Public Employees (CUPE). The strike took effect at 12:58 am Eastern Time on August 16, 2025. Flights by Air Canada Express, which are operated by third-party airlines, are not affected. CUPE served Air Canada the statutory 72-hour strike notice on August 13, 2025. The airline has since been gradually reducing its schedule of approximately 700 daily flights to manage the labour disruption created by CUPE's strike notice, while working diligently to reach a new, negotiated collective agreement and avoid further labour disruption. Approximately 130,000 customers will be impacted each day that the strike continues. Air Canada is strongly advising affected customers not to go to the airport unless they have a confirmed ticket on an airline other than Air Canada or Air Canada Rouge. Air Canada will notify customers with imminent travel of additional cancelled flights and their options. For those customers due to travel soon whose flights are not yet cancelled, Air Canada has put in place a goodwill policy to allow them to rebook their travel or obtain a credit for future travel. For more information customers should visit Air Canada deeply regrets the effect the strike is having on customers. About Air Canada Air Canada is Canada's largest airline, the country's flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada's Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the world's largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers more travel choices than any other Canadian tour operator to hundreds of destinations worldwide, with a wide selection of hotels, flights, cruises, day tours, and car rentals. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada's passenger and freighter aircraft. Air Canada's climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US. Sign up for Air Canada news: Media Resources: Photos Videos B-Roll Articles SOURCE Air Canada
Vancouver Sun
4 hours ago
- Vancouver Sun
Maine state senator's pitch for western provinces to join U.S. is ‘nonsense,' says ‘enraged' B.C. MLA
VICTORIA — A British Columbia legislator said he went from 'disappointed' to 'enraged' after receiving a pitch from a Republican state senator for Canada's four western provinces to join the United States. Brennan Day, with the Opposition B.C. Conservative Party, said his office had to first confirm the authenticity of the 'nonsense' letter from Maine Sen. Joseph Martin after receiving it last week. Martin's three-page pitch said if B.C., Alberta, Saskatchewan and Manitoba were to seek admission to the United States after referendum votes, it would have to be as full American states. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. 'This would not be annexation. It would be adoption — welcoming home kindred spirits, who were born under a different flag but who desire to live under our Constitution and accept our responsibilities, customs, and traditions,' he wrote in the letter shared by Day. Martin said in the letter that his appeal is not a 'fantasy of empire' but a 'vision deeply rooted in American tradition' that would give the four provinces a chance to 'leave behind failing ideologies.' 'For too long, Canadian citizens have been subjected to an illusion of freedom administered through bureaucratic means,' he wrote, adding that the Canadian Charter of Rights and Freedoms, 'while lofty in rhetoric, provides no absolute protection.' He said this was in contrast to the U.S. Bill of Rights. Martin said 'millions of people currently frustrated by central authority, moral decay, and bureaucratic suffocation' would be rewarded by 'liberty' if the four provinces were to join the United States. 'The welcome mat is out,' he concluded. Day said the most shocking part of the letter was its attack on Canadian institutions, like the Charter of Rights, parliamentary government, monarchism, bilingualism, multiculturalism, and the dismissal of those cornerstones as 'political baggage.' Day said in an interview that Martin needed to look at 'how heavy his luggage' is. He said Martin's party was 'hauling around wheeled trunks' of baggage in the United States where the Constitution was 'being torn up by Republicans.' Day said it was not clear why Martin wrote to him, but suspected it might be due to 'rhetoric' coming out of Alberta that led Martin to believe British Columbians would be interested. Martin did not immediately respond to a request for comment left by voice mail and text. Day said he had written a response to Martin, in which he acknowledged that Canada has problems. 'But we don't fix them by surrendering our identity, as you suggest,' Day said in his response. 'We fix them by doing what Canadians have always done — rolling up our sleeves, listening to each other, and finding common ground.' Day said in his interview that the 'overwhelming majority of Canadians' like themselves just as they are. 'We have got a lot of work to do in improving our services, and making sure that we are spending our money wisely, and getting good value for it,' Day said. 'But I don't think anybody here looks south and goes, 'we want more of that.'' Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
Global News
4 hours ago
- Global News
How a bus stop in a small B.C. town became centre of dispute between China and Taiwan
A diplomatic dispute over a flag is playing out in the small town of Hope, B.C. Owing to its status as a regional crossroads, years ago, Hope put some thought and effort into its main bus stop, putting up flags of dozens of countries to welcome their citizens. Hope's effort at outreach had inadvertently stepped into one of the world's thorniest subjects: the status of Taiwan. Hope had been displaying the Taiwanese flag at that bus stop and China wasn't happy about it. Last summer, Beijing's Consulate in Vancouver emailed Hope Mayor Victor Smith, saying the flag needed to come down. 'It's kind of funny because we had it up there for about 12 years and one day we get a notification,' Smith told Global News. Story continues below advertisement Town officials decided to take down Taiwan's flag and put up China's flag. 1:37 Hegseth warns that China poses 'imminent' threat to Taiwan Smith said they thought they got the protocol correct; however, last month, another email came from a Taiwanese visitor, who noticed that flag was missing. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy This week, the council voted to put the flag back up, alongside China's, in a bid to stay neutral in the geopolitical dispute. 'We want to stay welcoming to people,' Smith added. The two nations have a long and complicated history. At the end of the Second World War, Japan relinquished control of any territory it had taken from China, including Taiwan, which was then brought under rule by the Republic of China. Story continues below advertisement When then-leader Chiang Kai-shek was defeated by Mao Zedong in 1949, he and his followers fled to Taiwan, where he established a dictatorship and ruled until the 1980s. Following his death, Taiwan began a transition to democracy. –with files from Paul Johnson and BBC News
