Ottawa doubles loan program for farmers hit in canola row with China

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Ottawa doubles loan program for farmers hit in canola row with China
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Ottawa doubles loan program for farmers hit in canola row with China GlobeBusiness

Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, and Jim Carr, Minister of International Trade Diversification, provide an update on the government's response to the canola trade dispute with China during a press conference on Parliament Hill in Ottawa on Wed., May 1, 2019.The Canadian government has unveiled a financial aid package for canola growers hit by Chinese restrictions on Canada’s biggest crop.

“These measures will give canola producers the support they need to manage their cash flow,” Ms. Bibeau told reporters on Wednesday in Ottawa. “It will give them the flexibility to sell their canola at the best time, at the best price.”China has withdrawn import licences for major canola sellers, saying the crops contain unacceptable numbers of pests. The canola industry and the federal government reject these claims and are seeking to send inspectors to China to verify the Chinese claims.

Jim Carr, Minister for International Trade Diversification, said while a complaint with the World Trade Organization is an option, the government and industry agree the best way to tackle the dispute is by talking with the Chinese and verifying the science of their grounds for rejecting the crop. “We haven’t had any evidence of the irregularities,” said Ms. Bibeau, adding Canada is still awaiting approval from China of a request to send food inspectors to China to verify the claims.

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