5 Trade Agreements Affecting Canadian Ag



The Canadian and European Union Comprehensive Economic and Trade Agreement (CETA) took effect on Sept. 21, 2017.

As part of the agreement, the EU agreed to allow about 94 per cent of Canadian ag products to enter duty-free. Those products include soybean and canola oil and processed pulses.

Other items, like durum wheat and barley, will have their tariffs removed within seven years.

The agreement also included tariff rate quotas for beef (50,000 tonnes per year), pork (80,549 tonnes per year) and bison (3,000 tonnes per year).

Like in the USMCA and CPTPP, Canada agreed to open some of its dairy market in the negotiations.

The European Union received access to about 7.5 per cent of the Canadian cheese market, equal to a 2.25 per cent reduction in quota, Dairy Farmers of Canada said.

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