Farms.com Home   Ag Industry News

Canada and Russia as agri-food trade partners

The two countries meet tonight for World Junior hockey gold

By Diego Flammini, Farms.com

On the ice, the rivalry between Canada and Russia will forever be etched in hockey history. Tonight, they’ll write another chapter in the storied saga as the two countries meet for World Junior hockey gold; a tournament the two nations continue to dominate. 28 of the 36 competitions resulted in either Canada or Russia winning gold.

One game between the two countries dubbed the “Punch-up in Piestany” saw the game suspended after brawl broke out.

Off the ice, when it comes to trading agriculture, it’s a little bit of a different relationship.

The most recent stats show in 2013, Canada exported over $321 million worth of agri-food products to Russia. The principal exports being over $250 million in pork products. Other imports included dog and cat food, fertilized chicken eggs, and pure-bred breeding swine.

On the other hand, Canada imported $21 million in products in 2013. The chief import being vodka at $8.7 million. Molasses, tobacco, flaxseed and millet round out the top five agri-food imports.

During the summer of 2014, sanctions were put on Russia while they and Ukraine were at odds. In response to the sanctions, Russia stopped importing foods from numerous countries, including Canada’s pork industry that could have a financial impact of up to $500 million.


Trending Video

Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.