Pork sector to benefit from CPTPP trade agreement

Feb 26, 2018

The partnership will generate $4.2 billion in long-term economic gains for Canada

Staff Reporter

Farms.com

The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) will bring growth to the Canadian economy, including its pork sector, according to a recent report by Global Affairs Canada.

“Canada’s pork sector can expect a significant increase in exports, tariff reductions and a more level playing field with other countries in this partnership,” when the eleven member countries begin trade under the new agreement, according to Wednesday’s Canadian Pork Council (CPC) release.

In fact, Canada is likely to see a 10.07 per cent increase in pork exports under the agreement, the government report stated.

This growth, which the government values at approximately $635.1 million, could benefit other aspects of the economy as well.

For example, the increased demand for Canadian pork could create jobs in both rural and urban communities, the CPC release said.

Overall, by 2040, the partnership could raise the country’s Gross Domestic Product by $4.2 billion, the government report stated.

In addition to Canada, the ten other CPTPP member countries include Australia, Brunei Darussalam, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Farms.com has reached out to the CPC for further comment.

Photo: Jevtic/iStock/Getty Images Plus photo

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.