Farms.com Home   News

Canada launches public consultations on tariff rate quotas for supply-managed goods

OTTAWA - Global Affairs Canada has launched public consultations on how it allocates and administers tariff rate quotas for a number of supply-managed poultry and dairy products.
 
The government is looking to hear from both individuals and organizations via an online questionnaire found on its website.
 
A tariff rate quota (TRQ) is an import mechanism that allows a certain amount of a specific product to be imported at a low or zero duty rate, while anything above that is generally charged a much higher rate.
 
The survey allows Canadians to choose from two dozen products to comment on, including chicken, eggs, cheese and butter.
 
It asks questions about what the preferred method of allocation would be for TRQs, whether new entrants should face different eligibility criteria, and whether there should be a cap on how much of the quota one allocation holder can receive.
 
Survey takers can weigh in on whether a portion of the allocation should be reserved for specific demographics or other categories, like women-owned businesses; whether transfers should be allowed; and what, if any, restrictions should be considered for auctions.
Source : FCC

Trending Video

14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

Video: 14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!

New technical breakout in KC wheat and canola futures.

May weather forecast remains cool/wet for U.S. east but dry out west.

S&P 500 surged +14% in April to new record highs!

Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.

UAE leaving OPEC on May 1 while OPEC + looking to increase output again.

U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.