Trade with the U.S.

Importance of the U.S. market

The U.S. remains one of canola’s most important and long-standing markets, valued at $5.7 billion in 2025. Developments in the Canada–U.S. trade relationship are therefore a key concern for Saskatchewan canola farmers.

While tariff uncertainty continues to affect markets, canola seed, oil and meal remain eligible for tariff-free trade with the U.S. under the Canada–United States–Mexico Agreement (CUSMA). SaskOilseeds continues to work with national industry partners to advocate for the agreement, preserve tariff-free market access and support mutually beneficial trade.

Free and open trade benefits both countries

The North American canola industry is highly integrated, creating value across the supply chain on both sides of the border. The U.S. is Canada’s leading canola market and the largest export destination for Canadian canola oil and meal.

In the U.S., Canadian canola industry contributes $11.2 billion USD in economic activity and supports 22,000 U.S. jobs, generating $1.2 billion USD in wages.

What this means for farmers

SaskOilseeds is closely monitoring Canada–U.S. trade developments and assessing potential impacts on Saskatchewan canola farmers. We will share new information as it becomes available.

Effective September 8, the Government of Canada imposed counter-tariffs on $27.6 billion in U.S. goods. Certain agricultural equipment parts used for harvesting, threshing and haying; cutting bars for hay and forages; and mowers have been included in the counter-tariff list with tariffs ranging from 15 to 25 per cent. Although these products are subject to tariffs, a remission process is in place to prevent these added costs from being passed on to farmers.