REGINA — SaskOilseeds says farmers are relieved tariff reductions on canola seed are coming by March 1.
The organization said the announcement after the prime minister’s visit to Beijing is positive.
“SaskOilseeds applauds government efforts at all levels showing leadership on this file. We support free, open trade for canola,” it said.
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The tariffs for canola seed are to drop to a combined rate of about 15 per cent. Right now, the combined rate is 84 per cent.
Canada ships about $4 billion worth of seed to China each year.
The agreement also means canola meal, lobster, peas and crab will not face anti-discrimination tariffs after March 1.
Canada also expects China will accelerate the resumption of exports of Canadian beef, pet food, animal genetics and other products, according to the federal government.
