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Agriculture Roundup for Monday November 7, 2022

Agriculture ministers from roughly 50 countries agreed to redouble their efforts on several issues.

Agriculture and Agri-Food Minister Marie-Claude Bibeau attended two days of meetings at the Organization for Economic Co-operation and Development (OECD) in Paris.

The ministers agreed to continue their efforts to implement better practices to feed the growing world population, fight climate change, and ensure that farmers and workers can make a successful living from agricultural production.

Bibeau acknowledged the leadership of Canada’s producers in sustainable development and ensuring global food security.

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.