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Minister Smith to Bring Open for Business Message to Committee on Internal Trade

TORONTO—Today Todd Smith, Minister of Economic Development, Job Creation and Trade, issued the following statement on attending the 2019 Committee on Internal Trade in Halifax as part of the Canadian Free Trade Agreement (CFTA):
 
"I look forward to meeting with my federal and provincial counterparts to discuss ways we can reduce internal trade barriers and make it easier for Ontario companies, along with those from other provinces and territories, to do business in other Canadian markets.
 
We are committed to protecting and creating good jobs for the people of Ontario, and that starts with getting government out of the way of job creators. We are focused on eliminating unnecessary barriers to trade so consumers across Canada have access to the quality goods and services that Ontario is known for. During the meeting, I will focus on several key initiatives being pursued under the CFTA that will help Ontario strengthen trade and investment with other provinces and territories, including efforts to reduce red tape, eliminate trade barriers protected under the CFTA and negotiate new trade rules that would apply to the financial services sector.
 
By eliminating unnecessary restrictions, we can grow our economy and businesses right here at home. My message will be clear: Ontario is open for business and committed to cutting red tape for businesses within our borders and beyond."
Source : Ontario.ca

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.