A major Canadian canola exporter has had its registration to ship the oil to China revoked, apparently the latest flare-up in a diplomatic and trade dispute between the two countries. It's one of the largest single canola exporters in Canada, and "news about blocked exports hurts the whole value chain," Canola Council communications director Heidi Dancho said. "If [a] Canadian company has a good relationship and [they] comply with regulations, I don't think they have to worry too much about it." While the canola industry has been thrown for an unexpected loop, on the whole agricultural exports from Canada to China are actually increasing. One of the major ones is soybeans, which are now subject to a 25 per cent levy when they are shipping from the U.S. to China.

Source: CBC News March 05, 2019 15:23 UTC