Canada collects a 35 per cent tariff on all Russian imports, including farm fertilizer shipments, in retaliation for Russia's invasion of Ukraine. Farmers make often risky decisions about what crops to grow and place orders for seed and fertilizer months in advance. Before the tariff was imposed, it was exporting 660,000 tonnes of nitrogen fertilizer annually into Eastern Canada — about 85 to 90 per cent of the total fertilizer applied. Canada has the natural gas resources to become self-sufficient in fertilizer if the government invests in domestic nitrogen production, Koeslag said. The fertilizer tariff could be making Canada's crops less competitive on the world market during a period of relative scarcity, holding back economic growth.

Source: CBC News July 24, 2022 13:31 UTC