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Trade

Farming, trade, energy and economic news that matters to Canada, in short plain reports.

Saturday, November 14

Official figures

Canada concludes free trade talks with the Philippines and nearly finishes ASEAN deal

Prime Minister Mark Carney announced in Manila on November 14 that Canada has concluded free trade negotiations with the Philippines and substantially concluded talks on a wider agreement with ASEAN, the prime minister's office said. Both sides are working toward signing the Philippines agreement in 2027. Two-way merchandise trade with the Philippines totalled $3.4 billion in 2025, up 7.4% from 2024, the office said. It said the agreement could give Canadian businesses better access to the Philippine market, with farm and forest goods singled out, and that Canada announced $26 million for projects that include climate-resilient agriculture and food security.

Trade. Added 3:07 am Saskatchewan time.References 12

Friday, November 13

Official figures

Naqvi outlines new federal-Ontario action plan on steel, autos and critical minerals

Parliamentary Secretary Yasir Naqvi highlighted a new federal-Ontario action plan in Sault Ste. Marie on November 13, Global Affairs Canada said. The department said Ottawa has given over $25 billion in help to workers and businesses hit by U.S. tariffs. Under the plan, federal greenhouse gas limits on new light-duty vehicles will be held at their 2026 level until the end of the 2029 model year. The governments will also set up a Joint Steel Action Fund and a Canada-Ontario Steel Task Force, and for critical minerals the plan includes road infrastructure, a joint permitting process and a working group for engagement with First Nations.

Trade. Added 9:09 pm Saskatchewan time.References 1

Official figures

Foreign minister heads to Cambodia, then China for APEC leaders' meeting

China ranked as Canada's second-biggest trading partner among single countries in 2025, with $125.6 billion in two-way merchandise trade, Global Affairs Canada said on November 13. The same release announced that Foreign Minister Anita Anand will be abroad between November 14 and 19. In Shenzhen she is to join the prime minister at the APEC leaders' meeting and hold talks with officials and business representatives on investment and trade links under a new Strategic Partnership. Before that she stops in Phnom Penh, Cambodia, for a Francophonie ministerial conference and summit.

Trade. Added 3:10 pm Saskatchewan time.References 1

Official figures

Ottawa puts $17.6 million toward 18 Calgary-area businesses dealing with U.S. tariffs

Eighteen businesses in the Calgary area received up to $1 million each, in payments that do not have to be repaid, the federal government said on November 13. Eleanor Olszewski, the minister responsible for PrairiesCan, made the announcement in Calgary, and the total was $17.6 million. Officials said the firms include businesses in agriculture, health sciences, construction and advanced manufacturing. The money comes from a $3.45 billion tariff-response program, which officials described as part of a $7.5 billion federal package for workers and businesses hit by U.S. tariffs.

Trade. Added 1:08 pm Saskatchewan time.References 1

Official figures

Carney meets European leaders in Dublin; Canada-EU trade was about $178 billion in 2025

The Prime Minister's Office said Mark Carney met leaders from Greece, Cyprus, Ireland, France, Denmark, Latvia and Sweden on the sidelines of the European Political Community summit in Dublin on November 12. It said the European Union is Canada's second-largest trading partner for goods and services, with bilateral trade up 10% from 2024 to 2025, to approximately $178 billion. The office also said Canadian LNG supply agreements with European buyers total up to 8 million tonnes a year for 20 years from 2032, and are waiting on a final investment decision on one project.

Trade. Added 5:10 am Saskatchewan time.References 1

Official figures

Alberta sends two legislators to U.S. states' meeting to promote farm and energy trade

The Alberta government said on November 10 that two of its legislators, Angela Pitt and Glenn van Dijken, will attend National Conference of State Legislatures task force meetings in Sacramento, California, from November 12 to 15. Pitt will speak for Alberta on the energy panel. Van Dijken sits on the agriculture panel, where the province said he will discuss cross-border farm trade and food security. The province said agri-food exports to the United States were about C$8.6 billion in 2025, and that U.S. customers buy 50.8% of Alberta's agri-food exports.

Trade. Added 1:09 am Saskatchewan time.References 1

Thursday, November 12

Official figures

Canada's trade minister met India's commerce minister during sixth round of trade talks

International Trade Minister Maninder Sidhu met India's Commerce and Industry Minister Piyush Goyal in New Delhi, Global Affairs Canada said on November 12. The two discussed pushing the Canada-India comprehensive economic partnership agreement talks forward, and the department said the aim is to wrap them up successfully by the end of this year. India is hosting the sixth negotiating round in New Delhi from November 11 to 20. The department named agri-food among the priority sectors, along with aerospace, clean technology, information technology and life sciences.

Trade. Added 7:07 pm Saskatchewan time.References 1

Tuesday, November 10

Official figures

Agriculture minister ends China mission with pet food arrangement and canola meal briefing

Agriculture and Agri-Food Canada said on November 10 that Minister Heath MacDonald has finished his third mission to China. The department said talks in Beijing included finalizing a pet food arrangement, updated to allow ruminant ingredients as well as poultry, with market value potential of $530 million. MacDonald and International Trade Minister Maninder Sidhu also updated Canadian agriculture stakeholders on the two-year extension of market access for canola meal, peas, lobsters and crab, which Global Affairs Canada announced on November 4.

Trade. Added 12:10 pm Saskatchewan time.References 12

Monday, November 9

Official figures

Canada keeps broad tariff relief for importers of U.S. goods until June 2028

Canada will keep its broad relief from tariffs on certain U.S. goods in place for another year, to June 30, 2028, Finance Minister François-Philippe Champagne announced on November 9. The department said the relief will now reach non-steel items bought for mining, quarrying and oil and gas extraction, and goods that public education bodies use. Relief will end for certain goods with domestic production: certain trailers on December 1, 2026, and certain aluminum wire, extrusions and paperboard products on February 1, 2027. The department listed agricultural production among the uses of non-steel goods that the relief covers.

Trade. Added 6:07 pm Saskatchewan time.References 1

Official figures

Canada and China sign finance cooperation deals at talks in Vancouver

Finance Minister François-Philippe Champagne and International Trade Minister Maninder Sidhu held the second Canada-China economic and financial strategic dialogue with China's Vice Premier He Lifeng in Vancouver on November 8 and 9. Officials said two finance ministries signed a memorandum of understanding, and Canada's financial regulator signed a cooperation agreement with its Chinese counterpart. The department said China bought $35.0 billion of Canadian goods in 2025, a rise of 16.8% from 2024, and sales are up 41% so far in 2026 against the same period in 2025. It said China ranks second among Canada's customers for seafood, agriculture and forest products, with sales of about $10.2 billion in 2025.

Trade. Added 4:15 pm Saskatchewan time.References 12