Canadian canola, like this crop in eastern Saskatchewan, will likely be central to Canada’s Indo-Pacific strategy around trade.
The multipronged $2.3-billion policy consists of everything from promoting peace and security to building a greener future. Food producers like its plan to increase trade, investments and supply chain resilience. Where $244.1 million is earmarked to improve trade between Canada and countries in the region, agriculture and agri-food are listed as priorities. An additional $31.8 million to establish Canada’s first agriculture office was announced prior to the full release of the strategy to improve trade outcomes.
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Indo-Pacific strategy good first step, but more details needed: business leaders - BNN BloombergCanada’s Indo-Pacific strategy is a good first step, but more details are needed on how the country can close gaps at home that could impede the strategy’s success, the Canadian Chamber of Commerce says.
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