Close X
Thursday, December 26, 2024
ADVT 
National

Indo-Pacific strategy 'good news' for farmers

Darpan News Desk The Canadian Press, 29 Nov, 2022 10:59 AM
  • Indo-Pacific strategy 'good news' for farmers

OTTAWA - Agriculture commodity groups are applauding the Liberal government’s long-awaited Indo-Pacific strategy and hoping it will lead to more, and better, free trade deals.

The strategy, announced Sunday in Vancouver, includes commitments to increase military spending and build closer ties with countries such as India.

Included in the $2.3-billion plan is a promise to earmark $244.1 million for improving trade between Canada and countries in the region.

While no specific targets or benchmarks are included in the strategy, and questions remain over how effectively the dollars will be spent, the heightened focus on the region is being celebrated by agriculture groups in Canada.

Todd Lewis, a Saskatchewan-based farmer and a vice-president of the Canadian Federation of Agriculture, says it is "good news for Canadian agriculture."

"It is another signal that the government of Canada is serious about trying to establish both trade deals as well as trade relationships," he said. "It is something that we hope will grow and continue to be successful."

Canada’s Indo-Pacific strategy seeks new trading relationships, as well as the expansion of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, by adding new members.

The pact, which already includes heavyweights such as Australia, Japan and Mexico, entered into force four years ago. The United Kingdom, the Philippines, Indonesia, Taiwan and China have applied for membership.

Leif Carlson, director of market intelligence and trade policy for Cereals Canada, said the Indo-Pacific strategy should be viewed through a long-term lens as a way to deepen those trade relationships.

"I hope that the Indo-Pacific strategy is going to be complementary to the CPTPP," he said.

Some agricultural producers say the deal has not lived up to expectations and its implementation has been slow.

"Some of these trade deals aren't maybe what they thought they would be, or what we hoped they would be, and a little bit slow getting off the ground," said Lewis.

Jim Everson, president of the Canola Council of Canada, said he hopes the strategy "builds on the CPTPP" and adds momentum to a prospective deal with the Association of Southeast Asian Nations, known as ASEAN.

Canada has been trying to strike a trade deal with ASEAN, a bloc of 10 countries in Southeast Asia, since 2017.

After a public consultation on a potential deal in 2018, the two parties agreed to proceed with negotiations in 2021, with Prime Minister Justin Trudeau announcing funding to help ASEAN nations take part in trade-deal negotiations at a summit held by the bloc earlier this month.

Canada has also moved toward negotiating more bilateral deals in the region, including with India and ASEAN member Indonesia.

MORE National ARTICLES

More temperature records in B.C., no sign of rain

More temperature records in B.C., no sign of rain
Environment Canada says 11 daily maximum temperature records were set Wednesday across parts of Vancouver Island, the central coast, southern Interior and southeastern B.C. At 26.9 C, the Pemberton area broke a record that has stood since 1908.

More temperature records in B.C., no sign of rain

B.C.'s Horgan heads to California for climate deal

B.C.'s Horgan heads to California for climate deal
The premier says the leaders expect to sign a memorandum agreement on climate approaches for the region. Horgan says B.C. and the U.S. West Coast states are facing similar climate-related issues, including wildfires, weather events and wild salmon declines, and the jurisdictions are looking for ways to work together.

B.C.'s Horgan heads to California for climate deal

Port Moody Police investigate tire slashing spree

Port Moody Police investigate tire slashing spree
On Tueaday a series of vehicle owners contacted the Port Moody Police Department reporting that their tires had been slashed overnight sometime between October 3 at 9 p.m. and October 4 at 9 a.m. These incidents occurred on View Street and Highview Place and are all believed to be connected. 

Port Moody Police investigate tire slashing spree

B.C. premier cites 'multi-faceted' crime approach

B.C. premier cites 'multi-faceted' crime approach
B.C. Premier John Horgan says the New Democrat government's crime-fighting agenda involves more than increasing arrests of alleged violent offenders. Horgan says he agrees with Attorney General Murray Rankin who told the legislature on Tuesday that a focus on more arrests of prolific offenders to curb crime would be "futile."  

B.C. premier cites 'multi-faceted' crime approach

Gas prices creep higher as OPEC Plus cuts output

Gas prices creep higher as OPEC Plus cuts output
Gasoline prices in Canada continue to creep higher ahead of the Thanksgiving long weekend. And while the price of crude oil slumped in September, with the international benchmark Brent sagging as low as US$84 in recent days after spending most of the summer months over $100 per barrel, it jumped on Wednesday after the OPEC Plus alliance of oil-exporting countries decided to sharply cut production.

Gas prices creep higher as OPEC Plus cuts output

Federal government introduces diabetes framework

Federal government introduces diabetes framework
Health Minister Jean-Yves Duclos and the federal government have tabled a new and long-awaited plan in the House of Commons to improve access to diabetes treatment and prevention in Canada. Liberal MP Sonia Sidhu called for the framework as part of a private member's bill that became law in 2021.

Federal government introduces diabetes framework