Canada’s canola farmers and exporting companies are key drivers of economic prosperity and growth for the middle class, exporting $11 billion worth of canola to more than 50 countries in 2018.

“Our government is proud to back Canada’s farming families and the high-quality products from their farms that are in demand around the globe. Today’s announcement is part of a broader effort to support farmers in a difficult time, while diversifying trade and opening new markets to create jobs for the middle-class.”

- Jim Carr, Minister of International Trade Diversification

“We have been working on all fronts to support our canola producers during this time of market uncertainty. This is another example of our Government standing shoulder-to-shoulder with Canadian producers to ensure they have the support they need. We know we have the best canola in the world. International demand for our agricultural products continues to grow because of our strong reputation as having high-quality products backed by a robust inspection system.”

- Marie-Claude Bibeau, Minister of Agriculture and Agri-Food

“As Canada’s export credit agency, we have listened to canola exporters navigating this challenging environment. We understand that insurance coverage is critical for them to expand into new markets by protecting their sales and enabling them to access more working capital from their banks. This additional capacity for Canadian canola exporters is an important part of the Government of Canada’s response plan for the sector, and we’re proud to provide it.”

- Carl Burlock, Executive Vice-President and Chief Business Officer, Export Development Canada

• On April 1, 2019, Agriculture and Agri-Food Canada announced the formation of the Government of Canada Canola Working Group, made up of representatives from industry and provincial and federal governments.

• Canada’s canola industry contributes almost $27 billion annually to the country’s economy.

• EDC will continue to work with stakeholders, partners and exporters to find other markets of opportunity for Canadian companies.

• By signing the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Government of Canada is delivering for Canadian canola farmers, expanding market access and ensuring the continued success of farm families.

• With the CPTPP and CETA, Canadian farmers and producers have preferential market access to an estimated 1.5 billion consumers in more than 50 countries.

Associated links

• Export Development Canada Canola Support
• Advance Payments Program
• Government-of Canada Canola Working Group
• Diversifying Canada’s trade and investment opportunities

Isabella Brisson-Urdaneta
Press Secretary
Office of the Minister of International Trade Diversification
343-203-7332
Isabella.Brisson-Urdaneta@international.gc.ca

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Global Affairs Canada
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Justine Lesage
Press Secretary
Office of the Minister of Agriculture and Agri-Food
justine.lesage@canada.ca
613-404-1168 (cell)

Media Relations
Agriculture and Agri-Food Canada
613-773-7972
1-866-345-7972 
aafc.mediarelations-relationsmedias.aac@canada.ca
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Amy Minsky
Export Development Canada
(613)597-8872
aminsky@edc.ca