US EditionCarney pledges $370M in incentives for canola sector
The $370 million package aims to aid Canadian canola producers facing a 75.8% tariff from China, including biofuel incentives and support for market diversification, government says.
- Prime Minister Mark Carney announced a $370 million production incentive for Canadian canola producers on September 5, 2025.
- The announcement responded to a 75.8 per cent tariff China imposed last month on Canadian canola seed amid ongoing U.S. sectoral tariffs.
- The government also introduced measures to support small businesses, expand loans to $5 million for SMEs, amend Clean Fuel Regulations, and boost market diversification funding.
- Carney said the biofuel incentive targets "immediate competitiveness challenges" and added the government will increase interest-free advances and provide reskilling programs for 50,000 workers.
- These initiatives aim to help affected workers and businesses adapt while promoting federal procurement of Canadian goods and extending Employment Insurance benefits.
28 Articles
28 Articles
The Globe & Mail
BizTocOttawa aims to help beleaguered canola industry with moves to boost domestic biofuel production
Carney announces biofuel production subsidy and domestic-content provisions as canola farmers struggle with tariffs from its two largest export markets
Carney pledges $370M in incentives for canola sector in wake of Chinese tariff
The federal government said Friday that a new biofuel production incentive is meant to address "immediate competitiveness challenges" after China hit Canadian canola with a 75.8 per cent tariff last month.
CP Carney pledges $370M in incentives for canola sector
Prime Minister Mark Carney says the government is launching a new $370 million production incentive to help Canada’s canola producers. The government says its new biofuel production incentive is meant to address “immediate competitiveness challenges” as China imposes massive tariffs on Canadian canola seed. China hit Canadian canola with a 75.8 per cent tariff last […]
Winnipeg Free Press
Carney pledges $370M in incentives for canola sector
Breaking News, Sports, Manitoba, Canada
How to Blunt China’s Stranglehold on Canola - Policy Magazine
By Fen Osler Hampson September 6, 2025 Saskatchewan Premier Scott Moe is currently in China, accompanied by Prime Minister Mark Carney’s parliamentary secretary, Kody Blois. Their three-day mission is to negotiate relief from China’s punishing canola tariffs, which have slowly put a stranglehold on Canada’s $43 billion a year canola sector. In March, Beijing slapped 100% duties on Canadian canola oil and meal. In August, a further 75.8% anti-dum…
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