Canada-China Trade: Opportunities & Challenges
Montreal News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Canadian businesses are capitalizing on Chinas vast market following PM Carneys meeting with President Xi. Tariffs on canola and seafood have been reduced, and exports are targeted to increase by 50% in five years. However, pork tariffs remain high, and competition is fierce. Despite challenges, business leaders express optimism, citing supportive local governments and growing infrastructure. New deals in oil, gas, and emissions cuts are on the horizon, but diversifying markets and rebuilding supply chains pose difficulties.
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