2016 Senate Report Warned of Current Challenges

Senate urged the government to reduce dependence on the U.S. market

In 2016, during the first Trump term as US President, the Senate Committee on Banking, Commerce, and the Economy advised dismantling internal trade barriers to enhance economic growth.

It also urged the government to reduce dependence on the U.S. market and implement tax reforms to prevent businesses from relocating.

The Senate Committee on Foreign Affairs and International Trade emphasized strengthening ties with Mexico and recognized the need for free-trade agreements amid rising protectionism.

Years before the “Buy Canadian” movement gained momentum, the Senate Committee on Agriculture and Forestry identified increasing demand for domestically produced goods. It also pointed out the untapped opportunities in the value-added food sector, which could contribute significantly to Canada’s economy.

To address export challenges, the committee conducted an extensive study, consulting over 500 industry experts, farmers, and processors. Their findings aimed to support agricultural businesses in expanding their global reach.

With the right policies, Canada’s agricultural sector and trade strategies could enhance economic stability and growth. More insights can be found through reports Made in Canada: Growing in Canada's Value Added Food Sector and Canadian farmers need greater access to foreign markets to thrive.