Federal Investment Supports Canola’s Value, Access To Global Markets

Last Month, the federal government announced an investment of more than $1.8 million to the Canola Council of Canada (CCC) through the AgriMarketing Program under the Canadian Agricultural Partnership.

"Canada leads the world in canola exports and this investment will keep growers well-positioned for future success. The Government of Canada is determined to maintain this leadership and will invest in projects that support the growth of the canola sector. This investment will provide the Canola Council of Canada the support and tools they need to remain a global leader in canola,” said Marie-Claude Bibeau, Minister of Agriculture and Agri-Food.

When combined with contributions from the canola industry, up to $3.6 million will be invested over the next two years to help CCC make progress on two of the canola industry’s Keep it Coming 2025 strategic priorities: differentiated value in the marketplace, and stable and open trade.

“This joint investment is great news for the entire canola value chain as we focus on the needs and challenges of a dynamic and evolving global trade environment,” said CCC President Jim Everson. “Canola is an important driver of the Canadian economy, and this investment will help ensure the canola industry is leading the way towards the federal government’s objective of $75 billion in agri-food exports by 2025.”

More than 90 per cent of Canadian canola is exported as seed, oil or meal.

This funding will help the industry proactively address and resolve trade barriers in international markets, foster market diversification, as well as build the value and reputation of canola around the world through activities such as:

- Seeking full recognition of Canadian canola’s world-leading sustainability practices so that canola can generate the most value as a low-carbon renewable feedstock.
- Building relations with our customers and their governments to address trade inhibiting practices before they become market access issues.
- Engaging with existing and potential customers in key markets to demonstrate the latest research-backed benefits, quality characteristics and reliable supply of canola seed, oil and meal.
- Conducting in-market research and outreach to support canola’s brand as a healthy oil and high quality, versatile meal, and address changing market demands.
- Proactively working to ensure our canola meets the requirements of our export customers – such as efforts through the Keep it Clean program and monitoring potential risks in major export markets.

Efforts will be focused on established and emerging global markets including the U.S., China, Mexico, Japan, the European Union, South Korea, Vietnam, Thailand and Pakistan.