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Prime Minister Mark Carney visited Beijing and, with President Xi Jinping, issued a joint statement establishing a new Canada-China strategic partnership covering energy, agri-food and trade. The first Canadian prime ministerial visit to China since 2017 also included an agreement to allow up to 49,000 Chinese electric vehicles into Canada at a low tariff.
Easing bilateral tensions raises the prospect of restored Chinese demand for Canadian agri-food exports, which supports Canadian canola and related meal prices.
pm.gc.caJan 16, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
