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Saskatchewan is seeking to diversify canola export markets because China and the US together took over 83% of its canola exports last year. Chinese tariffs have effectively closed that market, and trade uncertainty with the US adds pressure.
The province's trade minister said he wants action quickly to support growers.
With China effectively closed, Canadian canola must find other buyers, which tends to weigh on prices and widen discounts. Market diversification efforts are a slow process that does not quickly restore lost demand.
cbc.caKatie SwyersOct 15, 2025Not 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.
