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Bill C-216, a private member's bill from Bloc Quebecois MP Louis Plamondon, would bar federal negotiators from offering tariff or quota concessions on supply-managed sectors. Dairy, poultry and egg groups back the bill, while others warn it would hinder future trade talks.
The bill is still before a parliamentary committee.
If passed, the bill would limit Canada's market access concessions and protect domestic dairy, chicken and egg prices from import competition. The bill is still at committee stage, so near-term price effects are small.
farmtario.comD.C. FraserJul 5, 2021Not 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.
