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Commentary argues China's economic interests, including its reliance on Canadian agricultural trade, limit the effectiveness of its diplomatic and trade threats against Canada. It recalls Trudeau's 2019 remarks linking canola, lobster and cherry exporters to the trade relationship.
Canadian canola and other farm exports to China remain exposed to political retaliation, which can disrupt canola meal and seed flows and add risk premium to canola prices.
edmontonsbusiness.caLuke PateyApr 28, 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.
