# Statement by Minister Carr on Canada taking WTO action for canola industry - Canada.ca

> Canada's Minister of International Trade Diversification issued a statement confirming that Canada is seeking bilateral consultations with China at the WTO over canola. The government also cited support for farmers, including larger Advance Payments Program limits and an extra 150 million dollars in export insurance through Export Development Canada.

- Date: 2019-09-06 · published 2019-09-06T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57051-statement-by-minister-carr-on-canada-taking-wto-action-for-canola-industry
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Formal WTO consultations are a procedural step that could lead to a dispute, but they do not restore Chinese demand. Canola prices will stay pressured until market access is reopened.

## Sources

- canada.ca: https://www.canada.ca/en/global-affairs/news/2019/09/statement-by-minister-carr-on-canada-taking-wto-action-for-canola-industry.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.