# Canola industry cheers CPTPP signing | Canola Council of Canada

> The Canola Council of Canada welcomed Canada's signing of the CPTPP trade agreement in Santiago, Chile. The deal will eliminate canola oil and canola meal tariffs in markets such as Japan once implemented, enabling more value-added canola exports.

- Date: 2018-03-07 · published 2018-03-07T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65969-canola-industry-cheers-cptpp-signing-canola-council-of-canada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Removing tariffs on canola oil and meal in CPTPP markets could increase export demand for Canadian value-added products, a bullish factor for canola complex prices, though implementation timing is still uncertain.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- canolacouncil.org: https://www.canolacouncil.org/news/canola-industry-cheers-cptpp-signing/

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