# Canada and China agree to extend deal on canola, steel to late 2028

> Canada and China agreed to extend by two years, to the end of 2028, a January trade arrangement giving Chinese market access to Canadian canola meal, peas, lobster and crab. In exchange, Canada keeps market access for certain Chinese steel and aluminum products. Trade Minister Maninder Sidhu credited a bilateral trade body relaunched in January.

- Date: 2026-11-04 · published 2026-11-04T18:15:12.172Z
- Category: trade · region Canada-China · magnitude medium
- Page: https://feedsoft.ai/events/80182-canada-and-china-agree-to-extend-deal-on-canola-steel-to-late-2028
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Extending Chinese tariff relief on canola meal secures a key export outlet for Canadian crushers and supports meal demand. The price impact is supportive, as it removes a deadline that could have disrupted shipments.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- ca.finance.yahoo.com: https://ca.finance.yahoo.com/news/beijing-ottawa-agree-extend-deal-164252553.html
- globalnews.ca: https://globalnews.ca/news/12136979/canada-china-deal-canola-steel/
- panow.com: https://panow.com/2026/11/04/beijing-ottawa-agree-to-extend-deal-on-canola-chinese-steel-access-to-late-2028/
- 620ckrm.com: https://www.620ckrm.com/2026/11/04/kaeding-welcomes-news-of-extension-on-canola-access-to-china/
- bnnbloomberg.ca: https://www.bnnbloomberg.ca/business/2026/11/04/beijing-ottawa-agree-to-extend-deal-on-canola-chinese-steel-access-to-late-2028/
- cbc.ca: https://www.cbc.ca/news/politics/china-extends-tariff-relief-seafood-canola-9.7409066
- saskagtoday.com: https://www.saskagtoday.com/agnews/kaeding-welcomes-news-of-extension-on-canola-access-to-china-12981403
- sasktoday.ca: https://www.sasktoday.ca/tariffs-and-trade/kaeding-welcomes-news-of-extension-on-canola-access-to-china-12981403
- syngenta.ca: https://www.syngenta.ca/market-news/canada--china-extend-canola-meal--pea-tariff-relief-through-2028

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