GFM Network News

(Keith Weller photo courtesy ARS/USDA)

TPP study sees net ‘neutral’ effect on dairy sector

An economic impact study on Canada’s participation in a Trans-Pacific Partnership (TPP) trade deal finds losses in Canada’s dairy sector would be “offset” by gains for dairy processors from cheaper dairy imports. The study, prepared for the federal government by its Office of the Chief Economist and released Friday, notes Canada has offered expanded access […] Read more

Cape Horn, the southernmost point of Chile. (

Chile plans to send TPP deal to Congress this year

Santiago | Reuters — The Chilean government is expecting to send the Pacific trade deal known as the Trans-Pacific Partnership (TPP) to its Congress for approval by the end of 2016, President Michelle Bachelet said Thursday. The 12-nation TPP aims to liberalize commerce in 40 per cent of the world’s economy, but its future is […] Read more


U.S., European trade negotiators battle political headwinds

New York | Reuters — Facing deeply entrenched differences and political headwinds, the top negotiators trying to reach a sweeping U.S.-European free trade deal avoided agriculture, public procurement and other thorny issues in talks this week. Instead, Assistant U.S. Trade Representative Daniel Mullaney and European Commission lead negotiator Ignacio Garcia Bercera said on Friday they […] Read more

Trade Minister Chrystia Freeland, at the news conference for the TPP’s signing in Auckland, explains Canada’s plans for public consultations and parliamentary hearings on the deal. (New Zealand Ministry of Foreign Affairs and Trade via YouTube)

Canada signs Trans-Pacific Partnership

Trade ministers from the 12 countries in the Trans-Pacific Partnership have signed their trade agreement, committing them to take the deal to their home governments for review and/or approval. The deal, which Trade Minister Chrystia Freeland signed on Canada’s behalf on Thursday in Auckland, New Zealand, is expected to see tariffs on Canadian products in […] Read more


Canada to sign TPP, but undecided on ratification

Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years […] Read more


New Zealand to host TPP signing Feb. 4

New Zealand plans to host the signing of the Trans-Pacific Partnership trade pact by its 12 member nations on Feb. 4. The country’s trade minister, Todd McClay, confirmed in a statement Thursday that New Zealand has issued invitations to TPP ministers to sign the agreement in Auckland, marking the end of negotiations. Signing the deal […] Read more


Que. banks, funds boost stake in Agropur

Agropur is getting a second nine-figure cash injection from a group of Quebec institutional investors and banks, further backing the major Quebec dairy farmer co-operative’s expansion plans against an uncertain domestic market. The investor group, led by Caisse de depot et placement du Quebec (CDPQ), said Thursday it will put up $300 million, on top […] Read more

TPP ratification is crucial for Canada’s beef industry

TPP ratification is crucial for Canada’s beef industry

Prime Cuts with Steve Kay, from the November 2015 issue of Canadian Cattlemen

Beef exports are the lifeblood of the North American beef industry, especially for Canada. The majority of its exports goes south to U.S. customers but it also depends on key Asian markets. So too does the U.S. It exports only 10 per cent of its annual production of muscle cuts but this is vital in […] Read more


Japan, White House rule out re-opening TPP pact

Reuters — Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the whole pact. “Renegotiation is not an option,” Caroline Atkinson, Obama’s deputy national security adviser for international economics, said on a call hosted by the Atlantic […] Read more