Murray Wood: Who's hot... and who's not
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China’s government says it will suspend some tariffs on Canadian agricultural goods following a recent visit by Prime Minister Mark Carney.
The country’s finance ministry says 100 per cent tariffs on canola meal and peas, and a 25 per cent levy on lobsters and crabs, will not be imposed.
Read more:
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- Federal government reports deficit of $26.1B for its April-to-December period
- Canadian economy contracted 0.6% in Q4 to cap volatile 2025: StatCan
A statement says the announcement, which made no mention of canola seed tariffs, will take effect March 1 and continue through to the end of 2026.
The announcement comes after Carney met earlier this year with Chinese President Xi Jinping in a visit that saw the leaders ink a deal on electric vehicles and canola. Saskatchewan Premier Scott Moe accompanied the prime minister’s delegation on trip.
The pair agreed Canada would import up to 49,000 Chinese electric vehicles each year at a tariff rate of 6.1 per cent in exchange for lower duties on canola seed.
Carney’s office did not immediately respond to a request for comment.
This report by The Canadian Press was first published Feb. 27, 2026.
