Canada has traditionally been a major exporter of both agricultural commodities, technology, equipment and food. Yet, in many ways, Canada’s position in global food exports indicates good potential for growth. In 2019, Canada ranked fifth among global commodity exporters and 11th in food.
As the world’s population expands and especially the portion of it that is “middle class” grows, demand for better quality and higher-priced food will climb, which in turn creates opportunities for Canada to increase exports both to meet this need directly and to meet the technology and equipment needs for others who will also be increasing production to meet increased demand The COVID-19 pandemic has affected the global food industry and highlighted the importance of a robust agrifood supply chain at home and abroad. Canada’s competitive advantage in agriculture and food production are very relevant with abundant natural resources, productivity, innovative entrepreneurs and a well-established food safety reputation.
The Canadian government’s 2017 objective for agricultural commodities and food exports is to reach C$75 billion by 2025. So far, export have increased from $61 billion in 2015 to $67 billion in 2019, with most of the export growth driven by exports to the US. The speaker will argue, that there’s great potential for growth in agrifood export to other countries beyond the US and particularly to China and South-East Asia.
Speakers: Carlo Dade and Sharon Sun
As Director of the Trade & Investment Centre, Carlo Dade develops and leads research to promote growth and profitability in western Canada’s export economy. Carlo has a long history in international public policy most recently as Senior Fellow in the University of Ottawa’s School of International Development and Senior Associate at the Center for Strategic and International Studies in Washington, D.C. He is also a member of the Mexican Council on Foreign Relations (COMEXI).
Carlo has been a leading voice in debates on recent Canadian free trade agreements and development of trade infrastructure. He is a leading global expert on pan-Pacific trade, including the Trans-Pacific Partnership and Pacific Alliance trade blocs
As the Trade Policy Economist at the Canada West Foundation, Sharon Zhengyang Sun specializes in international trade and trade infrastructure policy research. She has taken the lead on research projects including the impact of Made-in-China 2025 on Canadian trade and western Canadian export opportunities with Japan under the CPTPP. Other work include the impact of Regional Comprehensive Economic Partnership agreement on western Canada, addressing Chinese non-tariff barriers on Canadian agricultural exports among other trade agreement and trade related issues. She is a PhD candidate at Carleton University focused on Canada-China trade.
Date and time: Thursday, January 7, 2021 at 10am MST
YouTube Live link: https://youtu.be/cslpni-7GcU
SACPA thanks the Canada West Foundation and Choose Lethbridge for making this presentation possible.