Wednesday, March 11, 2026
    ADVT 
    National

    Carney pledges $370M in incentives for canola sector

    Darpan News Desk The Canadian Press, 05 Sep, 2025 11:03 AM
    • Carney pledges $370M in incentives for canola sector

    Prime Minister Mark Carney says the government is launching a new $370 million production incentive to help Canada’s canola producers.

    The government says its new biofuel production incentive is meant to address "immediate competitiveness challenges" as China imposes massive tariffs on Canadian canola seed.

    China hit Canadian canola with a 75.8 per cent tariff last month, a measure widely seen as a response to Canada’s 100 per cent tariff on Chinese electric vehicles.

    Carney also says the government will amend its Clean Fuel Regulations to support the biofuels industry.

    The government says it will also temporarily increase the amount producers can receive in interest-free advances, and boost funding to support diversification to new markets.

    The canola measures were announced alongside a suite of measures to support sectors most affected by U.S. tariffs.

    Picture Courtesy: THE CANADIAN PRESS/Jeff McIntosh

    Prev Next

    MORE National ARTICLES

    Bank of Canada holds key rate steady amid trade war, economic uncertainty

    Bank of Canada holds key rate steady amid trade war, economic uncertainty
    The Bank of Canada left its benchmark interest rateunchanged Wednesday as it waits to get a clearer picture ofhow global trade uncertainty is going to impact the Canadian economy.

    Bank of Canada holds key rate steady amid trade war, economic uncertainty

    Ontario to loosen internal trade, remove barriers on alcohol and labour mobility

    Ontario to loosen internal trade, remove barriers on alcohol and labour mobility
    Ontario has tabled legislation to make trade between provinces easier, as a way to shore up the economy against the effects of American tariffs.

    Ontario to loosen internal trade, remove barriers on alcohol and labour mobility

    Green Party co-leader says removal from leaders' debates is 'undemocratic'

    Green Party co-leader says removal from leaders' debates is 'undemocratic'
    The stage will look different than originally planned Wednesday night, when Canada's major party leaders square off in the first of two nationally televised debates.

    Green Party co-leader says removal from leaders' debates is 'undemocratic'

    Vancouver attacker accused of biting off security guard's finger tip: police

    Vancouver attacker accused of biting off security guard's finger tip: police
    Police in Vancouver say a man has been arrested and charged after he allegedly bit off the finger tip of a security guard during an attack downtown.

    Vancouver attacker accused of biting off security guard's finger tip: police

    Here's a list of March inflation rates for Canadian provinces

    Here's a list of March inflation rates for Canadian provinces
    Canada's annual inflation rate was 2.3 per cent in March, Statistics Canada says. Here's what happened in the provinces

    Here's a list of March inflation rates for Canadian provinces

    Here's a list of March inflation rates for selected Canadian cities

    Here's a list of March inflation rates for selected Canadian cities
    Canada's annual inflation rate was 2.3 per cent in March, Statistics Canada says. The agency also released rates formajor cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples

    Here's a list of March inflation rates for selected Canadian cities

    PrevNext