Media Release – STEP takes action to support Saskatchewan’s canola export sector
Regina, Saskatchewan — STEP takes action to support Saskatchewan’s canola export sector
The Saskatchewan Trade and Export Partnership (STEP) is joining the effort to ensure market access into China for Canadian canola products in light of the latest round of Chinese tariffs.
“Between the new 75% tariff on canola seed and the existing 100% tariff on oil and meal, the Chinese market is effectively closed for Saskatchewan canola products,” says incoming STEP CEO Chris Lane. “We are deeply concerned about the impact that could have on our members and the industry as a whole, not to mention producers who are starting harvest.”
Beyond direct exporters, supporting industries such as transportation, logistics, agri-technology, and value-added services are feeling the ripple effects. These industries play an integral role in Saskatchewan’s economy, and many are now experiencing operational strain due to storage bottlenecks, contractual uncertainties, and reduced market confidence.
STEP is encouraged by the Government of Saskatchewan’s efforts and advocacy on this issue, including the recent meeting with the Government of Canada and Premier Moe’s plans to travel to China.
“Saskatchewan’s economy runs on exports,” says Lane. “The work to keep global markets open and diversified for our products requires constant effort at all levels; including government leadership, industry partners and of course our ongoing initiatives at STEP”.
As part of that effort, STEP is undertaking two major projects in the coming months:
- Asia Trade Conference: Running the first week in September, STEP will host dozens of buyers and industry leaders from Asia, including China. Showcasing Saskatchewan companies and products, the Conference will ensure the importance of our industries to a critical market.
- China International Import Expo (CIIE): In November, STEP will attend the most important and influential import-focused event in China. In partnership with Saskatchewan’s International Trade Offices in the region, STEP’s high-level delegation will advocate for market access and promote Saskatchewan’s agri-food and agri-value advantages.
Between 2020 and 2024, Saskatchewan exported over $35.7 billion in canola products globally, including $16.3 billion in seed, $14.5 billion in oil, and $4.9 billion in meal.
STEP remains committed to supporting its members through advocacy, strategic guidance, and market development initiatives to ensure that Saskatchewan’s export economy remains resilient and globally competitive.
For more information, visit Canola Trade Watch on Sasktrade.com.
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For more information contact:
Saskatchewan Trade and Export Partnership (STEP)
Telephone: 306-787-9210
