Beef producers will get millions of dollars to help them grow sales in international markets. (Jeff McIntosh/The Canadian Press)

Beef producers get government help following China ban

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The Canadian government will give $8.3 million to help the beef industry develop international markets. This comes after China banned Canadian meat products in what is considered to be retaliation for Canada’s arrest of Huawei executive Meng Wanzhou upon the request of the United States. Meng is out on bail in Vancouver pending a court hearing on her extradition to the U.S. to face fraud charges.

China has also banned imports of Canadian canola and is detaining two Canadians in harsh conditions on charges of spying.

Canada’s beef industry contributes $33 billion worth of sales of goods and services either directly or indirectly to the economy, says government. (Ryan Remiorz/The Canadian Press)

China was Canada’s fifth-largest beef customer

In the first four months of 2019, Canada exported 7.66 million kg of beef worth $63.6 million to China, according to government statistics. China ranks fifth in customers for Canadian beef behind the U.S., Japan, Hong Kong and Mexico. China accounted for about six per cent of all Canadian meat exports.

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One comment on “Beef producers get government help following China ban
  1. Avatar James says:

    I have to wonder if there will be anything to help our hog farmers. Seems they are the ones getting forgot about in the media again. Why has our government not just put an outright ban on the the drug that was found in the meat shipment. If it isn’t sold or used in Canada then it will be hard to have this problem continue. This is just one more example of how useless our government can be. Throw money at a problem after it happens instead of implementing a solution to the problem. Kind of like closing the gate after the horses have left the barn