When will China lower tariffs on Canadian canola?

China is expected to lower tariffs on some Canadian canola products by March 1.

What are the concerns for B.C. canola farmers in 2026?

Farmers are concerned about high input costs, low crop prices, and ongoing tariffs from China.

Can B.C. process more canola locally?

Yes, there is interest in developing local canola crush plants and refining facilities in the region.

Home / Business and Economy / China Tariffs Easing: Canola Farmers Hopeful, Cautious

China Tariffs Easing: Canola Farmers Hopeful, Cautious

22 Jan

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Summary

China will lower tariffs on some Canadian canola products by March 1.
Canadian farmers still face a 15% tariff on canola seed from China.
Farmers worry about high input costs and low crop prices for 2026.

China Tariffs Easing: Canola Farmers Hopeful, Cautious

Canola farmers in northeast British Columbia are welcoming news of easing Chinese tariffs but remain wary of future market stability. A recent deal between Canada and China is expected to see reduced tariffs on certain Canadian canola products effective March 1, a move that could boost demand.

However, Les Willms, a canola grower, notes that "a deal doesn't mean a sale," emphasizing the ongoing uncertainty. While China's tariffs are lowering, Canadian farmers still contend with a significant 15% tariff on canola seed imports from China. This disparity is a point of concern for local producers.

The upcoming 2026 growing season presents a difficult landscape due to high input costs. Farmers are grappling with expensive fertilizer, seed, and other operational expenses, while commodity prices remain low. This financial pressure, combined with recent drought conditions impacting soil moisture, leaves many producers disheartened.