Mississauga, Ontario (Rural Roots Canada) – Prime Minister Mark Carney has announced a series of new, strategic measures to help sectors most impacted by tariff and trade disruptions, including Canada’s canola sector.

Canola growers can expect expanded financial support with plans to temporarily increase the Advance Payments Program interest-free limit to $500,000 for canola advances. The government says this temporary expansion will give producers greater flexibility to manage risk and cash flow.

Another $370 million has been earmarked for biofuel production incentives over the next two years,  designed to keep Canadian biodiesel and renewable diesel producers competitive as U.S. subsidies reshape the market.

Ottawa is also investing $75 million in the AgriMarketing Program to help the ag sector break into new, high-growth export markets across Africa, the Middle East and the Indo-Pacific.

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Canada’s canola industry has been struggling under tariffs imposed by China, including an almost 76% duty on canola seed, on top of 100% tariffs on canola oil and meal

“We cannot control what other nations do,” said Carney.” We can control what we give ourselves – what we build for ourselves. Canada is building the strongest economy in the G7, one that is less reliant on foreign powers and more resilient in the face of global shocks. In the face of uncertainty around the world, we are ensuring that our workers and businesses will prosper by building Canada’s strength at home.”

“Canadian farmers work tirelessly to produce the best products in the world,” said Heath MacDonald, Minister of Agriculture and Agri-food, in a statement. “We will continue to push for fair market access, boost our competitiveness, and help producers manage the impacts of a changing global trade environment.”

These supports for the canola sector are part of a wider strategy which the government says is aimed at protecting, building, and transforming Canada’s strategic industries. Alongside investments in steel, lumber, and other sectors, Ottawa is positioning these measures as the most comprehensive suite of trade resiliency tools in the country’s history, designed to make Canadian workers and businesses less dependent on a single trading partner and more adaptable to global upheaval.