Title: Implications of the U.S. Farm Act on Canadian Agriculture
Abstract: This paper addresses the implications of the U.S. Security and Rural Investment of 2002 or Farm Act for Canadian agriculture. The Act, which is expected to add at least US $45 billion in new price supports over its six-year timeframe, is expected to harm the position of less-subsidized and non-subsidized producers in Canada and other countries. Canadian farm products will be less competitive not only domestically, but also in the U.S. and in third-country markets. Canada will be most affected by subsidies for corn, soybeans, wheat, and pulse crops. New country-of-origin labeling rules under the are also expected to be disruptive to Canadian livestock exports. In addressing these issues the paper also explores potential Canadian responses - including filing WTO or NAFTA complaints - as well as the broader implications for U.S.-Canada trade and international cooperation.
Publication Year: 2002
Publication Date: 2002-01-01
Language: en
Type: article
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Cited By Count: 2
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