Canola matters! Watching CPAC the other day I was taken aback to read the caption that 250,000 Canadians, including 43,000 farmers, make their incomes from the sale of canola. (See https://www.canolacouncil.org/markets-stats/industry-overview/ for more.) 40% of Canada's canola is sold to China. China is currently blocking all imports of Canadian canola on the grounds that it contains contaminants. (Remember when George W. Bush blocked the importation of Canadian beef for two years? I actually know some Canadian beef producers who went bankrupt as a result.) An exercise in futility In Canada the common presumption is that the Chinese blockade is retaliation for the fact that we continue to hold Sabrina Meng Wanzhou, the Huawei CFO, under house arrest pending extradition. This Chinese retaliation is outrageous, unfair, unjust; therefore, it's time for all of us Canadians to get together and scream and howl and whine and throw tantrums at one another. Feel better?
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