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$12B in food and drink exports could be shifted away from U.S.: Farm Credit Canada
Farm Credit Canada aims to reduce U.S. market dependence by half through diversifying exports worth $12 billion, focusing on European and Asian markets and boosting domestic demand.
- On September 22, 2025, Farm Credit Canada released a report presenting a plan to redirect $12 billion worth of food and drink shipments away from reliance on the U.S. market toward alternative international destinations.
- The strategy responds to growing trade uncertainty and U.S. tariffs, urging Canada's food sector to reduce its U.S. market dependence to half of 2023 levels by leveraging trade agreements and partnerships.
- The report highlights prepared foods, worth $8.6 billion in 2023 with 90 percent exported to the U.S., as a key opportunity for diversification toward Europe, Asia, and Latin America.
- FCC President Justine Hendricks emphasized that diversifying $12 billion worth of food and beverage exports away from the U.S. will enhance the sector’s resilience and stability, with targeted growth opportunities in markets such as China and the United Kingdom.
- The proposed diversification could benefit Canadian producers, boost domestic demand through the Buy Canadian movement, and expand global market reach, enhancing agriculture's competitiveness and resilience.
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Farm Credit Canada (FCC) identifies $12 billion in food and beverage exports that could be diverted from the U.S. market, as cross-border trade is subject to ongoing tensions.
·Montreal, Canada
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Winnipeg Free Press+9 Reposted by 9 other sources
$12B in food and drink exports could be shifted away from U.S.: Farm Credit Canada
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Farm Credit Canada Report Suggests Strategies To Diversify Cdn. Food Exports - Canadian Manufacturing
REGINA — Canada has an opportunity to diversify $12 billion of food and beverage exports to non-U.S. markets to protect against trade disruption, enhance global competitiveness and build a more resilient agriculture and food system, according to Farm Credit Canada (FCC)’s new report, titled ‘The $12-billion trade shift: Canada’s opportunity to diversify food exports beyond the U.S.‘ According to FCC, Canada’s food and beverage sector is heavily …
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Total News Sources14
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
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