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Monday, August 11, 2014

Pork bellies anyone?


The "cut our nose to spite our face" tales continue.

After chicken, my favorite meat is pork.  Perhaps now I will  be able to buy some of those choice cuts at a much reduced price to suit my budget. And, shrimp! Glorious shrimp!  Clearwater Seafoods might decide to feed us Canadians more shrimp at reasonable prices now that  Russia does not want it anymore. Sanctions can have their benefits, eh? 
Stephen Harper's delusional bizzaro world initiatives is the undoing of Canadian agricultural business for the next one year and who knows maybe even longer. Not only that, and not related to the sanctions, the US Congress wants Canada thrown out of the Trans-Pacific partnership. Only Canadians who are as delusional as the ex-hero Harper still continue to believe he can do no wrong.  His Evangelical belief has turned him into an ineffectual leader for Canada.

Dana Flavelle writing at TorontoStar:
Russia’s ban on imported food will hit Canada’s pork industry hard, closing a market worth more than $500 million to farmers and processors this year, and potentially stranding hundreds of containers of meat already on the high seas.
Industry members said they would work with Canadian officials to find alternate markets for their products, while also condemning Russia’s response to sanctions over the conflict in Ukraine.
“Canadian pork producers understand this is not simply a trade dispute and are disappointed by the Russian action,” the Canadian Pork Council said in a statement. “This is an unwelcome market disruption in one of our more than 100 country markets around the world.”
Russia announced the restrictions Thursday on foods imported from the U.S., Europe, Canada and other countries that have imposed sanctions against it, and also threatened to target the automotive, shipping and aerospace industries in the future.
Canada exported $1.7 billion worth of goods to Russia in 2012, led by food, including pork and crustaceans, according to a government of Canada report.......

From Globe&Mail:
....Canadian businesses are bracing for a possible next wave of Russian sanctions after Moscow banned imports of key food products in an escalating economic war over the conflict in Ukraine.....

.....Clearwater Seafoods LP of Bedford, N.S., a leading shrimp exporter to Russia, said it could lose an export market that was worth nearly $16-million in 2013, representing about 3 per cent of its global business. ....

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