The Barley Council of Canada

The Barley Council of Canada

October 17, 2013 13:40 ET

The Barley Council of Canada: CETA a 'Good Opportunity' for Canadian Barley

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2013) - The Barley Council of Canada (BCC) is in strong support of the Canada-European Union Comprehensive and Economic Trade Agreement (CETA) and trusts it will ensure long-term success for Canada's barley producers and industry stakeholders.

"CETA is the good opportunity that the Canadian barley value-chain has been waiting for," said Barley Council of Canada Chair Brian Otto. "There is more work to be done, but we are confident that if our federal and provincial governments finalize this agreement, sustainable growth and profitability will be achieved."

A joint study by the Canadian government and the European Union has estimated that Canada's processed food exports could grow by as much as $2 billion annually if Canada integrates itself into the European market.

"As farmers and industry members, our board realizes the importance of trade for generating economic growth," said BCC Vice-Chair and Cargill Director of Corporate Affairs Chantelle Donahue. "The BCC realizes this agreement offers potential to grow Canadian demand."

Currently, Canada is the world's fifth largest agri-food exporter in the world, generating more than $40 billion each year through its beef, malting barley, pork, wheat and canola supply.

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