Andrew Scheer demands Canada pull funds from Chinese development bank in retaliation for canola ban

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Andrew Scheer demands Canada pull funds from Chinese development bank in retaliation for canola ban
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China suspended the license of two major Canadian exporters in March

Conservative Leader Andrew Scheer will call on Prime Minister Justin Trudeau today to respond to China’s ban on Canadian canola shipments by taking a number of steps, including pulling hundreds of millions of dollars Ottawa has committed to Beijing’s multilateral development bank.

Citing unproven concerns about pests, China has rejected Canadian canola seed shipments in recent months and has suspended the licences of two major Canadian exporters. Among the steps, Scheer will call on Trudeau to cut Canada’s funding to China’s Asian Infrastructure Investment Bank, to which the government has committed $256 million over five years.

China’s decision to cut off Canadian canola seed shipments is widely viewed as an attempt to apply economic pressure on Canada following the December arrest of senior Huawei executive Meng Wanzhou in Vancouver at the behest of the United States.

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