- Written by Colin Powers
The World Trade Organization has once again ruled in Canada’s favour over US Country of Origin Labelling (COOL).
Yesterday, the World Trade Organization allowed Canada to impose one billion dollars in annual tariffs on US meat products in retaliation over the controversial Country of Origin Labelling legislation in the states. Back in May, the WTO ruled the legislation violated international trade commitments and put Canada at a disadvantage.
Doug Gillespie, President of the Saskatchewan Stock Growers Association, says this ruling was a long time coming.
“The system worked. It’s slow, but it seems to have worked so now it’s just onward and hopefully things go smooth.”
Gillespie adds he’s hopeful these tariffs will lead to a quick repeal of the COOL legislation, which has cost the livestock industry in Canada billions of dollars.
Gillespie says he’s hopeful this will lead to a quick end to the legislation.
“Well it seems to have got their attention. They are moving in that direction rapidly so hopefully it comes to an end quickly and the get the law repealed.”
COOL has cost the Canadian beef and pork industries billions of dollars since it was first introduced in 2009.
There are plans to have the tariffs in place before the new year.
Source: WTO Rules in Canada’s Favour Over U.S. Country of Origin Labelling – SwiftCurrentOnline.com