U.S. threatens to revoke Canada’s Preferred Status under PACA
U.S. threatens to revoke Canada’s Preferred Status under PACA
Tensions between Canada and the United States are growing over the issue of Canada’s lack of protection for American suppliers in the event of buyer insolvency.
Canadian companies exporting to the U.S. currently have the same rights as U.S. companies under the U.S. Perishable Agricultural Commodities Act Trust, but according to a Fresh Produce Alliance press release, if reciprocal measures are not soon introduced in Canada, that special status may be revoked.