Andrew McClelland
The Advocate

Federal Agriculture Minister Lawrence MacAulay wrapped up 2023 with an ambitious trade mission to Vietnam, Japan and South Korea — countries that many agricultural economics experts predict will make up the world’s fastest-growing export market in the coming decades.

MacAulay, a veteran Liberal cabinet minister who also served as agriculture minister from 2015 to 2019, travelled to the Indo-Pacific region in November to meet with key industry groups, facilitate new business opportunities for Canadian exporters, and promote Canada’s agri-food products.

“We want their business, MacAulay said, who serves as MP for the riding of Cardigan on Prince Edward Island. “We want to provide more and we want to produce more. That’s simply where we are.”

Currently, Canada exports nearly half of its agriculture production to the region.  In 2022 alone, Canada’s agriculture and agri-food exports to the Indo-Pacific totalled $21.8 billion.

But Ottawa sees even more opportunity for growth when looking at the surging population of these overseas markets. It is estimated that by 2030, the Indo-Pacific is likely to make up two-thirds of the world’s middle class — and over half of global GDP by 2040.

“It’s very, very interesting to look at Vietnam and its population, as well as Korea,” MacAulay said. “These are markets that are certainly available to us. And as the population and demand expands, that means the requirement will be bigger, so we want to be there.”

The federal ag minister’s trip was highlighted with key business meetings with government officials in each country.

While in Tokyo, MacAulay joined the Team Canada Trade Mission led by Mary Ng, Canada’s minister of Export Promotion, International Trade and Economic Development. The mission included 160 organizations from Canada, with 17 of them coming in the agricultural sector. 

In Seoul, MacAulay announced more than $23 million in funding for Canada’s agricultural industry stakeholders under the AgriMarketing Program. That program is designed to help major food producers and exporters build ties overseas and diversify the range of Canadian products available around the globe.

“When I first became minister of Agriculture and Agri-Food in 2015, our agricultural exports were $56 billion,” MacAulay said. “As I return to the portfolio, we’ve increased that number to over $92 billion. My goal is to continue to grow our exports. And that starts with opening markets and creating opportunities for our hardworking Canadian farmers.”

Ottawa is also attempting to bolster the presence of Canadian agriculture overseas by opening the first-ever Indo-Pacific Agriculture and Agri-Food Office, planned for Manila, Philippines. No date has been set for the office’s opening, but the federal government has pledged $31.8 million to its development and construction.

MacAulay’s trip is part of Canada’s Indo-Pacific Strategy, unveiled by the Liberal government in November 2022. The strategy’s main priorities include expanding trade and strengthening and diversifying Canada’s economic partnerships through investment and supply-chain resilience.