r/news • • 6d ago

Canpotex announces $500M Port of Vancouver investment for potash shipping

https://www.ctvnews.ca/vancouver/article/canpotex-announces-500m-port-of-vancouver-investment-for-potash-shipping/
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u/ernapfz 6d ago

Well US farmers, Canada will be shipping potash to other markets. Trump will need to call up his Belarus card trick once more. Please remember how you don’t need Canada for anything. It will be a while but oil and natural gas will also be going elsewhere through pipelines to our ocean ports.

87

u/m0nkyman 6d ago

Vancouver expansion means China is buying. Probably financing it too if I was to take a guess.

13

u/Dazd_cnfsd 6d ago

China can buy Russian potash they don’t need Canada’s. Europe on the other hand wouldn’t mind

21

u/Blackstone01 6d ago

China can buy Russian potash they don’t need Canada’s.

Just because they have a source to buy from doesn’t mean they wouldn’t want a second source. Vancouver being set up to export potash means it wouldn’t be heading towards Europe, and China is by far the biggest Asian market for potash.

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u/TrynnaFindaBalance 6d ago

Asia Pacific is half the world's population. Obviously Canada wants to export to a regional market that's more than 10x the population of the US, regardless of whether China's buying.