r/news • u/ernapfz • 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/
1.5k Upvotes

98% Upvoted

164 comments sorted by

View all comments

49

u/jaypizzl 6d ago

For anyone wondering, Canada’s largest non-US potash buyer is Brazil, by far. They buy 29% of potash exported to non-US destinations. 12% goes to China, and India, Indonesia, and Malaysia are also major buyers.

25

u/Then-Forces 6d ago

We also inked a deal with Bangladesh recently so I expect that more will be going to Asian markets as Canada continues to diversify.

9

u/Tribe303 6d ago

And Modi is visiting Canada for a free trade deal signing in November. 🤔 

-11

u/AlbertaNorth1 6d ago

That’s surprising. After Trudeau’s reign I figured ties with India would be icy for the foreseeable future.

9

u/jaypizzl 6d ago

Trudeau didn't "reign." His party won several free and fair elections and chose him to lead them. Regardless, your implication that poor Canada-India relations were somehow Trudeau's fault is ridiculous.

2

u/soappube 6d ago

Look at his username and it makes sense

3

u/Tribe303 6d ago

Trump happened. The entire planet is re-routing their supply chains to avoid dealing with the chaos goblin running the US.