Carney meets with Xi Jinping, while canola producers and automakers hold their breath

BEIJING — Prime Minister Mark Carney told Chinese President Xi Jinping he believes Canada and China can make “immediate” trade progress in agriculture, energy, and finance, as Xi said he was “heartened” by the “turnaround” in relations between both countries.

Carney’s comments at the opening of a much-anticipated meeting between both leaders signal a potential breakthrough in tariff relief for Canadian canola. Last year, China stuck 76 per cent to 100 per cent border levies on the major Canadian agricultural product...