Canada Seeks Deforestation Law Carveouts As It Deepens Ties With EU

As the EU and Canada explore ways to deepen their relationship, the Canadian government seeks to revisit how the EU Deforestation Regulation (EUDR) applies to Canadian businesses. Canada's ambassador is arguing for a "carveout that said you don't have to put in place all of these burdensome requirements" for low-risk countries. Canada's forestry industry warned that producers could incur tens of millions of dollars in unnecessary costs due to the requirement for plot-by-plot tracing.

Read More: EUDR Plot-by-Plot Tracing Sparks Cost Blowout Fears Beyond Europe → | Canada Seeks Deforestation Law Carveouts as EU Ties Deepen →