COPA is a federally incorporated non-profit industry association that works in partnership with the Canola Council of Canada (CCC) to represent the interests of oilseed processors in Canada.
The purposes of the corporation are:
- To act as an industry association to the Canadian oilseed processing industry.
- To promote the processing of oilseeds in Canada.
- To provide a forum for the discussion of matters pertaining to the Canadian oilseed processing industry.
- To act on behalf of its members by making representations to governmental or other authorities on all matters pertaining to the Canadian oilseed processing industry.
Canadian Oilseed Processing Industry
- There are 14 crush facilities owned by 6 companies; the 11 plants in the west crush canola and the 3 in the east crush canola and soybeans
- The Canadian crushing and refining industry contributes around $1.3 billion in annual economic impacts to the domestic economy
- Over the past 6 years, more than $1 billion have been invested in plant construction and crush capacity has more than doubled, reaching 10.7 million tonnes for canola and 3.2 million for soybeans
- Over the 10-year period 2006/07 to 2015/16, canola crushings increased 132% (from 3.6 to 8.3 million tonnes) and soybean crushings increased 27% (from 1.5 to 1.9 million tonnes)
- Over the same 10-year period, exports of canola oil increased 115% (from 1.3 million tonnes worth $1.1 billion to 2.8 million tonnes worth $2.9 billion) and canola meal exports increased 170% (from 1.5 million tonnes worth $0.2 billion to 4.0 million tonnes worth $1.4 billion)
2015/16:
- 45% of the canola crop and 30% of the soybean crop were processed domestically
- 3.6 million tonnes of canola oil and 0.4 million tonnes of soybean oil were produced; these oils are used for cooking oils, shortenings and salad oils
- 4.7 million tonnes of canola meal and 1.5 million tonnes of soybean meal were produced; these meals are used in animal feeds
- Canola oil – domestic use 0.9 million tonnes; exports 2.8 million tonnes valued at $2.9 billion; major importers USA 42%, China 20% and South Korea 4%
- Soy oil – domestic use 0.2 million tonnes; exports 0.2 million tonnes valued at $0.2 billion; major importer USA 83%, Tunisia 8% and Algeria 8%
- Canola meal – domestic use 0.6 million tonnes; exports 4.0 million tonnes valued at $1.4 billion; major importers USA 89% and Thailand 3%
- Soy meal – domestic use 2.0 million tonnes; exports 0.2 million tonnes valued at $0.2 billion; major importers USA 84%, Ireland 9% and United Kingdom 8%
Member