Latest Newsletter

A Metro grocery store at the Orangeville Mall in Orangeville, Ont. (Onereit.ca)
Markets

Metro to buy Jean Coutu to stave off looming risks

By
Toronto | Reuters — Metro Inc., Canada’s third-biggest food retailer, on Monday agreed to buy pharmacy chain Jean Coutu Group for $4.5 billion in cash and stock, paying what analysts said was a “steep” premium to protect against risks facing the retail sector. The deal comes at time when global retail giants like Amazon.com, Wal-Mart […] Read more
(JeanCoutu.com)
Markets

Metro in ‘advanced’ talks to buy Jean Coutu chain

By
One of Eastern Canada’s major players in the grocery sector is in “advanced discussions” to take up one of the region’s major drugstore chains. Montreal-based Metro Inc. announced Tuesday it’s in “exclusive” talks with the Jean Coutu Group on the possibilities of a cash-and-stock takeover valued in some reports at around $4.5 billion. A non-binding […] Read more
(Cia.gov)
Markets

China delays deadline for implementing food import rules

By
Beijing | Reuters — China plans to delay a deadline for implementing new food import regulations by two years until October 2019, a senior EU official said on Tuesday, following a lobbying effort by Europe and the U.S. amid concerns about disruption to trade. The extension comes just days before the new rules, which are […] Read more
James Allum, shown here at a winter carnival in Winnipeg’s Fort Garry district, is the new agriculture critic for Manitoba’s opposition NDP. (YourManitoba.ca)

Manitoba NDP names new ag critic

By
Manitoba’s former education minister has been pressed into service as the new agriculture critic for the provincial legislature’s official opposition. Wab Kinew, who was elected Saturday as the leader of the opposition New Democrats, on Thursday named James Allum, the MLA for the Winnipeg riding of Fort Garry-Riverview, as the critic for agriculture. Allum will […] Read more
(Staff photo)

Taking aim at food waste, companies plan simplified expiration labels

By
New York | Thomson Reuters Foundation — Some of the world’s largest consumer goods companies, including Kellogg and Wal-Mart, said on Wednesday they will simplify food expiration labels in an effort to eliminate confusion that contributes to food waste. Standardized labeling will use a single expiration date on perishable items and a single quality indicator […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
Markets

U.S. wants NAFTA five-year sunset provision

By
Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Thursday that the United States was seeking to add a five-year sunset provision to the North American Free Trade Agreement to provide a regular, “systematic re-examination” of the trade pact. Ross told a forum hosted by Politico that both he and U.S. Trade Representative Robert […] Read more
Bob Sandford of the United Nations University says agriculture productivity needs to be increased, but with limited impact on earth systems. (John Greig photo)
Crops

Canada’s soils still degrading, albeit more slowly

By
The rate of degradation of soils in Canada has slowed, but it still is happening at a significant rate and there is still a lot to learn. There are no soil-perfect systems yet for crop production, attendees at the Summit on Canadian Soil Health held recently in Guelph heard repeatedly. No-till farming has declined in […] Read more
(Country Guide file photo)
Crops, Markets

Farmers to deal with stronger loonie for rest of 2017

By
CNS Canada — Higher interest rates and a stronger Canadian dollar relative to U.S. currency is giving Canadian farmers a double whammy. According to Farm Credit Canada’s chief agricultural economist, it’s also a situation farmers will likely have to deal with for at least the remainder of the year. J.P. Gervais said he thinks farmers […] Read more
(CBSA-asfc.gc.ca)
Markets

NAFTA ministers claim progress in talks

By ,
Mexico City | Reuters — Trade Ministers from Canada, Mexico and the United States on Tuesday said they made progress in weekend talks to update the NAFTA trade pact, consolidating language for some proposals and reaffirming their commitment to complete negotiations toward the end of 2017. A trilateral statement issued by U.S. Trade Representative Robert […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast