Canadian companies struggle to plan for post-NAFTA world

Reading Time: 2 minutes Toronto | Reuters — Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said. With three quarters of Canadian exports landing in the U.S., the […] Read more

Toronto exchange may delist marijuana firms with U.S. operations

Reading Time: 2 minutes Toronto | Reuters — Canada’s TMX Group, operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the U.S., where their operations are illegal under federal law. TMX disclosed its plans as Canadian securities regulators said companies must disclose any connection to the U.S. marijuana […] Read more

Carbon price worries farmers, fertilizer makers

Reading Time: 2 minutes Winnipeg/Toronto | Reuters — Canada’s plan to price carbon emissions may weaken the farm sector in one of the biggest grain-shipping countries, raising farmers’ costs and discouraging investment in fertilizer production, industry groups say. Ottawa this month promised a price on carbon emissions by 2018, and will let provinces choose a tax or cap-and-trade system. […] Read more

Canada unveils carbon price, energy-producing provinces unhappy

Reading Time: 2 minutes Reuters — Canada’s federal government on Monday vowed to bring in a minimum price on carbon emissions by 2018, prompting one energy-producing province to threaten legal action and another to demand approval of an oil pipeline in return. Liberal Prime Minister Justin Trudeau, who took power last November promising to do more to protect the […] Read more

TMX turning to cattle sales

Reading Time: 2 minutes Reuters — TMX Group, operator of Canada’s TSX stock exchange, hopes to rope a piece of the $90 billion North America cattle sector, and said Tuesday it would offer the continent’s first online sales platform of its kind. The expansion into a new business comes weeks after the TMX completed a six-month operations review, which […] Read more