CP, CN overshoot annual grain revenue caps

Both of Canada’s big two railways were found to have made more revenue from hauling Prairie grain in 2017-18 than their federally mandated limits allow. The Canadian Transportation Agency on Monday announced Canadian Pacific Railway and Canadian National Railway overtopped their maximum revenue entitlements (MREs) for the crop year by $1,500,513 and $1,047,285 respectively. CN’s […] Read more



Amazon reported planning to expand Whole Foods chain

Reuters — Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, the Wall Street Journal reported on Sunday, citing sources. Whole Foods employees have visited regions of western North America for potential retail spaces in parts of Idaho, southern Utah […] Read more




Viterra closes deal for Gardiner Dam Terminal

Central Saskatchewan’s Gardiner Dam Terminal is expected to go full Viterra within months, now that the Regina grain firm has completed its deal for full control of the facility. Shareholders in GDT voted Dec. 13 in favour of the deal announced last month in which Viterra buys the half of GDT it doesn’t already own […] Read more

Aphria says proposed hostile bid undervalues company

Reuters — Canadian cannabis producer Aphria said on Friday Green Growth Brands’ proposed $2.8 billion all-stock hostile bid “significantly” undervalued the company. Ohio-based cannabis retailer Green Growth, which merged with Xanthic Biopharma in November, said on Thursday it would offer 1.5714 shares for each Aphria share. The company said its valuation was based on a […] Read more