The federal government’s latest budget puts up Canada’s agrifood sector as one of six “key areas” to benefit from a new national “Innovation and Skills Plan.” Federal Finance Minister Bill Morneau on Wednesday unveiled a budget projecting $330.2 billion in expenses in 2017-18 against budgetary revenues of $304.7 billion, for a $28.5 billion deficit. The […] Read more
Tag Archives agrifood — page 2
Agrifood a pillar in federal budget’s ‘innovation’ plan
Newfoundland shifts Lands Branch to new department
The government branch overseeing Crown land in Newfoundland and Labrador will join the provincial ministry handling the agrifoods file, as the province moves to cut public sector costs. Premier Dwight Ball on Wednesday announced what he billed as the “Flatter, Leaner Management Structure” for the provincial government, a reorganization which will see 287 management positions […] Read more
Newfoundland expands Crown land base for farming
CORRECTED, Feb. 28, 2017 — The Newfoundland and Labrador government plans to boost the amount of land available to the province’s farmers by allocating more Crown land for development. The province’s Department of Fisheries, Forestry and Agrifoods announced Thursday it has now identified 62 “agriculture areas of interest” to date, totalling about 158,150 acres. The […] Read more
Cargill’s Q2 profit drops amid commodities slump
Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this year, is in the midst […] Read more
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