In a move expected to provide $95 million in additional farm support per year, Canada’s ag ministers have agreed to remove the reference margin limit from the AgriStability farm income stabilization program. “That’s it! The ‘reference margin limit’ of the #AgriStability program is over! And it will be retroactive to 2020!” federal Agriculture Minister Marie-Claude […] Read more
Tag Archives canada — page 31
Ag ministers withdraw AgriStability reference margin limit
Program's compensation rate unchanged but 'remains on table'
Burger King rolls out plant-based Impossible Burger in Canada
Nationwide launch of soy- and potato-based burger set for mid-April
The Canadian arm of quick-service chain Burger King has made its move into the Canadian plant-based burger market, working with U.S. processor Impossible Foods. Burger King, a U.S.-headquartered brand of Toronto-based Restaurant Brands International (RBI) since 2014, said Monday it becomes “the first quick-service restaurant in Canada to put the award-winning, plant-based Impossible Foods patty […] Read more
New U.S. trade chief Tai focused on CUSMA, China ties in calls
New trade deals on hold for now, White House says
Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to […] Read more
Canadian Pacific to buy Kansas City Southern in bet on trade
Biggest North American rail deal ever valued at US$25 billion
Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American railways by transaction value. It […] Read more
Beef trade gap seen growing as U.K. pact clears Parliament
Interim post-Brexit trade deal gets royal assent
Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more
New quarantine rules lined up for temporary foreign workers
Private transport would allow workers to skip immediate hotel stay
Temporary foreign workers coming to Canada for work in the farming or food processing sectors might not have to immediately check into government-approved hotels for COVID-19 quarantines along with other arriving travellers. The federal government on Tuesday announced new rules for TFWs taking effect starting Sunday (March 21). Like other arrivals, TFWs will still be […] Read more
Brazil’s BRF gets nod to export wings to Canada
Sao Paulo | Reuters — Brazilian food processor BRF said on Tuesday Canada has authorized chicken wing exports from two of its plants located in top farm state Mato Grosso. BRF has been seeking to sell more products to Canada to strengthen its position in developed markets and also shore up competition against domestic rivals […] Read more
Farmland appreciation continues through pandemic year
FCC report puts Canada's average land value increase at 5.4 per cent
Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more
Canada clears step toward ‘negligible risk’ BSE status
OIE delegates to vote in late May, CFIA says
The international committee that reviews countries’ requests for animal health status on specific diseases has called for Canada to level up on its status for BSE. The Scientific Commission of the OIE (World Organization for Animal Health), which last met virtually over Feb. 1-12, has recommended to OIE delegates that Canada’s application seeking “negligible risk” […] Read more
Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease
Country's domestic acreage expected up in 2021
MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more
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