Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)

U.S.-China deal should secure Canadians’ release, Trudeau says

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Thursday that the U.S. government should not finalize a trade deal with China unless the pact also secured the release of two Canadians detained by Beijing. The two men were picked up separately in December 2018, shortly after police in Vancouver held Huawei Technologies […] Read more

(Eyfoto/iStock/Getty Images)

U.S. House passes CUSMA

Washington | Reuters — The U.S. House of Representatives on Thursday backed a new trade agreement with neighbouring Mexico and Canada in a 385-41 bipartisan vote, sending the NAFTA replacement measure to the Senate for consideration early in 2020. Democrats, who control the House, approved the United States-Mexico-Canada Agreement (CUSMA) more than a year after […] Read more

File photo of Bloc Quebecois leader Yves-Francois Blanchet in Montreal on Oct. 22, 2019. (Photo: Reuters/Andrej Ivanov)

Opposition MPs could delay CUSMA deal’s ratification

Ottawa | Reuters — Canada’s two main opposition parties on Wednesday suggested they could move to delay ratification of a new continental trade pact, accusing the Liberal government of botching revisions to the treaty. Such a move would embarrass Prime Minister Justin Trudeau, who has vowed that Parliament will quickly approve the U.S.-Mexico-Canada Agreement (CUSMA). […] Read more

(Drumstick.com)

Nestle sells U.S. ice cream brands to Froneri

Zurich | Reuters — Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at US$4 billion, moving control of brands including Häagen-Dazs to a joint venture the Swiss group set up in 2016. Froneri was created after Nestle merged its European ice cream business in 20 countries […] Read more


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market under weight of imports

Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders […] Read more




(CanopyGrowth.com)

Constellation tightens grip on Canopy with CEO appointment

Reuters — Constellation Brands finance head David Klein will take over in January as CEO of pot producer Canopy Growth Corp., hardening up the Corona beer maker’s control of a company into which it has sunk US$4 billion. Klein was appointed Canopy chairman in October after Constellation booked a $430 million net loss related to […] Read more

(Photo courtesy Canada Beef Inc.)

Canadians to spend more on food in 2020, report predicts

MarketsFarm — Canadians will spend two to four per cent more on food in 2020, according to the latest Canada Food Price Report from researchers at Dalhousie University’s Agri-Food Analytics Lab and the University of Guelph. The average family in the country will see its total food bill for groceries and restaurant meals rise by […] Read more