Alberta gives oil and gas drillers municipal tax break

Reading Time: < 1 minute Reuters — Struggling oil and gas companies in Alberta will get a three-year break on municipal property taxes for land where they are drilling wells or building pipelines, the provincial government said on Monday. The Alberta government said it would also lower property tax assessments on less-productive wells and eliminate a provincial tax on drills. […] Read more

Meat leads Canadian industrial producer prices higher in May

Reading Time: 2 minutes Ottawa | Reuters — Canadian industrial producer prices rose 1.2 per cent in May on higher prices for meat, fish and dairy products, Statistics Canada said on Monday, as supply chain disruptions caused by the coronavirus pandemic and increased demand boosted meat prices. The gain in producer prices followed four months of consecutive decreases and […] Read more

U.S. livestock: Futures surge as investors snap up discounts

June live cattle limit up off Monday's limit-down drop

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day limits, as the sector overall […] Read more

Alberta farmers warned against oil well tampering

Advocate warns off 'reckless advice'

Reading Time: 2 minutes Alberta’s Farmers’ Advocate Office (FAO) is warning any farmers and ranchers in dispute with resource companies over compensation for well sites not to go in and tamper with the taps. The FAO last week issued a statement reminding the public that “interfering with any oil and gas infrastructure or that of an electrical distribution utility […] Read more

Maple Leaf lands ‘sustainability-linked’ credit

Reading Time: 2 minutes Canadian food processor Maple Leaf Foods is taking its recently-established sustainability cred to the bank. The Toronto food firm announced Wednesday it’s the first Canadian company to secure “sustainability-linked terms” for its credit facilities. Specifically, the company has picked up an unsecured committed revolving line of credit and two unsecured committed term facilities for a […] Read more


Canadian merchandise exports reach all-time high

Reading Time: < 1 minute CNS Canada – Exports of Canadian merchandise reached an all-time high of C$50.699 billion in June of this year with exports of farm, fishing and intermediate food products making up $C2.981 billion of that. Statistics Canada reported on Aug. 7 that farm, fishing and intermediate food product exports rose 7.6 per cent year over year, […] Read more

Canada invests in Canadian biomass and composites industries

Reading Time: < 1 minute Federal and provincial governments are investing up to $2.9 million to the Composites Innovation Centre Manitoba for two initiatives. The funds will go towards the development of quality standards and measurement techniques for Canadian biomass, and research into overcoming technology barriers to the adoption of natural fibres in the composites industry, a news release says. […] Read more