Global food processing giant Nestle plans to shut a southeastern Ontario plant and move its work to sites in the U.S., citing a “highly competitive” market. The company announced Thursday it will start to wind down work late this year at the Nestle Professional plant at Trenton, where dehydrated dry-blend and frozen products are made […] Read more
Tag Archives Other — page 40
Nestle to shut Ontario foodservice processing plant
Trenton facility to close in mid-2022
Market access a priority in Indonesia negotiations
First round of negotiations expected later this year
Canada’s consultations on a potential free trade deal with Indonesia demonstrate a strong appetite for negotiations to continue. The two nations are expected to launch formal talks this year. Why it matters: Canadian agricultural exporters hope a trade pact with Indonesia will stabilize and strengthen their market access to the Asia-Pacific region. Already 78 per […] Read more
Lytton bridge re-opened but grain movement ‘hit and miss’
B.C. wildfires continue to disrupt Prairie grain movement
Canadian National Railway’s fire-damaged bridge at Lytton, B.C. reopened for traffic Tuesday — but all train movement, including for grain, through British Columbia’s wildfire-ravaged southern Interior, is “hit and miss” and will remain so until the fire risk lessens. “Both (CN and Canadian Pacific Railway) are having troubles because there are so many fires in […] Read more
What’s driving equipment and land costs?
Low interest rates and good commodity prices, while significant, are not the whole story
Low interest rates and good commodity prices are often tied to increases in land and equipment values. While significant, however, they are not the only factors at play. Systems providing financial securities to different parts of the agriculture sector can have similar impacts on high crop prices. Asset interest from outside the industry, consumer whims, […] Read more
U.S. Senate Democrats roll out draft bill to legalize weed
Reuters — Three top U.S. Democratic senators on Wednesday unveiled a discussion draft of a bill that aims to legalize cannabis, a move that would allow adult Americans to buy and possess up to 10 ounces of marijuana without facing criminal penalties. The Cannabis Administration and Opportunity Act floated by Senate majority leader Chuck Schumer, […] Read more
Five outstanding leaders named to Canadian Agricultural Hall of Fame for 2021
Five innovative agricultural ambassadors have been selected as the 2021 inductees into the Canadian Agricultural Hall of Fame – Gordon Bacon, Dr. Don Buckingham, Stan Eby, Johanne Ross and Dr. Phil Williams. “This year’s inductees have all had a major impact on Canadian agriculture – elevating the profile of Canada’s pulse sector, leading Canada’s beef […] Read more
New rule on farm transfer tax treatment put off to 2022
Farm groups protest delay
Rule changes passed in a federal bill to standardize tax treatment for sales of family-owned farms and small businesses will be delayed to the start of 2022, to the dismay of several farm groups. Bill C-208, a private member’s bill spearheaded by western Manitoba Conservative MP Larry Maguire with amendments to the federal Income Tax […] Read more
Ag industry praises Lisa Thompson’s appointment as OMAFRA minister
Industry leaders acknowledge positive contribution made by Hardeman
A provincial cabinet shuffle has planted MPP Lisa Thompson in familiar soil. Premier Doug Ford’s recent eight-person cabinet shuffle saw the Huron-Bruce representative replace Ernie Hardeman as Ontario’s Minister of Agriculture, Food and Rural Affairs (OMAFRA). “I am humbled to be given this new post and I pledge to Ontario’s agri-food sector and rural communities […] Read more
Opinion: Focus on social issues slows trade deals
Canadian producers who eagerly await a trade pact with major Asian markets will have to exercise patience and should be prepared for some nauseating moral posturing by politicians. Bilateral talks with Indonesia are expected to formally open this year, setting the stage for broader negotiations involving the Association of Southeast Asian Nations (ASEAN), a block […] Read more
CN, CP trains ordered to slow down against fire risk
Ministerial order in effect until Oct. 31
A new federal ministerial order calls for Canada’s big two railways to significantly cut their train speeds in any areas deemed to be at an “extreme” fire risk. “With extreme weather events occurring more severely and frequently in Canada due to climate change, it is important to have an adaptive regulatory system that responds to […] Read more
Cyber-Savvy Farmer
