(Dave Bedard photo)

Tim Hortons to enter China

Reading Time: 3 minutes Reuters — Canadian coffee-and-donut chain Tim Hortons will open 1,500 outlets in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy, the chain’s parent Restaurant Brands International said on Wednesday. Restaurant Brands shares rose almost three per cent after the company announced the Tim Hortons move into China […] Read more

(Video screengrab from BankofCanada.ca)

Consider hedging against rate hikes, farmers advised

Reading Time: 2 minutes CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans […] Read more


(GeneralMills.com)

J.M. Smucker to sell U.S. baking brands

Reading Time: < 1 minute Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. “The […] Read more

Leah Olson, president, Agricultural Manufacturers of Canada (AMC).

Interview: A taxing time for manufacturers

Ag manufacturers see uncertainty and higher production costs from steel tariffs

Reading Time: 6 minutes The opening salvos in a trade war initiated by the current U.S. administration are already having an impact on all the manufacturing sectors in Canada, the U.S and around the world, most of it negative. For example, it’s been announced that Harley Davidson, that icon of U.S. brands, feels it’s necessary to move some of […] Read more


(Zorandimzr/iStock/Getty Images)

Ag balance sheet points to stable farm economy

Reading Time: 3 minutes CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more

(CBSA-asfc.gc.ca)

Trump says ‘getting there’ in NAFTA talks

Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more


U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)

Trump’s tariff war threatens to erode support of farmers

Reading Time: 2 minutes Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more

(Video screengrab from Saputo.com)

Saputo urges end to contentious Class 7 system

Reading Time: 2 minutes Winnipeg | Reuters –– Saputo, one of Canada’s largest dairies, supports ending a domestic milk ingredient pricing system that has angered the United States, CEO Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country’s dairy farmers. The Class 7 pricing agreement, struck in 2016 between Canadian dairy […] Read more


U.S. Secretary of Agriculture Sonny Perdue and Canadian Agriculture Minister Lawrence MacAulay at Savannah, Georgia in June 2017. (Georgia Ports Authority photo by Stephen B. Morton)

As U.S., Canada spar, farm hopes ride on two men in lobster boat

Reading Time: 2 minutes Reuters — While Justin Trudeau vowed last week not to be pushed around and U.S. President Donald Trump called the Canadian prime minister “weak,” two key officials in their governments with a seemingly harmonious relationship were making fishing plans. On Friday, U.S. Agriculture Secretary Sonny Perdue visited the farm of Canadian Agriculture Minister Lawrence MacAulay […] Read more

Italian sausages, cheeses and other traditional foods for sale in Milan’s Piazza del Duomo in December 2016. (Florin1961/iStock/Getty Images)

Italy won’t ratify EU trade deal with Canada, farm minister says

Reading Time: 3 minutes Milan | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, its new agriculture minister said on Thursday, ratcheting up an international trade spat and potentially scuppering the EU’s biggest accord in years. The Comprehensive Economic and Trade Agreement (CETA) is the first major trade deal the European Union has […] Read more