Daily Network News

More News →

Eggs

(Country Guide file photo)
General, Machinery, Markets

Canada’s realized net farm income way down in 2018

By
Reading Time: 3 minutes Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more
(GFM photo)
Crops

Federal ‘Product of Canada’ food guidelines under review

By
Reading Time: 2 minutes Food processors wanting to make “Product of Canada” or “Made in Canada” label claims for their wares might not have to be as strict on their use of Canadian ingredients, under proposed changes to labelling guidelines. The Canadian Food Inspection Agency on Monday announced public consultations and a public comment period, to run until June […] Read more
Foreign Minister Chrystia Freeland speaks with Prime Minister Justin Trudeau after her arrival at the Stelco steel plant in Hamilton on May 17, 2019, following news that the U.S. agreed to lift tariffs on Canadian steel and aluminum. (PMO photo by Adam Scotti)
General, Machinery, Markets, Reuters

Canada takes first step on ratifying USMCA trade deal

By ,
Reading Time: 2 minutes Ottawa | Reuters — Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice-President Mike Pence’s trip to Ottawa to discuss the passage of the treaty. Foreign Minister Chrystia Freeland presented what’s known as a ways and means motion to the House of […] Read more
Prime Minister Justin Trudeau meets with steel workers at Stelco in Hamilton on March 13, 2018. (File photo: Reuters/Mark Blinch)
General, Machinery, Markets, Reuters

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

By ,
Reading Time: 3 minutes Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more
A customer dines at a Burger King outlet in Shanghai on June 27, 2005. (File photo: Reuters/Ming Ming)
Livestock, Markets, Reuters

Restaurant Brands to boost outlets by 54 per cent within 10 years

By
Reading Time: 2 minutes Reuters — Restaurant Brands International said on Wednesday it plans to expand all three of its brands to more than 40,000 restaurants globally, a 54 per cent jump, over the next decade. Big fast food chains, including McDonald’s and KFC owner Yum Brands, have been aggressively expanding their international operations to counter slowing growth in […] Read more
(DusanPetkovic/iStock/Getty Images)
Livestock

Ottawa looks to speed up emergency access to livestock drugs

By
Reading Time: 2 minutes Livestock drugs not currently available in Canada could become easier to access in emergencies, if proposals for amended federal drug regulations get on the books. Health Canada, proposing to streamline the processes for emergency access to drugs for livestock as well as people and pets, on Friday announced a public comment period on its proposals, […] Read more
(Canada Border Services Agency video screengrab)
General, Machinery, Markets, Reuters

USMCA deal modestly boosts U.S. economy, trade panel finds

By ,
Reading Time: 4 minutes Washington | Reuters — The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. The ITC report is a crucial step in the push […] Read more
(MDurson/iStock/Getty Images)
General, Markets, Reuters

EU says ready to launch U.S. trade talks, but without agriculture

By
Reading Time: 2 minutes Brussels | Reuters — The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner Cecilia Malmstrom said on Monday. The EU approved two areas for negotiation, opposed by France with an abstention from Belgium. But agriculture was not […] Read more
Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

By
Reading Time: 4 minutes Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more

Latest Market News

More Market News →