Reading Time: 2 minutes Saskatoon crop inoculant maker Philom Bios recommended Wednesday that its shareholders accept a $25.6 million all-cash takeover bid by Novozymes A/S, a major player in the enzyme and microorganism business. Novozymes, based in Denmark, markets over 700 products in 130 countries for use in industrial and food production. The company has signed a “pre-acquisition agreement” […] Read more
Danish biotech firm to buy Philom Bios
Cash advances planned for N.S. hog farmers
Reading Time: < 1 minute Hog farmers in Nova Scotia will get immediate payments through the Targeted Advance Payment program to help deal with “financial difficulties” in the hog sector, Ag Minister Brooke Taylor announced Tuesday. Eligible farmers will be contacted soon and given information on how much of an advance they may be eligible to get. Farmers who aren’t […] Read more
Planet Organic sales up 47 per cent
Reading Time: < 1 minute Organic food and “natural” products retailer Planet Organic Health Corp. posted a 16 per cent increase in net income on a 47 per cent rise in sales this fiscal year, the company said Tuesday. The Edmonton company owns 74 stores in North America, including eight Planet Organic supermarkets in Canada and 11 Mrs. Green’s Natural […] Read more
Grain helps boost CPR’s Q3
Reading Time: < 1 minute A 5.5 per cent jump in grain revenue through increased traffic helped Canadian Pacific Railway (CPR) improve its third-quarter net by 34 per cent, the company announced Monday. CPR reported net income of $218.6 million on $1.19 billion in revenue for the quarter ending Sept. 30, up from $163.8 million on $1.15 billion in its […] Read more
McGuinty re-appoints farm cabinet
Reading Time: < 1 minute Ontario Premier Dalton McGuinty has re-appointed the three newly re-elected MPPs in charge of the province’s farm and rural portfolios back to Cabinet. Hastings-Frontenac Lennox MPP Leona Dombrowsky, who represents the Napanee and Belleville area, was returned Tuesday as minister for agriculture, food and rural affairs, a post she’s held since 2005. Lambton-Kent-Middlesex MPP Maria […] Read more
Bevo Agro gets reprieve on loan
Reading Time: < 1 minute B.C.-based greenhouse supply firm Bevo Agro Inc. has been granted another three months to pay back a $5 million bond that matured Sept. 24. Bevo Agro propagates and supplies vegetable, flower, berry and other seedlings to greenhouse operators, field growers and nurseries, including a substantial customer base in the U.S. The company said Monday that […] Read more
New secretary for N.L. ag minister
Reading Time: < 1 minute St. John’s-area MHA Kathy Dunderdale was re-appointed Tuesday as Newfoundland and Labrador’s minister responsible for the Forestry and Agrifoods Agency and natural resources after the Oct. 9 provincial election. Premier Danny Williams on Tuesday also appointed a new parliamentary secretary to Dunderdale for the forestry and agrifoods file. Harry Harding, the member of the House […] Read more
Quebec hog farmers may get early advance
Reading Time: < 1 minute Quebec’s provincial farm finance agency is considering an early advance on the insurance program advances it provides to hog farmers. In a release Friday, La Financiere agricole said that after meeting with the hog farmers’ association, la Federation des producteurs de porcs, and taking into account the current situation in the hog sector, it would […] Read more
B.C. vets funded to review foreign credentials
Reading Time: < 1 minute British Columbia’s veterinary medical association will get funding to improve how it assesses credentials and approves licenses, in order to import new veterinarians from other countries. The province on Monday announced about $497,000 for 17 professional regulatory bodies to improve those assessments and licensing practices, after making the offer to those professional bodies through a […] Read more
Alta. farmers beat EFP uptake goal
Reading Time: 2 minutes Alberta farmers have beaten their province’s target for completing Environmental Farm Plans (EFPs). The federal and provincial governments reported Friday that over 7,000 Alberta farmers had completed EFPs. That’s above a provincial target of 6,500 for 2007-08, as noted in the provincial agriculture department’s business plan in March this year. According to that plan, the […] Read more