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(Country Guide file photo)
General, Markets, Reuters

Canada’s farm income to dip, but remain above average

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Reading Time: 2 minutes Reuters — Canadian farmers’ incomes will decline seven per cent in 2017, falling for the second year in a row but remaining at above-average levels, the country’s agriculture department predicted on Friday. A drop in North American cattle and calf prices from record highs in 2015 is the main reason for the two-year dip, Agriculture […] Read more
(CBSA-asfc.gc.ca)
General, Markets, Reuters

Canada to Mexico on NAFTA: You might be on your own

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Reading Time: 2 minutes Calgary | Reuters — Canada will focus on preserving its U.S. trade ties during talks to renegotiate NAFTA and may not be able to help Mexico avoid being targeted by the Trump administration, Canadian government sources say. “We love our Mexican friends. But our national interests come first and the friendship comes second,” a source […] Read more
(PortMetroVancouver.com)
General, Markets, Reuters

Canada says TPP trade deal dead without U.S.

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Reading Time: 2 minutes Calgary | Reuters — The Trans-Pacific Partnership (TPP) trade deal cannot proceed without the United States, Canada said on Tuesday, even as Australia and New Zealand pledged to salvage it. U.S. President Donald Trump withdrew from the 12-nation TPP on Monday, following through on an election promise days after his inauguration. “This agreement was so […] Read more
(Photo courtesy Canada Beef Inc.)
General, Reuters

Canada not seen as U.S. target in NAFTA talks

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Reading Time: 2 minutes Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin […] Read more
A YourLink tower outside Weyburn, Sask. (YourLink.ca)
General, Machinery

Xplornet buying YourLink

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Reading Time: 2 minutes One of Canada’s biggest providers of rural broadband is set to expand its space in the Saskatchewan market by buying rural high-speed wireless provider YourLink. New Brunswick-based Xplornet Communications on Monday announced an all-cash $28.75 million deal with Victoria-based Vecima Networks for the “remaining assets” of Vecima’s YourLink business. YourLink, based in Saskatoon, is a […] Read more
Francois-Philippe Champagne, shown here last month in a holiday video message to constituents, has been named federal minister for international trade. (FPChampagne.liberal.ca)
General, Markets

Trade lawyer named federal trade minister

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Reading Time: 2 minutes Prime Minister Justin Trudeau’s latest mini-cabinet shuffle puts a Quebec lawyer specializing in international trade into the trade minister’s chair. Trudeau on Tuesday appointed Francois-Philippe Champagne, the rookie MP for the Shawinigan-area riding of Saint-Maurice-Champlain, as minister of international trade, replacing Chrystia Freeland. Freeland, as widely expected leading up to Tuesday’s announcement, becomes minister of […] Read more
Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)
General, Reuters

Trudeau to shuffle Dion out of foreign affairs

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Reading Time: 2 minutes Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will shuffle his cabinet this week and is set to move Foreign Minister Stephane Dion, who ran into political trouble last year, a person with knowledge of the matter said on Monday. “Dion is out,” said the person, who requested anonymity because of the sensitivity of […] Read more
(Thinkstock photo)
General, Markets

Happy 2017 from Farm Business Communications

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Reading Time: < 1 minute On behalf of all of us at Farm Business Communications, here in Winnipeg and across Canada, we’d like to wish you the happiest of new years and, once again, our thanks for your readership in 2016. Our office in Winnipeg closes today at noon and will reopen for regular business on Tuesday, Jan. 3, 2017. […] Read more
Photo: File/Allan Dawson
General

Grain elevators applaud the Parliamentary Committee’s rail recommendations

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Reading Time: 2 minutes The Western Grain Elevator Association (WGEA) has added its voice to grain industry organizations praising a report from the Standing Committee on Transport, Infrastructure and Communities on rail transportation affecting grain shippers. Recommendations in the report broadly encompass the adjustments required to the Canada Transportation Act to ensure the Canadian economy prospers in the long […] Read more
(Dave Bedard photo)
General

Diesel prices to start edging up in 2017

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Reading Time: 2 minutes Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed with low diesel prices the past few years but we’re probably looking at higher prices in the New Year,” said Phil Flynn of Price Futures […] Read more

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