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General

National COYF cancelled for 2020

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Reading Time: < 1 minute The national Canada’s Outstanding Young Farmer (COYF) event, previously scheduled to be held in Saskatoon in December this year, has been cancelled due to COVID-19. In a statement in the ‘Land Leader’, the official publication of the COYF program, Steve Cooper, the organization’s chair, said, “the Saskatchewan Hosting committee for the 2020 National Event advised […] Read more
(Conservative Party of Canada video screengrab via YouTube)
General, Markets

CPC leadership hopefuls list ending carbon tax as priority for agriculture

Party leadership candidates also look to strengthen trade relationships

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Reading Time: 6 minutes Removing the carbon tax is the main priority for the two top Conservative Party of Canada (CPC) leadership candidates, according to a recent survey. Peter MacKay and Erin O’Toole, considered the front-runners in a small field of leadership hopefuls, listed eliminating the environmental policy in response to a series of questions posed to them by […] Read more
(Agr.gc.ca/eng/youth-in-agriculture)
General

Agricultural Youth Council members introduced

Jobs for next generation also come online

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Reading Time: 3 minutes Agriculture Minister Marie-Claude Bibeau has named the 25 young people chosen to sit on the inaugural Canadian Agricultural Youth Council. Members of the council (see list below) are expected to offer suggestions on government priorities and identify problems and solutions for Bibeau. “That was quite a challenge actually, because we received over 800 candidates,” Bibeau […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Loblaw beats profit estimates as online sales surge

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Reading Time: < 1 minute Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to stock up on bread, milk and eggs. With consumers still limiting their trips outdoors due to the COVID-19 pandemic, the company said it would invest […] Read more
Steve Verheul, federal assistant deputy minister for trade policy and negotiations, speaks online to the Commons standing committee on international trade on July 9, 2020. (Video screengrab from Parlvu.parl.gc.ca)
General, Markets

Canada’s pace in trade talks with U.K. raising frustration

Doubts remain on potential benefits for Canadian farmers

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Reading Time: 3 minutes The Canadian Agri-Food Trade Alliance (CAFTA) is expressing frustration over the pace at which Canada is engaging the United Kingdom toward a post-Brexit free trade deal. Steve Verheul, assistant deputy minister of trade policy and negotiations at Global Affairs Canada, told a parliamentary committee any deal between the two countries will be impacted by European […] Read more
(BriggsandStratton.com)
General, Machinery

Briggs + Stratton filing for reorganization, courting buyers

Stalking-horse deal in place with private equity firm

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Reading Time: 2 minutes U.S. outdoor power equipment maker Briggs + Stratton has locked in a stalking-horse buyer for its assets as it seeks a court-supervised reorganization. The Milwaukee-based company announced Monday it has a stock and asset purchase agreement in place with New York private equity firm KPS Capital Partners, best known as an investor in manufacturing companies. […] Read more
(Dave Bedard photo)
General, Reuters

Feds proposing to expand wage subsidy program

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Reading Time: < 1 minute Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
(Pierre-Olivier Valiquette/iStock/Getty Images)
General, Markets, Reuters, Weather

U.S. court finds for California’s work with Quebec on carbon market

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Reading Time: 2 minutes Washington | Reuters — A U.S. federal district court has ruled that California’s co-ordination with Quebec in a cap-and-trade carbon emissions market is constitutional, a blow to the Trump administration made public in a filing late on Friday. In October, the Trump administration sued California for entering a climate agreement with Quebec, saying the state […] Read more
A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)
General, Markets, Reuters

Non-essential travel limits extended at U.S. borders with Canada, Mexico

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Reading Time: < 1 minute Washington/Ottawa | Reuters — Restrictions on non-essential travel at U.S. land borders with Canada and Mexico will be extended through Aug. 21, Canada and the United States announced Thursday. “Canada and the United States have agreed to extend the current border measures by one month until Aug. 21, and we’re going to keep working closely […] Read more

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