Reading Time: 3 minutes Ottawa | Reuters — Canadian exporters are scrambling to find ways to avoid a potential 10 per cent import tax promised by U.S. President-elect Donald Trump, including the possible shifting of production or supply lines south of the border. Amid warnings from the Bank of Canada on Wednesday that protectionist policies brought in by Trump […] Read more
Exporters, fearing border tax, scramble to shift production
CP’s revenue, Prairie grain handle down for year
Reading Time: 2 minutes A reduced Prairie grain handle has taken a bite out of the year-end gross for Canadian Pacific Railway in what’s turned out to be CEO Hunter Harrison’s last year on the job. Calgary-based CP on Wednesday announced full-year net income of $1.599 billion on $6.232 billion in gross revenues, up from $1.352 billion on $6.552 […] Read more
Xplornet buying YourLink
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
AGCO bets big on China
While the war of words heats up between Beijing and Washington, AGCO is becoming a major player in the Chinese economy
Reading Time: 6 minutes One of the world’s largest farm equipment manufacturers is predicting a bright future in China, and it is putting its money behind that belief. AGCO, parent company of well-known brands Massey Ferguson, Fendt, Valtra, GSI, and Challenger, has opened a new state-of-the-art manufacturing facility in Changzhou to serve both its international needs and what it […] Read more
Pattison merges Deere dealership chains
Reading Time: 2 minutes The Jim Pattison Group has consolidated its Prairie farm equipment dealerships in Saskatchewan and Manitoba under one new banner. Pattison on Tuesday announced the merger of its Maple Farm Equipment and JayDee AgTech chains, which deal mainly in John Deere farm equipment. The two chains are to be rebranded as Pattison Agriculture. Darrin Didychuk, now […] Read more
Climate Corp. crop data system in beta for Western Canada
Reading Time: 3 minutes A major farm data analysis package, already being offered for sale in Eastern Canada for use this spring, is in beta testing toward a rollout later this year in Western Canada. Management from Monsanto and its farm data systems arm, The Climate Corp., speaking on a conference call Thursday, said they see a launch for […] Read more
The machines, they are a changin’
Farm machinery is undergoing a historic period of evolution, with rapid changes that will soon show up in your sheds
Reading Time: 6 minutes Earlier this fall, it was announced that Bob Dylan won the Nobel Prize for Literature. I have to admit, I didn’t see that coming. Not to take anything away from his talent, it’s just that I wouldn’t have expected to hear he had won that kind of award, any more than I would have expected […] Read more
Buhler trims net loss, expects improved sales
Reading Time: 1 minute Strong sales of a limited-edition tractor line helped offset tighter margins and generally lower demand in fiscal 2016 for farm equipment manufacturer Buhler Industries. The Canadian company last Thursday booked a net loss of $2.7 million on $274.1 million in sales for its year ending Sept. 30, 2016, up from a $5.3 million loss on […] Read more
CP, CN both top their Prairie grain revenue caps
Reading Time: 2 minutes The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian Transportation Agency. The agency said Dec. 22 it has determined Canadian Pacific Railway (CP) and Canadian National Railway (CN) went over their maximum revenue entitlements […] Read more
Major Deere dealer sheds stake in Prairie chain
Reading Time: 2 minutes Canada’s biggest Deere dealership group has sold its minority stake in a Prairie dealership chain back to the chain’s majority owners. Calgary-based Cervus Equipment Corp. said Wednesday it has sold its 21.449 per cent of Maple Farms Partnership, owner of the Maple Farm Equipment chain of Deere farm equipment dealerships, back to Maple for about […] Read more
A message from April Stewart, Country Guide's Associate Editor
