Reading Time: 2 minutes The chance of a rescue for Quebec’s Levinoff-Colbex cull cow packing plant has passed, now that the facility’s equipment has been sold off piecemeal at auction. Provincial investment financing agency Investissement Quebec and other creditors still own the Colbex building and land at St-Cyrille-de-Wendover, in the Centre-du-Quebec region. But the plant’s receivers sold its equipment to a consortium of […] Read more
Shuttered Que. beef plant’s equipment sold
U.S. to appeal latest WTO loss on COOL
Reading Time: 3 minutes Canada will have to wait up to three more months before it can impose retaliatory tariffs on U.S. goods over Washington’s mandatory country-of-origin labelling (COOL) law on meat from imported livestock. The U.S. government on Friday filed a notice of appeal against the latest ruling by a World Trade Organization (WTO) compliance panel, which last […] Read more
Chance remains for Que. beef plant before asset sale
Reading Time: 2 minutes The equipment at Quebec’s now-shuttered Levinoff-Colbex cull cow packing plant goes to auction in about eight weeks — but until then, its owners will entertain offers from buyers interested in rescuing the plant. The Colbex building and land at St-Cyrille-de-Wendover, in the Centre-du-Quebec region, are still owned by provincial investment financing agency Investissement Quebec and […] Read more
The world according to Gartman
Global shifts in economies and livelihoods to be unprecedented
Reading Time: 3 minutes There may be some bumps ahead, but the worst of the world’s economic turmoil may be over. “I think we have to pay attention to the fact that consumers and businesses are as liquid as we have seen them in the past 15 to 20 years,” trader Dennis Gartman, editor and publisher of The Gartman […] Read more