GFM Network News


Trump issues permit for Alaska-to-Alberta railway

Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from northeastern Alberta’s oil sands to ports in Alaska, a project that still faces numerous hurdles. Trump said over the weekend on Twitter he would issue the permit, which he signed on Monday but […] Read more

Meat leads Canadian industrial producer prices higher in May

Reading Time: 2 minutes Ottawa | Reuters — Canadian industrial producer prices rose 1.2 per cent in May on higher prices for meat, fish and dairy products, Statistics Canada said on Monday, as supply chain disruptions caused by the coronavirus pandemic and increased demand boosted meat prices. The gain in producer prices followed four months of consecutive decreases and […] Read more


Brandt buys GeoShack’s Ontario business

Deal makes equipment firm the exclusive Topcon dealer for Canada

Reading Time: 2 minutes Farm, forestry and construction equipment maker Brandt is about to buy itself a lock on the market for Topcon GPS equipment in Canada. The Regina-based Brandt Group announced Wednesday it has reached a deal to buy the assets of GeoShack Canada Co. and the Canadian assets of Inteq Distributors, both owned by Dallas-based Ultara Holdings. […] Read more

Pulse weekly outlook: Manitoba pea plant construction continues

Reading Time: < 1 minute MarketsFarm — Work continues on Roquette’s pea processing plant at Portage la Prairie, Man., where the French plant-protein firm says measures have been taken to meet health and safety regulations regarding the COVID-19 pandemic. “Beginning in early March we proactively started collaborating with contractors on COVID-19 prevention measures, such as increased cleaning of communal spaces […] Read more


CNH to list truck and bus business in break-up

Reading Time: 2 minutes Milan | Reuters — Industrial vehicle maker CNH Industrial has decided to split in two and list its truck, bus and engine division in an effort to boost asset values and streamline its businesses. The plan comes just six years after CNH Industrial was created when Fiat Industrial — spun off from the Italian carmaker […] Read more

G3 expanding into Alberta market

Reading Time: 2 minutes The grain company formerly known as the Canadian Wheat Board plans to start work next month on two new elevators including its first in Alberta. G3 Canada announced Tuesday it will build a 42,000-tonne capacity elevator at Wetaskiwin in central Alberta, between Edmonton and Red Deer, and a similar-sized elevator at Maidstone, Sask., about 55 […] Read more