Reading Time: 5 minutes Over the past decade Canadian companies and pension funds have increasingly chosen Australia as a destination for investment, and they have been strategic in their approach, targeting key assets. The amount of Canadian investment in Australia outstrips Australian investment in Canada by a rate of about three to one. The commercial relationship is built on […] Read more
Canadian investments in Australia – A focus on agriculture
Canadian investment funds see smart growth in Aussie agriculture
Britain, New Zealand strike free trade deal
Reading Time: 2 minutes London/Wellington | Reuters — Britain and New Zealand have reached agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership in a broader trans-Pacific trade agreement. Prime ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom call on Wednesday […] Read more
‘Containergeddon’ drives sugar, rice shippers back to bulk vessels
Reading Time: 2 minutes New York | Reuters — Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion the industry is calling “containergeddon,” according to traders. Container-based transportation has been hit by sky-high costs and delays amid booming shipping […] Read more
More acres seen needed worldwide to meet mounting crops demand
U.S. acres may have already hit ceiling: AgResource chief
Reading Time: 2 minutes Geneva | Reuters — Farmers need more space to grow crops to meet mounting demand for food and renewable fuel at a time of slowing growth in yields, consultancy AgResource said on Tuesday. A renewable fuel push under U.S. President Joe Biden’s climate agenda is set to trigger a boom in soyoil use, reinforcing a […] Read more
Iqaluit confirms ‘exceedingly high levels’ of fuel in water supply
Water not safe for cooking or drinking, city says
Reading Time: 2 minutes Reuters –– The Canadian city of Iqaluit said lab results confirmed that fuel had entered its water supply, officials announced Friday. Analysis of samples from one of the city’s water tanks found “exceedingly high levels of various fuel components,” Amy Elgersma, Iqaluit’s chief administrative officer, said, adding it was likely diesel or kerosene. Residents in […] Read more
Hay-starved Prairies fertile ground for online scammers
At least $64,000 lost in Alberta alone, RCMP says
Reading Time: 2 minutes High demand, scarce supplies and rising prices for hay and other feeds due to this summer’s drought on the Prairies have made a market for online scammers, RCMP warn. The urgency driving such transactions may cause ranchers, farmers and farm workers to make purchases “without taking time to properly verify or research production sources,” Alberta […] Read more
White House heeded pressure to reopen Canada border, U.S. lawmaker says
Reading Time: 2 minutes Washington | Reuters — A U.S. congressman from New York said on Wednesday that political pressure had persuaded the White House to end a historic 19-month closure of its land borders with Canada and Mexico to millions of non-essential foreign visitors. Representative Brian Higgins, a Democrat representing a district along the Canadian border, said: “You […] Read more
When is a good time to incorporate your farm?
Incorporating isn’t right for everyone, but it can often help the farm grow and prepare for the future
Reading Time: 4 minutes Should you incorporate your farm? It’s a decision with many moving parts, combining tax planning with growth strategies. And it’s a decision more and more farmers are making. The 2016 census showed about half of all Canadian farms were sole proprietorships, 23 per cent were partnerships and about a quarter were corporations. Successful farms depend […] Read more
‘Containergeddon’: Supply crisis drives Walmart, rivals to hire own ships
Bulk grain ships pressed into container service
Reading Time: 4 minutes Los Angeles | Reuters — The Flying Buttress once glided across the oceans carrying vital commodities such as grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk cargo ship has been drafted into the service of […] Read more
A novel approach to estate planning
Guide Books Review: To your accountant, the target is to cut estate taxes. Your goal, though, can be to make your prosperity last for generations
Reading Time: 3 minutes The Naked Opus: Growing Your Family Wealth for the Long TermBy Chris Delaney This is a great read, tackling one of the most difficult topics every farm must face. How can a family build a future that lasts for generations instead of frittering away what it has worked so hard to achieve? So let’s start […] Read more
A message from April Stewart, Country Guide's Associate Editor
