A baby formula plant proposed for eastern Ontario has got a major boost from the Ontario government. The $225 million plant is being built at Kingston by Canada Royal Milk ULC, a subsidiary of Chinese company Feihe International. The Ontario government has committed up to $24 million to the project, which will export baby formula […] Read more
Ontario to back baby formula plant
Ag and food exports: We’re good but we can do better
Agriculture is a Canadian success story but taking it to the next level requires smart and sizable investments, says economist
Reading Time: 3 minutes Sticking to the status quo isn’t good enough to propel Canada into the uppermost ranks of global agricultural exporters. “Over the past year, there’s been quite a bit of optimism around food and agriculture. It’s been identified as one of the main sectors to grow in this country,” said J.P. Gervais, chief agricultural economist for […] Read more
The numbers — and the potential — are big for agri-food exports
Reading Time: 2 minutes There were few surprises in Farm Credit Canada’s annual ranking of Canadian agriculture and agri-food exports. We remain the world’s fifth-largest agricultural commodity exporter for the sixth straight year, and have also held steady as the No. 11 exporter of manufactured food products. But “potential” abounds, says FCC’s chief agricultural economist J.P. Gervais. “There are […] Read more
Dairy services organizations create partnership
Three major service providers in Canadian dairy farming have formed a partnership that will result in one company supplying herd management and genetic services to Canadian dairy farmers. The partnership, including CanWest DHI, Valacta and the Canadian Dairy Network (CDN), still has to be approved by farmer-members of the organizations. CanWest DHI provides on-farm testing […] Read more
OFA pre-election policy targets broader economic development
Stable rural areas and thriving farms can help urbanites with some of their biggest challenges. That’s the message from the Ontario Federation of Agriculture going into next year’s provincial election. The OFA talked about how it is framing its election strategy at its annual meeting, which ran Monday and Tuesday in Toronto. “With the election […] Read more
Quebec veal processors merging
The bulk of Quebec’s veal processing capacity is forming up under one banner as Delimax-Montpak gets set to buy its rival Ecolait out of creditor protection. Delimax-Montpak Group announced Friday it has an agreement in principle to buy St-Hyacinthe-based Ecolait for total consideration of $50 million. Delimax-Montpak said Friday the deal “will allow the veal […] Read more
Canada, Mexico to rebuff U.S. over NAFTA goals
Mexico City | Reuters — Canada and Mexico will rebuff the United States over its demand for tougher NAFTA automotive content rules, top officials said on Monday as negotiations to renew the treaty bogged down with only a few months to go. U.S. President Donald Trump is threatening to quit NAFTA, which has reshaped the […] Read more
Trade talks a dicey situation, Coyne says
Winnipeg | CNS Canada — With Canada in the midst of negotiations for two different trade agreements, the North American Free Trade Agreement and Trans-Pacific Partnership, trade concerns are getting muddled, according to Andrew Coyne. “We need to be conscious of diversifying our trade interests beyond just North America. It would be extremely foolish that […] Read more
Agriculture contributed C$111.9 billion to Canada’s GDP in 2016
Winnipeg | CNS – A new report from Agriculture and Agri-Food Canada released Friday has pegged agriculture as contributing C$111.9 billion to Canada’s GDP in 2016, which accounted 6.7 per cent of the country’s total GDP. The annual report entitled An Overview of the Canadian Agriculture and AgriFood System, provides a summary of the economic […] Read more
Big four topics remain constant in latest Real Dirt on Farming
The latest edition of the Real Dirt on Farming is out, and it continues to be a printed copy success story in a digital world. There are more than three million copies of the agriculture information resource in print and the demand doesn’t appear to be dropping. Farm & Food Care Ontario creates the publication […] Read more