Toronto | Reuters — Grocery chain Loblaw Co. Ltd. is cutting about 500 jobs across the company, and plans to reinvest the savings into digital and e-commerce services, the company said on Monday. The job cuts, which began on Monday and make up 0.25 per cent of the Toronto-based company’s workforce, will apply to executive […] Read more
Loblaw cuts 500 jobs, plans to reinvest in e-commerce
U.S. now seeking end to supply management in NAFTA talks
Arlington, Va. | Reuters — U.S. negotiators at talks to update the North American Free Trade Agreement want Canada to dismantle its system of protections for the dairy and poultry sectors — a move Ottawa will reject, a source briefed on the matter said on Monday. The proposal is the latest in a string of […] Read more
Feds pledge lower small business tax rate
UPDATED, Oct. 16 — The federal government says it will cut the small business tax rate to nine per cent from 10.5, a move seen as an attempt to counter a growing backlash against its July tax reform announcement. Prime Minister Justin Trudeau and Finance Minister Bill Morneau appeared side-by-side in Toronto’s far suburbs to […] Read more
Ottawa threatens suit for Hudson Bay rail line repairs
The federal government says the owner of the Hudson Bay Railway has 30 days to get the washed-out line repaired and running or will face a lawsuit for breach of contract. Natural Resources Minister Jim Carr, the MP for the Manitoba riding of Winnipeg South Centre, said in a statement Friday that U.S. rail operator […] Read more
U.S. stance on autos sows more doubt about NAFTA overhaul
Arlington, Va. | Reuters — The Trump administration on Friday demanded that U.S.-made content account for half the value of the cars and trucks sold under the North American Free Trade Agreement, raising further doubts about any potential deal to renew the pact. Three sources briefed on the protectionist U.S. proposal, which is in line […] Read more
Insurer SGI Canada sets up farm unit
The property and casualty arm of Saskatchewan’s Crown insurance agency has set up a new unit zoned strictly agricultural. SGI Canada — the Regina-based property and casualty insurance provider which operates in tandem with the Saskatchewan Auto Fund, the Crown auto insurer — on Wednesday launched a new Farm Business Unit with “a specialized team […] Read more
U.S. hikes NAFTA tension with call for ‘sunset clause’
Arlington, Va. | Reuters — Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday. The proposal for a so-called sunset clause — just one of a series […] Read more
Alberta to reallocate veterinary school funding
Alberta is set to gradually pull its $8 million in annual funding from the University of Saskatchewan’s Western College of Veterinary Medicine (WCVM) and instead expand the vet school at the University of Calgary. The province announced Thursday it will expand enrolment for the University of Calgary’s Veterinary Medicine program (UCVM) from 130 students currently […] Read more
Metro plans automated distribution for Ontario
One of Canada’s biggest grocery chains plans to build new hubs to distribute both fresh and frozen foods to its Ontario stores. Quebec-based Metro Inc. said Wednesday it expects to put up $400 million to modernize and automate its Toronto operations between 2018 and 2023, building two new facilities for fresh and frozen food distribution […] Read more
Trump says U.S.-Canada trade deal possible, excluding Mexico
Washington | Reuters –– U.S. President Donald Trump said on Wednesday he would be open to a bilateral trade pact with Canada if a deal cannot be reached with Mexico to substantially revise the North American Free Trade Agreement. Asked by a reporter if he could envision maintaining free trade with Canada if NAFTA talks […] Read more