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
Insurer SGI Canada sets up farm unit
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
Britain reported looking to NAFTA if Brexit deal fails
London | Reuters — Britain could join a formal trade alliance with the United States, Canada and Mexico if the European Union refuses to clinch a post-Brexit trade deal, the Daily Telegraph newspaper reported on Tuesday. The newspaper said British ministers were looking at joining the North American Free Trade Agreement (NAFTA) as part of […] Read more
B.C. Greens seek limits on foreign ownership of farmland
The party holding the balance of power in British Columbia’s legislature wants to curb foreign ownership of farmland in the province’s Agricultural Land Reserve (ALR). Green Party leader Andrew Weaver on Thursday introduced the Property Law Amendment Act as a private member’s bill, which he said “would prohibit foreign entities from purchasing ALR land over […] Read more
Consultations close on tax planning proposals
Calls from farm groups and federal opposition politicians for further consultations on a proposed overhaul of the private corporation tax system have been shut down in the House of Commons. A motion Tuesday from Ontario Tory MP Pierre Poilievre, vice-chair of the Commons finance committee, calling for consultations to continue beyond their Monday deadline through […] Read more
Metro to buy Jean Coutu to stave off looming risks
Toronto | Reuters — Metro Inc., Canada’s third-biggest food retailer, on Monday agreed to buy pharmacy chain Jean Coutu Group for $4.5 billion in cash and stock, paying what analysts said was a “steep” premium to protect against risks facing the retail sector. The deal comes at time when global retail giants like Amazon.com, Wal-Mart […] Read more
Nova Scotia to help black residents get land titles
London | Thomson Reuters Foundation — Historic black communities in Nova Scotia will be given funds to establish legal ownership of land where they have lived for generations, the government said, in a drive to solve what critics call a case of long-running discrimination. The provincial government will spend $2.7 million over two years to […] Read more
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