Reuters — U.S. sandwich chain Subway Restaurants said on Thursday it shut 359 restaurants in the U.S. last year, amid stiff competition in a highly fragmented fast-food industry. Subway, owned by Doctor’s Associates, is the world’s largest fast-food chain by number of restaurants. It had 26,744 locations operating in the U.S. at the end of […] Read more
Subway says it shut hundreds of U.S. restaurants last year
Bird flu redirects trade flow of U.S. chicken, eggs, grains
Chicago | Reuters –– Global outbreaks of bird flu in poultry have altered the flow of U.S. chicken meat, eggs and grain around the world, adding to challenges faced by domestic exporters and giving a leg up to Brazil, which has so far escaped the disease. Different strains of avian flu have been detected across […] Read more
FCC sees increase in Canadian farmland values slowing
Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four […] Read more
Talks wrap on new Canadian internal trade deal
Farm groups across Canada expect a new interprovincial trade agreement to clear paths for more trade in Canadian-grown agrifood and other farmed products within the country, reducing the need for imports. Federal, provincial and territorial ministers on Friday announced they’ve concluded talks on a new Canadian Free Trade Agreement (CFTA), which on July 1 will […] Read more
Wireless providers ordered to set up alert system
Canada’s wireless providers have until April 2018 to set up wireless public alerting systems on LTE networks. The Canadian Radio-television and Telecommunications Commission (CRTC) on Thursday issued a directive to that effect to all wireless service providers. The alert system would allow emergency management officials to warn Canadians via mobile devices of “dangers to life […] Read more
Pattison takes up B.C. grocery chain Quality Foods
The owner of Save-On Foods and other Canadian grocery chains will expand its overall market share on Vancouver Island with majority control of the Quality Foods chain. The Vancouver-based Jim Pattison Group was announced last week as the new controlling shareholder in Quality Foods, buying up the interests of founding partners Ken Schley and John […] Read more
Syrian agriculture faces US$16 billion bill from conflict
Rome | Thomson Reuters Foundation — Syria’s six-year conflict has caused at least US$16 billion in damage to agriculture — about a third of the country’s GDP — a U.N. agency said on Monday, calling for more funds to salvage local food production as millions go hungry. Fighting has led to extensive crop and livestock […] Read more
Ford recalls F-250s that could roll while in park
New York | Reuters — Ford Motor Co. is recalling about 52,600 F-250 pickup trucks sold in the U.S. and Canada because the vehicles could roll after the driver moves the automatic transmission lever into park position, the company said on Saturday. The recall, the third announced by Ford this week, affects 2017 model year […] Read more
Top U.S. chicken-producing state sees first case of bird flu
Chicago | Reuters — Georgia has confirmed its first-ever case of bird flu in commercial poultry, its agriculture department said on Monday, widening an outbreak of the disease into the United States’ biggest chicken meat-producing state. A flock of 18,000 chickens used for breeding was culled after testing positive for H7 bird flu, according to […] Read more
Agrifood a pillar in federal budget’s ‘innovation’ plan
The federal government’s latest budget puts up Canada’s agrifood sector as one of six “key areas” to benefit from a new national “Innovation and Skills Plan.” Federal Finance Minister Bill Morneau on Wednesday unveiled a budget projecting $330.2 billion in expenses in 2017-18 against budgetary revenues of $304.7 billion, for a $28.5 billion deficit. The […] Read more