Reuters — Canada, fearful of talk by the U.S. presidential candidates to reopen the North American Free Trade Agreement, could use the opportunity to push for a better deal on worker mobility, dispute resolutions and other issues, Canadian negotiators of the original pact said. Republican Donald Trump calls NAFTA the worst trade deal signed by […] Read more
NAFTA negotiators see gains for Canada if pact reopened
Cargill profit jumps on beef demand, grain margins
Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million a year earlier (all figures […] Read more
Manitoba farmers feel left out on farm policy tour
CNS Canada –– Manitoba has been dropped from an upcoming consulting tour meant to lay the foundation for Canada’s next agricultural policy funding framework. That will limit the province’s producers, the head of an industry group says. The House of Commons’ standing committee on agriculture and agri-food is holding a consulting tour to hear from […] Read more
Austria’s chancellor sees CETA on right track
Vienna | Reuters –– Austria’s government on Monday seemed to have found common ground on a free trade agreement between the European Union and Canada with Chancellor Christian Kern, who has criticized the pact in the past, saying negotiations were on the right track. Social Democrat Kern’s opposition to the Comprehensive Economic and Trade Agreement […] Read more
Avian flu quarantine ends for Ontario duck farm
A federal quarantine has been lifted for a duck farm near St. Catharines, Ont. where birds were confirmed in July with low-pathogenicity (“low-path”) avian flu. The Canadian Food Inspection Agency has reported the quarantine was lifted effective Sept. 20, at the end of a 21-day waiting period after the commercial-scale farm was depopulated, cleaned and […] Read more
Ontario ag minister to get new powers on farm programs
Ontario’s minister of agriculture is expected to get direct authority to set up farm programming, as part of a legislative package resurrected from this spring to cut regulatory red tape. Provincial Economic Development Minister Brad Duguid on Tuesday reintroduced the Burden Reduction Act, a package of amendments meant to “reduce regulatory burdens and practices that […] Read more
Ontario to scale back renewable energy purchases
Toronto | Reuters –– Ontario will scale back its purchase of renewable power in a move expected to result in savings of up to $3.8 billion from a 2013 forecast, the provincial government said on Tuesday. It’s not clear consumers will benefit directly, though the province’s Energy Minister Glenn Thibeault told a news conference a […] Read more
Growmark buys up Ontario farm fuel firm UPI
U.S. farm co-operative Growmark is set to boost its space in the Ontario farm supply market with a deal for the half of fuel supplier UPI Energy it doesn’t already own. Growmark on Monday announced it would buy the remaining 50 per cent stake in Guelph-based UPI from Suncor Energy for an undisclosed sum. UPI […] Read more
German chemical firm Lanxess to buy Chemtura
Reuters — Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp. for about US$2.5 billion, to improve the German company’s additives business. Lanxess’s offer of US$33.50 for each Chemtura share represents a premium of about 19 per cent to the Philadelphia-based company’s close on Friday. The world’s largest synthetic rubber maker […] Read more
EU bids to seal CETA as U.S. deal prospects fade
Bratislava | Reuters –– European Union ministers took steps Friday to approve a contentious free trade deal with Canada, while France and Austria demanded that talks towards a similar agreement with the United States should stop. Both deals have triggered demonstrations by unions and protest groups who say they will spark a “race to the […] Read more
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