Toronto | Reuters — Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said. With three quarters of Canadian exports landing in the U.S., the […] Read more
Canadian companies struggle to plan for post-NAFTA world
Mexico will leave NAFTA talks if Trump triggers process to withdraw
Mexico City | Reuters — Mexico will leave the NAFTA negotiating table if U.S. President Donald Trump decides to trigger a six-month process to withdraw from the trade pact, three Mexican sources with knowledge of the talks told Reuters on Wednesday. Reuters reported earlier in the day that Canada was increasingly convinced that Trump would […] Read more
Canada taking U.S. to WTO in complaint over trade remedies
Geneva | Reuters — Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in a WTO filing dated Dec. 20 and published on Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost […] Read more
Ontario farmers want voice on high-speed rail
Ontario farmers and rural residents want a place on the advisory board on the creation of a high-speed railway line expected to significantly affect their farms and communities. The province has appointed business, municipal and indigenous groups to the board, but farm organizations, such as the Ontario Federation of Agriculture (OFA), are calling for representation […] Read more
Ford to launch diesel truck to grab fuel economy edge
Detroit | Reuters — Ford Motor Co. plans this spring to offer a diesel engine version of its best-selling F-150 pickup truck, looking to gain a marketing edge as its main rivals ramp up more efficient pickups of their own. Ford executives said they expect the F-150 diesel model with a 10-speed transmission to achieve […] Read more
Better trade deals coming for U.S. farmers, Trump says
In a 40-minute speech to the United States’ biggest farm organization, U.S. President Donald Trump spoke about free trade for 49 seconds. In 120 words Trump told the American Farm Bureau Federation’s annual meeting Monday in Nashville he was working to get U.S. farmers better trade deals. “To level the playing field for our great […] Read more
Equipment firm Buhler’s year-end ledger improves
Improved sales in the North American market have helped push the 2017 results for Canadian farm equipment maker Buhler Industries back into the black. The Winnipeg-based company, which makes Versatile tractors and Farm King implements, on Friday booked year-end net income of about $500,000 on gross revenue of $312 million, up from a $2.7 million […] Read more
Lakehead University to operate Thunder Bay ag station
The not-for-profit Thunder Bay Agricultural Research Station’s quest for a longer-term operating plan has ended with a new operator, and a new name. The Ontario government recently announced it will transfer the TBARS’s operating and research programming responsibilities to Thunder Bay-based Lakehead University, which will now operate the site as Lakehead University Agricultural Research Station […] Read more
Crop Insurance: Hail claims dipped sharply but unharvested acres soared
The number of unseeded acres rose eightfold but the provincial crop insurer paid out less than half the usual amount of hail claims
Reading Time: 2 minutes Dry conditions had one benefit this year — they helped contribute to a big drop in hail damage. “It was very dry in the south, with less activity in relation to hail. The central-south areas were more active this year,” said Daniel Graham, manager of business risk products with the Agricultural Financial Services Corporation (AFSC). […] Read more
Sector growth to occupy Ontario ag minister in 2018
Ontario’s Liberals will have their agriculture standard-bearer back for the 2018 election. Jeff Leal, Ontario’s minister of agriculture, food and rural affairs, is staying in politics, running for his fifth term as a member of the provincial legislature in the Peterborough riding. Leal, who as a resident of Peterborough is about as rural as any […] Read more
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