A parliamentary committee is calling on the federal government to use legislative tools to help shore up broadband access for rural and remote areas of Canada. The House of Commons’ standing committee on industry, science and technology, chaired by Vancouver area Liberal MP Dan Ruimy, on Tuesday released its report and recommendations for meeting federal […] Read more
Regulatory change urged to help expand rural broadband
Singapore firm hikes Bayer stake in share sale
Frankfurt | Reuters — German drugmaker Bayer is raising three billion euros (C$4.67 billion) toward its planned US$62.5 billion takeover of seed and chemical firm Monsanto by selling a 3.6 per cent stake to Singapore’s state investment company Temasek. Bayer said it had struck a deal with Temasek under which it would issue shares with […] Read more
Kubota to relocate Canadian warehousing
Japanese tractor and equipment maker Kubota’s Canadian arm plans to decamp its warehousing and head office next year for a new “state of the art” space 25 km east. Kubota Canada announced Thursday it will move those operations from Markham, Ont. to a new facility it will build at Pickering by the end of 2019. […] Read more
U.S. to take another look at Pacific trade pact
Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more
Prairie drought conditions improve
CNS Canada — While drought conditions in Western Canada have improved following late-season snowfall, it isn’t a completely rosy picture just yet. “We have seen significant departures from normal in terms of precipitation (on the Prairies over) a long period. The winter hasn’t been above average (for precipitation) so there hasn’t been a whole lot […] Read more
AFSC lowering crop insurance premiums this year
The provincial crop insurer says it is reducing premiums by an average of eight per cent
Reading Time: < 1 minute Agriculture Financial Services Corporation is lowering crop insurance premiums. “On average, 2018 premium rates for crops are eight per cent lower than they were in 2017,” AFSC said in a news release. “The decrease in premium rates is a reflection of the generally good growing conditions over the past few years, which resulted in positive […] Read more
Bayer to sell digital farming business to BASF
Frankfurt | Reuters — Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto . Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of […] Read more
No breakthrough at NAFTA talks, U.S. timeline could be in doubt
Washington/Ottawa | Reuters — The U.S., Mexico and Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Chrystia Freeland said on Friday, casting doubt that the quick deal sought by Washington would materialize. Freeland met with U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo for several hours on Friday […] Read more
Canada reports progress on NAFTA, says ‘we’re not there yet’
Ottawa/Mexico City | Reuters — Mexico, Canada and the U.S. have made good progress in their bid to modernize the NAFTA trade pact but still have work to do, Canadian Foreign Minister Chrystia Freeland said Wednesday. Freeland also said she would be flying to Washington for a meeting on Thursday with U.S. Trade Representative Robert […] Read more
New cropping business tools available
Reading Time: < 1 minute The 2018 versions of Cropping Alternatives and the new Crop Budget Calculator tool are now available. They allow producers to project costs, margins, and break-even yields for potential crops. Cropping Alternatives “forecasts margins based on benchmark yields, current cost of production, expected revenues, and costs by soil zone. With this information producers can get an […] Read more