A new provincial rural economic development strategy for British Columbia includes extra money for livestock and invasive plant programs, among them a new rebate plan for livestock tag readers. The province on Friday released “Building on our Rural Advantages: B.C.’s Rural Economic Development Strategy,” a document laying out investments expected to support up to 26,600 […] Read more
B.C. rural plan includes livestock tag reader rebate
French MNAs take EU-Canada trade deal to court
Paris | Reuters — More than 100 French left-wing lawmakers decided Tuesday to appeal to the country’s Constitutional Council to block a contentious free trade deal between the European Union and Canada. Supporters of the Comprehensive Economic and Trade Agreement (CETA) say it will boost economic growth and jobs on both sides of the Atlantic. […] Read more
Maple Leaf to buy U.S. veggie dog, burger maker
Canadian meat packer Maple Leaf Foods is buying space on the non-meat side of the deli section with a deal for U.S. processor Lightlife Foods. Toronto-based Maple Leaf announced Tuesday it would pay US$140 million for Lightlife, which makes vegetarian burgers, hot dogs, sausage, deli cuts, jerky and other meatless protein products at Turners Falls, […] Read more
With demand, deregulation, ‘opportunities abound’ for hemp
CNS Canada — Aggressive contracting in the hemp sector is expected to bump up Canadian acres — another benefit for growers who will experience less red tape this year. “We’ve seen a lot of activity on the contracting side for growers,” said Kim Shukla, executive director of the Canadian Hemp Trade Alliance at Steinbach, Man. […] Read more
Key European body backs EU-Canada trade deal
Brussels | Reuters — A planned EU-Canada free-trade deal moved closer to reality on Tuesday after a key committee advised the European Parliament to give its backing after months of protests and heated debate. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is seen as a test of Europe’s ability to forge future trade accords […] Read more
Canada to Mexico on NAFTA: You might be on your own
Calgary | Reuters — Canada will focus on preserving its U.S. trade ties during talks to renegotiate NAFTA and may not be able to help Mexico avoid being targeted by the Trump administration, Canadian government sources say. “We love our Mexican friends. But our national interests come first and the friendship comes second,” a source […] Read more
Canada not seen as U.S. target in NAFTA talks
Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin […] Read more
Protectionism game comes with raised economic stakes: Frum
As U.S. president-elect Donald Trump’s inauguration day approaches, the business world is pondering how the new administration might affect the world economy. Trump’s pride in his unpredictability is troubling, given he’s the president-elect, said David Frum, political commentator, former speechwriter for President George W. Bush, and a senior editor for Washington-based magazine The Atlantic. However, […] Read more
Trade lawyer named federal trade minister
Prime Minister Justin Trudeau’s latest mini-cabinet shuffle puts a Quebec lawyer specializing in international trade into the trade minister’s chair. Trudeau on Tuesday appointed Francois-Philippe Champagne, the rookie MP for the Shawinigan-area riding of Saint-Maurice-Champlain, as minister of international trade, replacing Chrystia Freeland. Freeland, as widely expected leading up to Tuesday’s announcement, becomes minister of […] Read more
Marijuana firms look to get creative with brand building
Ottawa | Reuters — Canadian marijuana companies, facing potential limits on advertising for recreational pot, are selling health food products and cultivating a lifestyle image to win customers in an anticipated multibillion dollar market. Canada is set to become the first G7 country to legalize recreational marijuana nationally when it introduces legislation next spring. Medical […] Read more