Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to stock up on bread, milk and eggs. With consumers still limiting their trips outdoors due to the COVID-19 pandemic, the company said it would invest […] Read more
Loblaw beats profit estimates as online sales surge
Briggs + Stratton filing for reorganization, courting buyers
Stalking-horse deal in place with private equity firm
U.S. outdoor power equipment maker Briggs + Stratton has locked in a stalking-horse buyer for its assets as it seeks a court-supervised reorganization. The Milwaukee-based company announced Monday it has a stock and asset purchase agreement in place with New York private equity firm KPS Capital Partners, best known as an investor in manufacturing companies. […] Read more
Brandt closes GeoShack deal, locks up Topcon sales in Canada
Tractor company revives Ontario deal
A deal to make Brandt Tractor the exclusive dealer for Topcon geopositioning equipment clear across Canada has been resuscitated. Regina-based Brandt announced Tuesday it has closed its previously-announced deal to buy the assets of GeoShack Canada — two weeks after Dallas-based GeoShack declared that “a mutually beneficial deal… has not been attained.” GeoShack has been […] Read more
Ontario to insure for crop loss due to lack of labour
AgriInsurance offering hailed as a first in Canada
Ontario’s federal/provincial AgriInsurance program has been temporarily expanded to include coronavirus-related labour shortages as a covered cause for crop loss. Producers already enrolled in an eligible production insurance plan and hit by crop losses due to labour disruptions during the 2020 growing season will be able to get further insurance coverage, the Ontario and federal […] Read more
Newfoundland farmers may shoot problem moose at night
Province to provide permits to qualified farmers
Moose causing crop damage on farms in Newfoundland and Labrador may now be shot by farmers at night under a new special permit system. Farmers dealing with “problem moose” can now apply for permits for night shooting, via provincial agriculture development officers in their areas, the provincial fisheries and land resources department said Thursday. The […] Read more
Prairie summer weather patterns to hold for now
MarketsFarm — No major changes in the current weather patterns on the Prairies are expected at this time, according to a pair of weather experts. So far this summer, the region’s weather has been highlighted by warmer and generally drier conditions in the eastern Prairies, while the western portion has been cooler with a great […] Read more
Schoepp: Pandemic an opportunity to rethink food distribution
A highly centralized food system isn't the only option; there's a place for local, too
Reading Time: 3 minutes First- and second-fiscal-quarter earnings for those selling groceries exceeded expectations as consumers stocked up during the pandemic. From small specialty stores to supermarkets, all have reported excellent profits. The idea of centralized retail grocery is relatively recent and yet most societies, regardless of global address, can now relate to shopping at a supermarket. In North […] Read more
Ontario investigating 17 temp agencies after virus outbreaks on farms
"We stand firm against exploitation in our province"
Toronto/Winnipeg | Reuters — Ontario is investigating 17 temporary recruitment agencies, the province’s labour ministry said, after health officials warned that agencies that move workers from farm to farm could be contributing to COVID-19 outbreaks. Canadian farms rely on some 60,000 people who come to Canada on temporary work permits every year, typically living and […] Read more
CUSMA pact takes effect under cloud of disputes, COVID-19
Deal appears to assure continuity of trade for agriculture
Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum […] Read more
Ontario pledges farm recruiter crackdown as COVID-19 outbreaks grow
Ford rips 'fly-by-nighters just trying to make a quick buck'
Toronto | Reuters –– Ontario will crack down on “fly-by-night” recruitment agencies sending workers on to farms, the premier said on Monday, after a testing blitz identified a major coronavirus outbreak on a farm in southwestern Ontario. “We’re reaching out to all the farmers, we’re getting a list of these recruitment agencies. We found out […] Read more
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