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Author Archives Randall Palmer

General, Markets, Reuters

Eyes on election, Tories balance budget with asset sales

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Ottawa | Reuters — Canada’s Conservative government, seeking re-election this year, delivered a federal budget Tuesday that promised a slim surplus despite the oil price crash, while offering goodies to seniors and small businesses and boosting security spending. It will mark Canada’s first surplus in eight years, accomplished with the help of the sale of […] Read more
Transport Minister Lisa Raitt, shown here last month at Carleton University, says she doesn’t yet plan to mandate minimum grain traffic levels in specific rail corridors. (TC,gc.ca)
Crops, Machinery & Shop, Markets, Reuters

Raitt won’t tell railways where to ship grain for now

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Ottawa | Reuters — The Canadian government will not, for now, start telling railways where to ship farmers’ grain but it will decide within days whether to extend its requirements on how much grain they must haul, Transport Minister Lisa Raitt said Wednesday. In an interview in her parliamentary office, Raitt said farmers and shippers […] Read more
Crops, Markets

CWB 2.0 backs out of directors’ court challenge

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A court challenge of the new law ending the Canadian Wheat Board’s marketing monopoly proceeded in a Manitoba court on Friday, while the government insisted it was full steam ahead on its market-opening plans, and grain handler Viterra began offering forward contracts. Eight now-former farmer directors of the Canadian Wheat Board (CWB), who had launched […] Read more
Crops, Markets

Tories aim to end CWB single desk in 2012

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Canada’s Conservative government will likely introduce legislation this autumn that will end the Canadian Wheat Board’s marketing monopoly on wheat and barley in 2012, the returning federal agriculture minister said Wednesday. Western Canada’s grain industry has operated since the Second World War under a monopoly that forces farmers to sell wheat and barley to the […] Read more

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