A reduced Prairie grain handle has taken a bite out of the year-end gross for Canadian Pacific Railway in what’s turned out to be CEO Hunter Harrison’s last year on the job. Calgary-based CP on Wednesday announced full-year net income of $1.599 billion on $6.232 billion in gross revenues, up from $1.352 billion on $6.552 […] Read more
CP’s revenue, Prairie grain handle down for year
Xplornet buying YourLink
One of Canada’s biggest providers of rural broadband is set to expand its space in the Saskatchewan market by buying rural high-speed wireless provider YourLink. New Brunswick-based Xplornet Communications on Monday announced an all-cash $28.75 million deal with Victoria-based Vecima Networks for the “remaining assets” of Vecima’s YourLink business. YourLink, based in Saskatoon, is a […] Read more
Pattison merges Deere dealership chains
The Jim Pattison Group has consolidated its Prairie farm equipment dealerships in Saskatchewan and Manitoba under one new banner. Pattison on Tuesday announced the merger of its Maple Farm Equipment and JayDee AgTech chains, which deal mainly in John Deere farm equipment. The two chains are to be rebranded as Pattison Agriculture. Darrin Didychuk, now […] Read more
Climate Corp. crop data system in beta for Western Canada
A major farm data analysis package, already being offered for sale in Eastern Canada for use this spring, is in beta testing toward a rollout later this year in Western Canada. Management from Monsanto and its farm data systems arm, The Climate Corp., speaking on a conference call Thursday, said they see a launch for […] Read more
Buhler trims net loss, expects improved sales
Strong sales of a limited-edition tractor line helped offset tighter margins and generally lower demand in fiscal 2016 for farm equipment manufacturer Buhler Industries. The Canadian company last Thursday booked a net loss of $2.7 million on $274.1 million in sales for its year ending Sept. 30, 2016, up from a $5.3 million loss on […] Read more
CP, CN both top their Prairie grain revenue caps
The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian Transportation Agency. The agency said Dec. 22 it has determined Canadian Pacific Railway (CP) and Canadian National Railway (CN) went over their maximum revenue entitlements […] Read more
Major Deere dealer sheds stake in Prairie chain
Canada’s biggest Deere dealership group has sold its minority stake in a Prairie dealership chain back to the chain’s majority owners. Calgary-based Cervus Equipment Corp. said Wednesday it has sold its 21.449 per cent of Maple Farms Partnership, owner of the Maple Farm Equipment chain of Deere farm equipment dealerships, back to Maple for about […] Read more
CRTC makes broadband a basic service
Gatineau | Reuters — Broadband internet access will be considered a basic service in Canada, the country’s telecom regulator said Wednesday, setting a higher target for download speeds and creating a fund that could see providers paying more to help meet those goals. The Canadian Radio-television and Telecommunications Commission (CRTC) said it was establishing a […] Read more
Winter is a great time to make the farm more safe
Taking one or more safety courses could pay invaluable dividends next year for you, your family, and employees
Reading Time: 2 minutes Put farm safety on your agenda for the coming months, says a provincial farm safety specialist. “Winter is a great time to pull out your farm safety plan — or develop one if you haven’t already — and decide what kind of training program your family members and employees should take,” said Blair Takahashi. Some […] Read more
Livestock transport regulations up for comment
The public can comment until mid-February on proposed new livestock transport regulations which the government says will help Canada line up with international standards and limit how long livestock can go unfed during shipping. The Canadian Food Inspection Agency on Monday announced amendments to the federal Health of Animals Regulations dealing with transportation have been […] Read more
