Canada’s Trade Minister Chrystia Freeland and Prime Minister Justin Trudeau and Ukrainian President Petro Poroshenko (l-r) meet with media July 11 in Kyiv. (PMO photo by Adam Scotti)

Ukraine free trade deal signed, goes to vote

A free trade agreement between Canada and Ukraine that’s expected to benefit Canada’s livestock sectors, among others, goes to the two countries’ parliaments for approval after its signing Monday. Prime Minister Justin Trudeau and Trade Minister Chrystia Freeland signed the Canada-Ukraine Free Trade Agreement (CUFTA) Monday in Kyiv. CUFTA negotiations wrapped last July under the […] Read more


(CPR.ca)

CP, Teamsters dispute railway’s staffing obligations

Canadian Pacific Railway is refuting claims from one of its employees’ unions that the company is in “violation of the law” over layoffs of track maintenance staff. Calgary-based CP last month announced temporary layoffs effective June 30 affecting about 500 maintenance-of-way crew positions. On Tuesday it cited “business ebbs and flows associated with global markets […] Read more

(MonsantoStore.corpmerchandise.com)

Monsanto, Microsoft to invest in ag technology in Brazil

Sao Paulo | Reuters — U.S. biotech company Monsanto and U.S. software and tech firm Microsoft announced on Monday a partnership to invest in agricultural technology startups in Brazil. Monsanto will join a Brazilian investment fund with up to 300 million reais (C$118 million), managed by Microsoft, evaluating ideas for new digital tools to be […] Read more


(CPR.ca)

CP offers assurances for 2016-17 grain handle

Canadian Pacific Railway (CP) says it’s ready and willing to move a bumper Prairie crop in 2016-17. “Operationally, CP is eager and prepared to move grain this coming crop year,” company CEO Hunter Harrison said in a letter to federal Transport Minister Marc Garneau. The letter, dated Tuesday, was also circulated to Prairie transportation and […] Read more

(Dave Bedard photo)

CP lays off 500 workers, cites softening demand

CNS Canada — Select maintenance workers at Canadian Pacific Railway will be laid off effective Thursday as the railway’s revenue is expected to plummet in the second quarter. Lower volumes are one reason given for declining profits, though grain movement this crop year is ahead of average. Earlier this month, 500 CP maintenance workers were […] Read more


(AllflexUSA.com)

Canada’s PSP buys stake in tag maker Allflex

Reuters — PSP Investments, one of Canada’s biggest pension funds, said Friday it had acquired a significant minority stake in Allflex Group, the world’s biggest maker of electronic tags for animals, from private equity firm BC Partners. The purchase was overseen by PSP’s new team in London, led by Simon Marc, and is likely to […] Read more



(Dave Bedard photo)

Diesel prices hang steady in West, for now

CNS Canada –– It doesn’t appear the gasoline shortage that has left many pumps across Western Canada dry will be spreading to the diesel sector, at least for now. Fires in northern Alberta and problems at a refinery in Edmonton crimped available supplies of gas for many Prairie retailers this week. While some Petro-Canada and […] Read more

Luc Jobin. (CN.ca)

CN promotes CFO as CEO resigns

Canadian National Railway’s (CN) chief financial officer Luc Jobin will become its chief executive on July 1, as incumbent CEO Claude Mongeau steps down for health reasons. Mongeau announced Tuesday he will resign as CN’s CEO at the end of June, after leading the railway company for six and a half years. “I was filled […] Read more