GFM Network News

More News →

Archives

General, Markets, Reuters

Britain, Canada agree on post-Brexit rollover trade deal

Tailor-made comprehensive pact expected to follow

By , ,
London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
Crops, Reuters

Canadian pot producer Aphria to buy U.S. craft brewer

SweetWater's '420' beer would come to Canada

By ,
Reuters — Canadian cannabis company Aphria Inc. said on Wednesday it plans to buy craft brewer SweetWater Brewing for US$300 million as it looks to expand into the U.S. while becoming the first major pot producer to enter the alcoholic beverages market. The deal gives Leamington, Ont.-based Aphria a U.S. distribution point at a time […] Read more
Crops, Reuters

Canopy Growth to move U.S. listing to Nasdaq

Canadian cannabis company minding expenses

By ,
Reuters — Canadian pot producer Canopy Growth said on Tuesday it would move its U.S. stock listing to the Nasdaq, following rival Aphria in favouring the exchange’s “cost-effectiveness.” Canopy’s U.S. shares, currently listed on the New York Stock Exchange, rose over four per cent in extended trading. Years of high expenses and a lack of […] Read more
Crops, Markets, Reuters

Cannabis-infused drinks fizzle on production, distribution challenges

'Actually executing the idea is much more difficult'

By ,
Reuters — Investors pinning hopes on cannabis-infused drinks to propel growth of the legal marijuana industry may have to wait a bit longer, as companies struggle to produce and distribute the highly-sought beverages in a profitable way. Nearly 11 months after regulators allowed their sales, very few brands have been able to reach shelves. Canada […] Read more
General

B.C. ag minister, critic expected to win re-election

NDP projected to form majority government

By ,
British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening […] Read more
Crops

Federal fund, Alberta government back irrigation upgrades

Infrastructure Bank lends cash for system improvements

By ,
Eight irrigation districts in Alberta are set to tap into the Canada Infrastructure Bank’s new $1.5 billion pool of funding earmarked for irrigation, to receive loans worth about $407.5 million. The Alberta and federal governments on Friday announced a total investment of $815 million — including repayable CIB funds, provincial support and irrigation district contributions […] Read more
General, Markets

Canada to keep U.S. border curbs until pandemic much less serious

By , ,
Ottawa | Reuters — Canada will maintain restrictions on non-essential travel with the United States until the coronavirus outbreak in both nations is much less serious, a senior government official said on Friday. The comments by federal Public Safety Minister Bill Blair suggest that the ban on non-essential travel could stay for months to come, […] Read more
General, Machinery, Markets, Reuters, Weather

Throne speech commits to rural broadband improvement

Rural health care, water management also on deck

By ,
The federal minority Liberal government is promising job creation, better rural internet access and a commitment to combating climate change in its newly revealed legislative plans. In an ambitious throne speech delivered Wednesday, Prime Minister Justin Trudeau’s party committed itself to implementing universal child care and extending or enhancing many of the economic measures put […] Read more
Crops

New Brunswick returns ag minister, ag critic in election

Liberals' former ag minister among casualties

By ,
New Brunswick’s incumbent agriculture minister and opposition ag critic are among those returning to the legislative assembly as the provincial Tories locked in a governing majority. As of 9 p.m. CT Monday, incumbent Premier Blaine Higgs’ Progressive Conservatives, who went into the vote with a 22-seat minority government, were elected in 27 of 49 ridings. […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 20, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.