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File photo of grain bins in Saskatchewan. (Chinaface/iStock/Getty Images)
General, Machinery, Markets

Over half Canada’s farm revenue now goes to biggest farms, census finds

More women operators, more sustainable practices, more growing under glass

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While it shouldn’t surprise anyone that the number of larger farms by sales in Canada is rising and the number of smaller farms is declining, Canada’s newest ag census also shows larger farm classes now capturing the majority of total ag revenue. Statistics Canada on Wednesday began releasing data from its 2021 Census of Agriculture, […] Read more
(Dave Bedard photo)
Crops, Machinery

Saskatchewan budget aims to spur ag investment

Potash, crude oil resource revenues help cut deficit

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Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects in Saskatchewan’s latest budget. Provincial Finance Minister Donna Harpauer on Wednesday released her 2022-23 budget with $17.6 billion in expenditures on $17.2 billion in revenues, […] Read more
Federal Finance Minister Chrystia Freeland appears at a news conference in Ottawa on Sept. 24, 2020. (Photo: Reuters/Blair Gable)
General, Markets, Reuters

Canada to wind down broad-based COVID aid programs

Feds opt for targeted measures as economy recovers

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Ottawa | Reuters — Canada will not extend existing broad-based COVID-19 support programs for companies and individuals when they expire on Saturday because the economy is recovering well, Finance Minister Chrystia Freeland said on Thursday. Instead, Ottawa will introduce more targeted and less costly measures for hard-hit sectors such as the tourism industry. The new […] Read more
Wana Brands’ lines of edibles available in the Canadian market include Indiva and Wana gummies, Bhang chocolate and Slow Ride baked goods, among others. The company is also developing cannabis-infused sugar and salt. (Screengrab from Indiva.com)
Crops, Reuters

Canopy eyes U.S. expansion via weed gummies maker

Ontario firm to pay US$297.5 million for Wana Brands

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Reuters — Canada’s Canopy Growth Corp. said on Thursday it would buy weed gummies maker Wana Brands for US$297.5 million, as the world’s biggest pot producer looks to expand in the U.S. cannabis market. Demand for pot edibles such as gummies has risen during the pandemic, as people stuck at home turn to cannabis-related products […] Read more
Aurora Cannabis in November 2019 opened a flagship retail store at the West Edmonton Mall, describing the 11,000-square foot shop as “both a retail cannabis store and an immersive experiential space.” (CNW Group/Aurora Cannabis Inc.)
Crops, Reuters

Aurora Cannabis revenue short of expectations on lower pot demand

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Reuters — Aurora Cannabis on Monday missed Wall Street expectations for fourth-quarter revenue as pandemic-related restrictions weighed down consumer demand, leading Canadian provinces to cut orders. U.S.-listed shares of the company, which also posted a bigger-than-expected quarterly loss, were down two per cent in extended trading. After more than three years into Canada’s legalization of […] Read more
Aurora Cannabis in November 2019 opened a flagship retail store at the West Edmonton Mall, describing the 11,000-square foot shop as “both a retail cannabis store and an immersive experiential space.” (CNW Group/Aurora Cannabis Inc.)
Crops, Reuters

Aurora Cannabis to shut one Edmonton plant

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Reuters — Aurora Cannabis said Tuesday it will shut down a facility at Edmonton, adding to the woes of the cash-strapped Canadian pot producer which has been reeling under the impact of the pandemic since last year. The company said medical distribution from the Aurora Polaris facility that is being shut down will move to […] Read more
Parking lot signage outside an advance polling station in Winnipeg’s Tuxedo Industrial area on Sept. 12, 2021. (Dave Bedard photo)
General

Federal agriculture minister leading on election night

CPC, NDP ag critics prevail; BQ critic in tight race

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Canada’s incumbent agriculture minister was among the MPs expected to hold onto their seats in Monday’s snap federal election, in which Justin Trudeau’s Liberals return with a second minority government. As of Tuesday morning just after midnight CT, Marie-Claude Bibeau was leading in her Sherbrooke, Que.-area riding of Compton-Stanstead by a spread of over 3,300 […] Read more

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