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Cannabis

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Crops, Reuters

Canada weighs tighter rules for grow-your-own pot producers

Spending on illicit pot still ahead of legal purchases

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Reuters — Canada on Monday launched a public consultation seeking to tighten rules for individuals who are allowed to grow their own medical cannabis, in an effort to clamp down on pot seeping into black markets. In a draft guidance issued for the consultation, Health Canada highlighted recent police raids and arrests at production sites […] Read more
(Thinkstock photo)
General, Markets

Farm cash receipts up in 2020

Crop receipts and direct payments up, livestock slightly lower

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MarketsFarm — New data from Statistics Canada on Tuesday showed Canadian farm cash receipts went up in 2020, despite the COVID-19 pandemic, on the strength of rising crop prices and exports. The total value of farm cash receipts in the country totalled $71.7 billion in 2020, an 8.1 per cent increase from the previous year. […] Read more
Tom Vilsack speaks to farmers at a rural agricultural co-operative at Guira de Melena in Cuba on Nov. 13, 2015. (Photo: Reuters/Alexandre Meneghini)
General, Markets, Reuters

U.S. Senate confirms Vilsack as Biden’s ag secretary

Pandemic leaves USDA 'a lot of work to do'

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Reuters — The U.S. Senate on Tuesday confirmed Tom Vilsack to head the Department of Agriculture, returning the former Iowa governor to the job he held under ex-President Barack Obama. The 100-member Senate approved Vilsack 92-7. He needed a simple majority in the Democratic-controlled chamber to be confirmed. As secretary of the sprawling department, Vilsack […] Read more
Incoming WTO director-general Ngozi Okonjo-Iweala takes part in an online meeting before speaking during an interview with Reuters in Potomac, Maryland on Feb. 15, 2021. (Photo: Reuters/Joshua Roberts)
General, Markets

Canada hails new WTO chief

Trade body names first African, and first female, DG

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Canada is lending its support to the World Trade Organization’s (WTO) choice for its new director general. Ngorzi Okonjo-Iweala was chosen Feb. 15 by WTO members as the international trade body’s new head, making her the first woman and the first African to serve in the role. Mary Ng, Canada’s minister of small business, export […] Read more
University of Guelph professor Evan Fraser, shown here in cartoon form discussing food security initiative “Feeding 9 Billion,” has been named co-chair of the new Canadian Food Policy Advisory Council. (Feeding9Billion.com video screengrab via YouTube)
General, Machinery, Markets

Advisory council named to steer national Food Policy

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Development of Canada’s Food Policy is taking a major step forward with the naming Friday of a new advisory council featuring industry, academic and government members tasked with guiding the policy. Public consultations on a “Food Policy for Canada” started in 2017, leading to the release of a 2018 report from Agriculture and Agri-Food Canada […] Read more
(Juanmonino/iStock/Getty Images)
Crops, Markets, Reuters

Cash-strapped pot producers raise billions in market rally

Cannabis firms seen as down in the weeds until recent surge

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Reuters — A political shift in the United States has unlocked an estimated US$1.38 billion jackpot for struggling pot producers who have cashed in on a surge in their shares since President Joe Biden’s election in November. Cannabis producers have issued stock worth this amount in the first five weeks of 2021, investment firm Viridian […] Read more
Signage on a Tweed retail outlet in Winnipeg. (Dave Bedard photo)
Crops, Reuters

Pot producer Canopy Growth sees profit in 2022

Costs cut, revenue increasing

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Reuters — Canopy Growth Corp., the world’s largest pot producer, said on Tuesday it expects to turn a profit in the second half of 2022 after aggressive cost-cutting and higher demand for cannabis products helped narrow third-quarter losses. Canadian pot producers have been under pressure from investors seeking returns as profits remain elusive due to […] Read more
(Fudio/iStock/Getty Images)
Crops, Reuters

People growing too much pot at home, Health Canada warns

Pressure on to prevent abuse of home-grow program

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Reuters — Health Canada on Thursday raised concerns about the large quantity of medical marijuana people were growing at home, after its data showed a significant jump in daily average production permitted by health care practitioners. While the practitioners can allow registered patients to grow a limited amount at home for personal use, the regulator’s […] Read more
Environment Minister Jonathan Wilkinson, with Infrastructure Minister Catherine McKenna (l) and Heritage Minister Steven Guilbeault (r), speaks at the Dominion Arboretum in Ottawa on Dec. 11, 2020. (Photo: Reuters/Blair Gable)
Crops, Machinery, Weather

New greening programs planned for ag alongside carbon tax hike

Carbon price to hit $170 per tonne by 2030

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A new federal climate plan which further cranks up taxes on carbon emissions also includes pledges of new programs to help sink more carbon into farmland. The government on Friday released the sequel to its 2016 Pan-Canadian Framework on Clean Growth and Climate Change — a “strengthened” climate plan, titled A Healthy Environment and a […] Read more
Prime Minister Justin Trudeau attends a news conference on COVID-19 response on Nov. 6, 2020 in Ottawa. (File photo: Reuters/Patrick Doyle)
General, Markets, Reuters

U.S. border restrictions to last a long time yet, Trudeau says

COVID would need to be 'significantly more under control'

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Ottawa | Reuters — Canada will not agree to lifting a ban on non-essential travel with the United States until the coronavirus outbreak is significantly under control around the world, Prime Minister Justin Trudeau said on Tuesday. Trudeau’s comments were a clear indication that the border restrictions will last well into 2021. The two neighbours […] Read more

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