(MGC.com.au)

Saputo to buy Australian dairy co-op Murray Goulburn

Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more

(Xplornet screengrab via YouTube)

Xplornet to buy NetSet

A rural broadband provider serving over 500 Manitoba municipalities and communities is set to be absorbed into one of Canada’s biggest rural operators. Xplornet Communications announced Monday it has signed a deal to buy the internet access business of Brandon-based NetSet Communications. Financial terms of the deal for the privately-held Manitoba company weren’t disclosed, except […] Read more



Tax return storage at the Canada Revenue Agency. (Canada.ca)

Ottawa scraps plans for new limits on capital gains

The federal finance ministry has backed away from proposed plans for new limits on capital gains exemptions, over concerns of “unintended consequences” for businesses such as farms. Finance Minister Bill Morneau on Thursday announced the federal government “will not be moving forward with measures that would limit access to the LCGE (lifetime capital gains exemption),” […] Read more


Technology Access Centre chalks up its first year

Research: News Roundup from the October 2017 issue of Canadian Cattlemen

The Technology Access Centre (TAC) for Livestock Production at Olds College, Olds, Alta., has moved from a funding announcement little more than a year ago to a full-fledged service under the umbrella of the college’s applied research arm, the Centre for Innovation. TAC was established with a National Science and Engineering Research Council (NSERC) grant […] Read more

(AlbertaCheese.com)

Dairy co-op Gay Lea buys Calgary cheesemaker

Ontario dairy farmer co-operative Gay Lea Foods’ plans for expansion into Western Canada now include Calgary cheesemaker Alberta Cheese Company. Gay Lea announced Monday it has bought the family-owned processor, effective Friday (Oct. 13), for an undisclosed sum. Set up in 1976 by cheesemaker Frank Talarico, Alberta Cheese makes “traditional” Italian cheeses for sale under […] Read more



(DairyGoodness.ca)

Butter stocks drive eastern dairy quota increase

Increasing demand for dairy products — including a need to build butter stock — has meant a one per cent increasing in saleable dairy quota, and incentive days from November to March 2018, for eastern Canadian dairy farmers. The P5 dairy farm boards, representing Quebec, Ontario, New Brunswick, Prince Edward Island and Nova Scotia, announced […] Read more