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File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
General, Markets, Reuters

Trudeau summons top grocers over rising food prices

Major grocers' level of profit 'does not make sense,' PM says

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Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to cut federal taxes on new rental buildings, as he fights an affordability crisis that has dented his party’s opinion poll ratings. After meeting with Liberal […] Read more
Water flows through a washed-out culvert on the CN rail mainline at Truro, N.S. on July 23, 2023. (Photo: Nigel Gloade/Millbrook First Nations/Handout via Reuters)
General, Weather

Nova Scotia farmers granted late AgriStability entry

Enrolment for 2023 now an option until Dec. 31, 2024

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Nova Scotia farmers who aren’t in on AgriStability for 2023 and whose operations were hit hard by weather events this spring and/or summer now have until the end of next year to enroll. The Nova Scotia and federal governments on Friday announced enrolment for the ag income stabilization program, which ended on April 30, has […] Read more
(Bhofack2/iStock/Getty Images)
Crops, Markets, Reuters

U.S. food companies go deal hunting as pandemic growth fades

Twinkies maker Hostess exploring a sale

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Reuters — U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off. Last month, Campbell Soup struck a $2.7 billion deal for Rao’s sauce maker Sovos Brands (all figures US$). Unilever bought […] Read more
(Subjug/iStock/Getty Images)
Dairy Cattle, Livestock, Markets

New Zealand, Canada each claim wins in CPTPP dairy dispute

Dispute panel knocks Canada's dairy access rules

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A dispute settlement panel called by New Zealand under the Trans-Pacific Partnership (CPTPP) trade pact has ruled Canada’s limits on dairy market access cramp its agreed-upon obligations. But despite the panel’s findings in New Zealand’s favour, Canada is also framing the panel’s ruling as a win — as it also generally upholds Canada’s ability to […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Deal for Subway chain worth up to US$9.55 billion

Arby's, Jimmy John's parent wins with 'earn-out' deal

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New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to US$9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that […] Read more
The McDougall Creek wildfire burns outside West Kelowna, B.C. on Aug. 18, 2023. (Photo: Reuters/Chris Helgren)
General, Weather

B.C. wildfires intensify, evacuation orders double

Rain helping slow fires near Yellowknife

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Kelowna | Reuters — Forest fires in British Columbia intensified on Saturday, with the number of people under evacuation orders doubling from a day earlier, as authorities warned of difficult days ahead. The province declared a state of emergency on Friday to access temporary authoritative powers to tackle fire-related risks, as out-of-control fires ripped through […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

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Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more
Tiffany Wood, a Scottish physicist is CEO of Dyneval, a company with new semen analyzing technology. Photo: John Greig
Beef Cattle, Dairy Cattle, Livestock

At Ag in Motion: New tester monitors bull fertility

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Glacier FarmMedia – Slow-swimming bull sperm will have no place to hide. A Scottish company, Dyneval, has created a new semen analyzer that measures a wider range of concentrations of semen than previous testing methods. This will allow veterinarians, beef and dairy producers to have more control over semen quality. The Dynescanl analyzer is also […] Read more
David Wiens. (Photo: CNW Group/Dairy Farmers of Canada)
Dairy Cattle, Livestock

Manitoba dairyman named to lead national body

David Wiens elected president of Dairy Farmers of Canada

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The vice-president of Dairy Farmers of Canada has levelled up to lead the organization following elections at its annual meeting Wednesday in Winnipeg. David Wiens, who farms with his brother at Grunthal, Man., about 50 km southeast of Winnipeg, replaces Pierre Lampron, an organic dairy farmer in Quebec’s Mauricie region and DFC president since 2017. […] Read more
(Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock

Dates moved up in dairy sector’s CUSMA compensation calendar

Calculation date will shift to Aug. 31

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Changes are being made to the timetable for the remainder of the program compensating Canada’s dairy farmers for market share lost to recent multilateral trade deals. The Dairy Direct Payment Program (DDPP), which issued $1.75 billion over four payments from 2019 to 2023 to compensate for the Canada-European Union (CETA) and Trans-Pacific Partnership (CPTPP) trade […] Read more

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