Coop federee president Ghislain Gervais speaks to the co-operative’s AGM Feb. 23 in Quebec City. (CNW Group/La Coop federee)

Coop federee cracks $6 billion mark in revenues

Revenues for expansion-minded Quebec agrifood and retail co-operative La Coop federee crossed the $6 billion mark in fiscal 2016, leading to a substantial jump in patronage dividends to producers. The co-operative at its annual meeting reported earnings, before patronage dividends and income taxes, of $275.44 million on $6.335 billion in revenues for fiscal 2016, up […] Read more





(Dave Bedard photo)

Viterra results offset Glencore’s improved year-end

Commodity giant Glencore’s efforts to ratchet down its debts paid off in fiscal 2016 — though “challenges” weighed on the ledger for its Viterra grain handling arm. Swiss-based Glencore on Thursday released preliminary results for 2016, booking net income attributable to equity holders of $1.379 billion on $152.948 billion in revenues, up from an $8.114 […] Read more

(Lightlife.com)

Cash-rich Maple Leaf sees abundant U.S. opportunities

Reuters — Canadian meat packing company Maple Leaf Foods is hunting for acquisitions in the U.S., after years spent upgrading old factories and shedding business lines, its CEO said on Wednesday. Maple Leaf, which reported on Wednesday its profits doubled in the fourth quarter, sees growth opportunities from meat produced humanely and without antibiotics, and […] Read more


A rail car from SGCC’s fleet. (Dave Bedard photo)

Warm Saskatchewan weather spells early load limits

A long spell of spring-like weather in Saskatchewan’s southwest has softened roads to the point where winter weights are about to be removed. Increased winter weights will end in southwestern Saskatchewan, including several major roads and 70 rural municipalities, starting at 12:01 a.m. Friday (Feb. 24), the provincial highways department announced Wednesday. Affected roads will […] Read more



(Dow.com)

EU regulators reported set to clear Dow, DuPont deal

Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more