Ontario flour miller Dover Industries has signed a deal to buy the Cereal Foods Canada flour mill at Montreal. The deal, for an undisclosed sum, is expected to close by the end of this month, the company said in a release Thursday. The mill’s current management and staff will remain to “ensure current customer service […] Read more
Dover buys Montreal flour mill
Canadian Pork Council names new president
Alberta hog producer Jurgen Preugschas has been named the new president of the Canadian Pork Council, replacing Ontario producer Clare Schlegel after four years at the organization’s helm. Pruegschas, who farms at Mayerthorpe, about 120 km northwest of Edmonton, is joined by a newly elected executive committee including first vice-president Jean-Guy Vincent of Ste-Seraphine, Que., […] Read more
Que. ag venture capital agency antes up
Capital Financiere agricole, the venture capital arm of Quebec’s provincial ag lending agency, la Financiere agricole de Quebec, boosted its new investments by almost 40 per cent in its last fiscal year. In its report for the year ending March 31, released Thursday, CFAI said it had authorized 12 new investments worth $5.7 million, a […] Read more
P.E.I. nitrate panel urges mandatory rotations
Potato growers on Prince Edward Island would be required to adopt a mandatory three-year crop rotation under recommendations from the provincial commission on nitrates in groundwater. The commission’s report was presented to the provincial cabinet Tuesday and is expected to be formally tabled in the legislature this fall. “In the interim, government will begin the […] Read more
B.C. farm assessment panel co-chair replaced
About six months into its 18-month assignment, British Columbia’s Farm Assessment Review Panel has replaced its co-chair. Peace River South MLA Blair Lekstrom, who was named in February as the panel’s co-chair along with Saanich Mayor Frank Leonard, resigned from the panel after he was named the province’s new community development minister in last month’s […] Read more
Quebec to lift yellow margarine ban: report
Quebec’s government plans to end its 20-year-old regulation that prohibits margarine sold in the province from having a yellow colour, Quebec media reported Tuesday. Quebec farm newspaper La Terre de chez nous and a Montreal report in Toronto’s Globe and Mail both said the move is the result of pressure from other provinces to harmonize […] Read more
McCain cuts shift at P.E.I. fry plant: CBC
McCain Foods will cut one of four shifts at its Borden, P.E.I. french fry plant, meaning layoffs for 40 workers, CBC reported Tuesday. The layoffs, affecting about 20 per cent of the plant’s workforce, are effective Aug. 25, the broadcaster said. CBC quoted Jamie MacKenzie, the plant’s manager, as citing low-priced competition weakening demand for […] Read more
Glacier buys into Iron Solutions
Glacier Ventures International, owners of this web site and several of Canada’s major farm publications, has bought an equity stake in online farm equipment marketing company Iron Solutions. Specific terms of Vancouver-based Glacier’s investment weren’t disclosed, other than its joint purchase of a 90 per cent stake in Iron Solutions in partnership with New York […] Read more
Agrium buys European fertilizer distributor
Common Market Fertilizers, one of the largest fertilizer distributors in Western Europe, has a new Canadian owner. Calgary-based fertilizer firm Agrium has sealed its deal to buy a 70 per cent equity stake in CMF for an undisclosed sum, giving Agrium “important access to major distribution assets across Europe.” The deal “is key to expanding […] Read more
Warm weather favours some Man., Sask. crops
Warm, dry conditions last week have allowed some Manitoba crops to catch up but have cooked other crops, especially in Saskatchewan. The weather allowed farmers in Saskatchewan to make good progress with haying, with 26 per cent of the first cut having been cut, baled or silaged compared to just six per cent the previous […] Read more