Winnipeg/Ottawa | Reuters — A lockout of longshore workers at Canada’s biggest port, the Port of Vancouver, ended in a deal on Thursday after a few hours, averting a potentially massive shipping disruption, the workers’ union and employers association said. The lockout was immediately lifted and the union also withdrew its strike notice, according to […] Read more
Update: Vancouver lockout of longshoremen ends
New Bunge CEO looks to downsize company before growing again
New York | Reuters — The new chief executive of oilseed processor Bunge said Wednesday that the company needs to downsize in the short term and earn “the right to grow again,” by avoiding costly mistakes and operating with financial discipline. “We’re going to let the numbers drive what should happen for us. First, we […] Read more
Label problem caused China’s suspension of two pork shippers
Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more
Canada promises farm aid amid China canola spat
Ottawa/Winnipeg | Reuters — Canadian Prime Minister Justin Trudeau on Tuesday said Ottawa would soon announce help for canola farmers hurt by a China ban on imports of the oilseed but brushed off calls to pull funding for a Chinese-led investment bank. China and Canada are locked in a diplomatic and trade dispute that has […] Read more
Canadian farm exports hit new Chinese obstacles amid diplomatic dispute
Winnipeg/Beijing | Reuters — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richardson International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola […] Read more
Canadian farmers to reduce canola plantings by seven per cent
Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more
China blocks some Richardson canola shipments
Beijing/Kabul | Reuters — China has canceled Canadian agribusiness Richardson International’s registration to ship canola to China, the company said on Tuesday, the latest sign of tensions between Ottawa and Beijing. It was not immediately clear why exports to China by Richardson, the world’s top importer of canola, had been halted. Canada and China are […] Read more
Canadian canola runs into Chinese delays after Huawei arrest
Winnipeg/Beijing | Reuters — A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports and causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief financial officer Meng Wanzhou in […] Read more
Bankrupt oil firms must clean up inactive wells, Supreme Court rules
Ottawa/Winnipeg | Reuters — Canada’s Supreme Court ruled on Thursday that bankrupt oil companies must clean up inactive wells, overturning lower court decisions that prioritized paying creditors and potentially raising the risks of investment in the industry. The 5-2 ruling means that the Alberta Energy Regulator (AER), which had appealed the earlier court decisions, can […] Read more
Rail now moving fluidly through Vancouver, CN says
Winnipeg | Reuters — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway said Friday. Canadian National and rival Canadian Pacific Railway were rationing space on trains travelling in the Vancouver area and prioritized some commodities over others to deal with congestion, causing complaints […] Read more
Canadian Cattlemen Presents: Depth of Field
