Mayo Schmidt, shown here in Winnipeg in 2007, led Viterra until 2012. (Dave Bedard photo)

Ex-Viterra chief to take Ontario’s Hydro One public

The chief executive who morphed Saskatchewan Wheat Pool from a debt-crushed grain handler into Viterra, then oversaw its sale to Glencore, has been tapped to take Ontario’s Crown-owned power utility public. Toronto-based Hydro One on Thursday announced Mayo Schmidt as its new president and CEO effective Sept. 3, replacing Carmine Marcello. “We believe that Mr. […] Read more



Claude Mongeau. (CN.ca)

Tumour surgery to sideline CN chief

The CEO of Canada’s biggest rail network expects to be off work until late fall for surgery and radiation treatments on a precancerous tumour. Canadian National Railway’s (CN) chief executive Claude Mongeau said Wednesday he expects to have surgery either near the end of this month or early in September, to remove a rare type […] Read more






(Dave Bedard photo)

Diesel prices seen softening soon

CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more

(Dave Bedard photo)

Reactions mixed on U.S. biofuel policy role in Canadian market

CNS Canada — The climate of the Canadian renewable fuel market could shift when the U.S. Environmental Protection Agency finalizes its new targets, some industry professionals say. Revised biofuel targets recently proposed by the EPA would reduce standards put in place in 2007. The changes would adjust Renewable Fuel Standard (RFS) regulations by reducing volume […] Read more