3 farmers to plead guilty in organic grain fraud scheme

3 farmers to plead guilty in organic grain fraud scheme
IOWA CITY, Iowa — Three Nebraska farmers will plead guilty to knowingly marketing non-organic corn and soybeans as certified organic as part of a lengthy, multi-million-dollar fraud scheme, federal prosecutors revealed Thursday. Tom Brennan, his son James Brennan and family friend Michael Potter have each agreed to plead guilty to one count of wire fraud. Their plea hearings are scheduled... Read More

A look at the range of reactions to the new USMCA deal

A look at the range of reactions to the new USMCA deal
Here’s what political and industry leaders are saying about the new U.S.-Mexico-Canada Agreement: ____ “It’s an agreement that, when enacted, will be good for Canadian workers, good for Canadian business, and good for Canadian families. It’s an agreement that removes uncertainty for our manufacturers and investors,  and improves labour rights for all North Americans. And it’s an agreement that will... Read More

Manufacturers relieved, dairy farmers angry in wake of NAFTA replacement deal

Manufacturers relieved, dairy farmers angry in wake of NAFTA replacement deal
Reaction from Canadian business groups to the terms of a renegotiated trade pact between Canada, the U.S. and Mexico range from relief to dismay as the details of the proposed new pact begin to sink in. The deal, which U.S. President Donald Trump said he plans to call the United States Mexico Canada Agreement (USMCA), was reached late Sunday night amid 11th-hour... Read More

Organic farming goes for scale in prairies, pushes back on skepticism

Organic farming goes for scale in prairies, pushes back on skepticism
Travis Heide was raised on a conventional farm and used to take it personally when his wife, who grew up on an organic farm on Vancouver Island, talked about going pesticide and fertilizer-free. Now, his the Saskatchewan-based farmer owns one of the biggest organic farms in Canada. “Every time she talked about organic, it was like she was attacking the way I was... Read More

‘More effective than a carbon tax:’ Saskatchewan digs in heels on climate change

‘More effective than a carbon tax:’ Saskatchewan digs in heels on climate change
MOOSE JAW, Sask. — The Saskatchewan government is doubling down on its climate change strategy and continues to defy Ottawa’s demand it put a price on carbon emissions. Environment Minister Dustin Duncan says the province is expanding emission limits based on production for facilities such as potash mines and pulp mills. Those facilities generate 11 per cent of the province’s emissions.... Read More

Saskatchewan fiscal update: More revenue; more spending; smaller deficit

Saskatchewan fiscal update: More revenue; more spending; smaller deficit
REGINA — The Saskatchewan government says higher oil and potash prices will mean more money for the province this year. But more spending on health care, social services and public-sector pensions will eat up a good portion of that windfall. The provincial Finance Ministry has released its first-quarter update showing a deficit of $306 million, nearly $60 million smaller than forecast in the April budget.... Read More

Union calls for Canada to buy back Canadian Wheat Board from Saudis over spat

Union calls for Canada to buy back Canadian Wheat Board from Saudis over spat
OTTAWA — A union representing transportation workers in Churchill, Man., is calling on Ottawa to buy back the Canadian Wheat Board from a Saudi consortium in light of the diplomatic spat between the two countries. The Union of Canadian Transportation Employees which represents Churchill port workers says Saudi Arabia’s decision to stop buying Canadian wheat and barley shows it won’t put the interests... Read More

Canada’s cattle producers tightening their belts as drought diminishes pastures

Canada’s cattle producers tightening their belts as drought diminishes pastures
Cattle producers on the Prairies are hoping for the best but preparing for the worst as an ongoing drought continues to diminish pastures. “If it’s not a make-or-break issue for (farmers) financially, for some it may be a make-or-break issue for them emotionally,” said Charlie Christie, chairman of the Alberta Beef Producers. “It’s a stressful thing.” Last year’s season ended... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,420.84, down 14.62 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 34 cents, or 4.62 per cent, to $7.70 on 10.3 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down seven cents, or 1.44 per cent, to $4.78 on 9.1 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $1.91, or six... Read More

Nutrien sells stake in Arab Potash for $502 million to China’s SDIC Mining

Nutrien sells stake in Arab Potash for $502 million to China’s SDIC Mining
CALGARY — Nutrien Ltd. has agreed to sell its stake in Arab Potash Co. for $502 million to a Chinese state-owned company. The Canadian fertilizer producer was required to sell its stake in Arab Potash to win China’s and India’s approval for the merger of Agrium and PotashCorp into one company, now called Nutrien. Nutrien’s 23.3 million shares of Arab... Read More