$33 million announced to advance technology innovations in Alberta’s agriculture, agri-food, and forestry sectors

$33 million announced to advance technology innovations in Alberta’s agriculture, agri-food, and forestry sectors
  EDMONTON – Using drones to help reforest remote boreal environments. Reducing methane emissions from cattle by up to 90 per cent through feed additives. Leveraging artificial intelligence to optimize energy usage at a pulp mill. These are three of 17 technology innovations that will receive funding from the Government of Alberta through Emissions Reduction Alberta (ERA). Alberta’s Minister of... Read More

Free interprovincial trade once and for all

Free interprovincial trade once and for all
Canada’s GDP per capita would increase by 3.8 per cent simply by removing interprovincial trade barriers The theme of the post-COVID-19 economic recovery is on everyone’s lips, and there’s no shortage of debate about what should be done. According to some, the government should raise taxes on the rich, as if this were a way to promote growth. For others,... Read More

CN delivers thirteenth consecutive record month of Canadian grain movement

CN delivers thirteenth consecutive record month of Canadian grain movement
MONTREAL – CN (TSX: CNR) (NYSE: CNI) reported that it moved 2.95 million metric tonnes (MMT) of western Canadian grain in March 2021, exceeding the previous record of 2.74 MMT set in 2020 and 19% ahead of the three-year average of 2.47 MMT. During the first quarter of 2021, and despite the extreme temperatures experienced over large parts of CN’s... Read More

$25 million to support technology and business accelerators in Alberta

$25 million to support technology and business accelerators in Alberta
EDMONTON – Alberta Innovates is issuing a request for proposals for the development of business accelerators to vault Alberta’s promising start-ups and small and medium technology companies through scaleup and growth faster. Alberta has a scaleup gap. While half of all start-ups survive over five years, only 0.1 per cent of small firms become mid-sized, and only two per cent... Read More

Independent grocers are a dying breed

Independent grocers are a dying breed
Most Canadians don’t know that a lot of the innovation we’ve seen in food retailing in Canada has come from independents Most of us wouldn’t know if we were in an independently owned and operated grocery store unless a notice is posted somewhere as you enter the store or you ask someone. Canada regularly loses an independent grocer these days.... Read More

Canadian food autonomy takes a big step forward

Canadian food autonomy takes a big step forward
  HALIFAX – We learned recently that McCain Foods has upped the ante in TruLeaf Sustainable Agriculture and its wholly-owned subsidiary GoodLeaf Farms, Canada’s largest commercial vertical farming operation. McCain has invested $65 million in GoodLeaf, making it the single largest shareholder in the venture. The idea is to create a national network of sustainable vertical farms that will bring... Read More

Earth Alive announces closing of $5 million private placement

Earth Alive announces closing of $5 million private placement
MONTREAL – Earth Alive Clean Technologies Inc. (TSXV: EAC), a Canadian soil health company that develops and manufactures advanced microbial technology products, today announced the closing of a non-brokered private placement for gross proceeds of $5 million. “The Offering book was primarily comprised of European businesspersons and investors, directly or through related entities, including Messrs. Robert Taub, Eric Swenden, Christian... Read More

Elevate Farms announces closing of $6.2 million equity financing

Elevate Farms announces closing of $6.2 million equity financing
TORONTO – Elevate Farms Inc., a technology-driven vertically-stacked indoor farming ‎enterprise ‎reported it has closed a non-brokered ‎equity offering for a total of ‎$6,195,905.10 by way of the ‎issuance of 1,424,346 units ‎of the corporation at a price of $4.35 per unit.‎ The proceeds of the financing, completed with the assistance of Haywood Securities Inc. and Cormark Securities Inc., will... Read More

The hidden costs of feel-good stocks

The hidden costs of feel-good stocks
  WINNIPEG – The stakeholder-shareholder debate in finance has narrowed down to a false dichotomy between good capitalism and bad capitalism. Good capitalism means funding green energy to fight global warming, while bad capitalism means investing in fossil fuels, tobacco, or other “sin stocks.” However, the economic downturn should be a wake-up call to investors regarding the hidden costs of... Read More

Exceed Solar is addressing the growing threat to food security

Exceed Solar is addressing the growing threat to food security
EDMONTON – Visionstate Corp. (TSX-V: VIS) reported that Exceed Solar, a portfolio company of Visionstate Corp., has been successful in working with the University of Alberta in accessing grant funding to conduct advanced research on cold-climate greenhouses. The grant, which was secured through the University of Alberta’s Energy Management and Sustainable Operations, will provide funding to install Exceed’s high-tech solar-powered... Read More