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Hemp

A hemp plant in Alberta. (Jennifer Blair photo)
Crops, Reuters

Cannabis firm Aphria mulls sale of U.S. unit

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Reuters — Canadian cannabis company Aphria said Thursday it was exploring “strategic alternatives,” including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country. Earlier this year, the U.S. Department of Justice revoked an Obama administration policy that discouraged federal prosecutors from pursuing marijuana-related crimes in states that had […] Read more
(Nuuvera.com)
Crops

Ontario medical marijuana producers plan major merger

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A southwestern Ontario greenhouse firm billed as one of Canada’s lowest-cost medical marijuana producers plans to expand its reach by buying a rival firm sourcing cannabis worldwide for processing. Aphria Inc., based at Leamington, Ont., announced Monday it has locked in a cash-and-stock deal to buy Toronto-based Nuuvera Inc. for $826 million. The deal, expcted […] Read more
U.S. trade negotiators are skeptical of a Canadian suggestion that North American content in automobiles would be higher if the value of software and related materials produced by the three NAFTA nations were taken into account. (Ford.ca)
General, Markets, Reuters

U.S. rejects proposals to unblock NAFTA, but will stay in talks

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Montreal | Reuters — U.S. President Donald Trump’s trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trilateral pact. Trump, who described the 1994 pact as a disaster that has drained manufacturing jobs to Mexico, […] Read more
(WholeFoodsMarket.com)
General

Feds pledge funds for organic standards review

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A review and update of Canada’s organic standards for compliance with international norms will get federal funding to make sure it’s complete by its 2020 deadline. Agriculture Minister Lawrence MacAulay on Friday announced the government will foot the “necessary funds” to the Canadian General Standards Board (CGSB) to cover the cost of the 2020 Canadian […] Read more
(Dave Bedard photo)
General, Markets

U.S. anti-trade agenda could benefit Canadian ag

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Winnipeg | CNS Canada — As U.S. President Donald Trump follows his “America first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry, according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Markets, Reuters

NAFTA negotiations grind on

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Montreal | Reuters — U.S. negotiators are holding firm in their demands for a wide-ranging overhaul of NAFTA, sources close to the talks said on Thursday, raising questions about whether any real movement is happening at the latest round of negotiations on the treaty. Officials from Canada, Mexico and the U.S. are in Montreal for […] Read more
(CBSA-asfc.gc.ca)
General, Markets, Reuters

Canada unveils ideas to save NAFTA

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Montreal | Reuters — Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious U.S. demands for revamping the 1994 pact while Prime Minister Justin Trudeau urged top U.S. executives to back free trade. The sixth and penultimate round of negotiations to update the North American Free Trade Agreement (NAFTA) opened in […] Read more

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