General & Production Tips

Agriculture and Agri-Food Minister, Lawrence MacAulay. Photo: parl.gc.ca

MacAulay to visit China on trade mission to boost food exports

By Grainews Staff, GFM Network News November 10, 2017

Agriculture and Agri-Food Minister, Lawrence MacAulay, will lead a trade mission next week to China as part of Canada’s efforts to double bilateral trade with that country and grow global agri-food exports to $75 billion by 2025. A news release distributed on Nov. 9, said, “with a population of 1.4 billion people, and a growing appetite for high-quality Canadian food products, […] Read more

Japan’s Imperial Palace and Nijubashi Bridge, in Tokyo. (CIA.gov)

General, Markets, Reuters

TPP talks without U.S. near final stretch

By Reuters, GFM Network News November 1, 2017

Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial […] Read more

General, Machinery

Xplornet to buy NetSet

By Grainews Staff, GFM Network News October 23, 2017

A rural broadband provider serving over 500 Manitoba municipalities and communities is set to be absorbed into one of Canada’s biggest rural operators. Xplornet Communications announced Monday it has signed a deal to buy the internet access business of Brandon-based NetSet Communications. Financial terms of the deal for the privately-held Manitoba company weren’t disclosed, except […] Read more

General

Greig: Federal tax backtracks aside, much of impact still unknown

By GFM Network News October 20, 2017

The Canadian Association of Farm Advisors’ annual tax update showcased confusion and frustration at the federal government’s shifting plan to change how small business is taxed. “I was very, very offended by all of this,” said Kurt Oelschlagel, of BDO Canada, who was part of a panel on the government changes at the CAFA event, […] Read more

Tax return storage at the Canada Revenue Agency. (Canada.ca)

General

Ottawa scraps plans for new limits on capital gains

By Grainews Staff, GFM Network News October 19, 2017

The federal finance ministry has backed away from proposed plans for new limits on capital gains exemptions, over concerns of “unintended consequences” for businesses such as farms. Finance Minister Bill Morneau on Thursday announced the federal government “will not be moving forward with measures that would limit access to the LCGE (lifetime capital gains exemption),” […] Read more

General, Reuters

Loblaw cuts 500 jobs, plans to reinvest in e-commerce

By GFM Network News October 16, 2017

Toronto | Reuters — Grocery chain Loblaw Co. Ltd. is cutting about 500 jobs across the company, and plans to reinvest the savings into digital and e-commerce services, the company said on Monday. The job cuts, which began on Monday and make up 0.25 per cent of the Toronto-based company’s workforce, will apply to executive […] Read more

Prime Minister Justin Trudeau on Oct. 3 in Ottawa. (PM.gc.ca)

General, Reuters

Feds pledge lower small business tax rate

By Grainews Staff, Reuters, GFM Network News October 16, 2017

UPDATED, Oct. 16 — The federal government says it will cut the small business tax rate to nine per cent from 10.5, a move seen as an attempt to counter a growing backlash against its July tax reform announcement. Prime Minister Justin Trudeau and Finance Minister Bill Morneau appeared side-by-side in Toronto’s far suburbs to […] Read more

A 2018 Ram 1500 pickup. (FCANorthAmerica.com)

General, Machinery, Markets, Reuters

U.S. stance on autos sows more doubt about NAFTA overhaul

By GFM Network News October 13, 2017

Arlington, Va. | Reuters — The Trump administration on Friday demanded that U.S.-made content account for half the value of the cars and trucks sold under the North American Free Trade Agreement, raising further doubts about any potential deal to renew the pact. Three sources briefed on the protectionist U.S. proposal, which is in line […] Read more

General, Machinery, Weather

Insurer SGI Canada sets up farm unit

By Grainews Staff, GFM Network News October 12, 2017

The property and casualty arm of Saskatchewan’s Crown insurance agency has set up a new unit zoned strictly agricultural. SGI Canada — the Regina-based property and casualty insurance provider which operates in tandem with the Saskatchewan Auto Fund, the Crown auto insurer — on Wednesday launched a new Farm Business Unit with “a specialized team […] Read more

Prime Minister Justin Trudeau attends a science fair at the Office of the Prime Minister and Privy Council in Ottawa on Sept. 26. (PM.gc.ca)

General, Markets, Reuters

U.S. hikes NAFTA tension with call for ‘sunset clause’

By GFM Network News October 12, 2017

Arlington, Va. | Reuters — Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday. The proposal for a so-called sunset clause — just one of a series […] Read more

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General

MacAulay to visit China on trade mission to boost food exports

TPP talks without U.S. near final stretch

Xplornet to buy NetSet

Greig: Federal tax backtracks aside, much of impact still unknown

Ottawa scraps plans for new limits on capital gains

Loblaw cuts 500 jobs, plans to reinvest in e-commerce

Feds pledge lower small business tax rate

U.S. stance on autos sows more doubt about NAFTA overhaul

Insurer SGI Canada sets up farm unit

U.S. hikes NAFTA tension with call for ‘sunset clause’

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