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(Dave Bedard photo)
General, Machinery

FCC launches new loan for young agri-businesspeople

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Canada’s federal farm lending agency is expanding its loan offerings in agribusiness and agrifood with a new program aimed at young businesspeople. Farm Credit Canada’s Young Entrepreneur Loan, launched Thursday in Ottawa during Canada Agriculture Day celebrations, will offer financing of up to $1 million per qualified applicant under age 40, at closed variable rates […] Read more
(PortMetroVancouver.com)
General, Markets, Reuters

Canada says TPP trade deal dead without U.S.

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Calgary | Reuters — The Trans-Pacific Partnership (TPP) trade deal cannot proceed without the United States, Canada said on Tuesday, even as Australia and New Zealand pledged to salvage it. U.S. President Donald Trump withdrew from the 12-nation TPP on Monday, following through on an election promise days after his inauguration. “This agreement was so […] Read more
(Photo courtesy Canada Beef Inc.)
General, Reuters

Canada not seen as U.S. target in NAFTA talks

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Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin […] Read more
A YourLink tower outside Weyburn, Sask. (YourLink.ca)
General, Machinery

Xplornet buying YourLink

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One of Canada’s biggest providers of rural broadband is set to expand its space in the Saskatchewan market by buying rural high-speed wireless provider YourLink. New Brunswick-based Xplornet Communications on Monday announced an all-cash $28.75 million deal with Victoria-based Vecima Networks for the “remaining assets” of Vecima’s YourLink business. YourLink, based in Saskatoon, is a […] Read more
Francois-Philippe Champagne, shown here last month in a holiday video message to constituents, has been named federal minister for international trade. (FPChampagne.liberal.ca)
General, Markets

Trade lawyer named federal trade minister

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Prime Minister Justin Trudeau’s latest mini-cabinet shuffle puts a Quebec lawyer specializing in international trade into the trade minister’s chair. Trudeau on Tuesday appointed Francois-Philippe Champagne, the rookie MP for the Shawinigan-area riding of Saint-Maurice-Champlain, as minister of international trade, replacing Chrystia Freeland. Freeland, as widely expected leading up to Tuesday’s announcement, becomes minister of […] Read more
Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)
General, Reuters

Trudeau to shuffle Dion out of foreign affairs

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Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will shuffle his cabinet this week and is set to move Foreign Minister Stephane Dion, who ran into political trouble last year, a person with knowledge of the matter said on Monday. “Dion is out,” said the person, who requested anonymity because of the sensitivity of […] Read more
Photo: File/Allan Dawson
General

Grain elevators applaud the Parliamentary Committee’s rail recommendations

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The Western Grain Elevator Association (WGEA) has added its voice to grain industry organizations praising a report from the Standing Committee on Transport, Infrastructure and Communities on rail transportation affecting grain shippers. Recommendations in the report broadly encompass the adjustments required to the Canada Transportation Act to ensure the Canadian economy prospers in the long […] Read more

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