Agfinity Inc. officially filed for bankruptcy on Nov. 25, just over a month since the Alberta grain brokerage shut down operations and laid off employees.
A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm.
The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Exporters have shipped soybeans from the busiest U.S. grains port at the fastest rate in nearly four years after rain raised water levels in the Mississippi River, government data showed.
Bilateral beef trade and Canada's dairy supply management system are top trade issues Canadian Agriculture Minister Lawrence MacAulay is prepared to confront with the incoming Trump administration, he said on Monday.
U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally.
Unifor said on Monday its members at Canadian National Railway have authorized a strike action at the railroad if the parties fail to reach an agreement by Jan. 1.
President-elect Donald Trump is expected to offer former U.S. Senator Kelly Loeffler the agriculture secretary job in his administration, CNN reported on Friday.
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.