The Canadian Federation of Independent Business is asking the federal government to re-assess its subsidies for electric vehicles and battery manufacturing in Canada.
Tag Archives agribusiness
Government support for electric vehicle sector threatens agriculture says federation
Nominations open for international Women in Ag Award
Women who’ve made an exceptional contribution to the industry can be nominated
Do you know a woman working in agriculture that has made an outstanding contribution to the industry? If so, a nomination to receive an international “Women in Ag Award” may be in order. DLG, the German Agricultural Society, which hosts the farm shows Agritechnica and the animal husbandry-focused EuroTier in Hannover, Germany, is accepting nominations […] Read more
Ag tech venture capital stays on sidelines
Entrepreneurs need patience, more plan to achieve profitability to unlock investment
Agriculture venture capital investment was an outlier in 2023, as it increased slightly over 2022, according to the Canadian Venture Capital Association (CVCA). However, that news belied pessimism on the state of ag tech at the recent Agri Tech Venture Forum in Toronto. The forum heard that the availability of capital for agriculture technology entrepreneurs has dried up significantly compared to the heady days of investment growth during the pandemic years.
Paterson buys out P&H’s share of Alliance Seed
Alliance Seed's operations won't be effected the companies said
Paterson Grain has bought out Parrish & Heimbecker's (P&H) share in Alliance Seed Corporation, the companies announced Dec. 8.
Activists target Ontario hog farm with ransomware
'We are dealing with adversaries whose motivation is not money'
A ransomware on a small Ontario hog business is something a cybersecurity expert says needs more attention from the agriculture industry. Instead of cash, the attackers demanded the hog business owners publicly admit to what they alleged to be livestock mistreatment. The occurrence was unique and alarming, says Ali Dehghantanha, Canada research chair in cybersecurity […] Read more
U.S. ag businesses want Biden to allow more investment in Cuba
Canadian investment 'significant' in Cuban business
Havana | Reuters — U.S. agribusinesses, on a trade tour in Cuba, said on Tuesday they were “losing” in their bid to boost commerce with Cuban farmers and called on the Biden administration to ease restrictions and allow them to invest in private agriculture on the island. U.S. President Joe Biden last May loosened restrictions […] Read more
Rabobank to offer Canadian farm-level lending
Dutch co-operative bank's Canadian arm to loan directly to farmers, starting on Prairies
Updated — A global financing firm operating at higher altitudes in Canada’s food and agrifood sector now plans to expand its business down to the farm and ranch level. The Canadian arm of Rabobank — an Amsterdam-based farmer co-operative lender, providing banking, leasing and real estate services in more than 38 countries — announced Tuesday […] Read more
U.S. extends COVID vaccine requirements for non-citizens at land borders
U.S. agribusinesses still seeking exemptions for cross-border truckers
Washington | Reuters — The United States government said Thursday it’s extending a requirement that non-U.S. citizens crossing land or ferry terminals at the U.S.-Canada and U.S.-Mexico borders must be vaccinated against the coronavirus. The requirements were first adopted in November as part of reopening the United States to land crossings by foreign tourists after […] Read more
The Andersons to pay debt, invest in core units after rail business sale
Renewable fuels, specialty foods investments considered
Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable farming and low carbon initiatives in its core grain and fertilizer units, CEO Pat Bowe told Reuters on Tuesday. Maumee, Ohio-based Andersons sold its rail […] Read more
Ex-Viterra chief Schmidt named Nutrien’s new CEO
Chuck Magro stepping down for 'new opportunities'
Canadian fertilizer and ag retail giant Nutrien has tapped a familiar name in agribusiness to lead the company, as the CEO it’s had since birth steps aside. Saskatoon-based Nutrien said Monday its board has named its current chairman, Mayo Schmidt, as the company’s new CEO. Replacing Schmidt as Nutrien’s chair is Russ Girling, former CEO […] Read more
Cyber-Savvy Farmer
