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Tag Archives Competition Bureau

(Stephen Ausmus photo courtesy ARS/USDA)
Cereals, Crops

Major retailers say federal bread pricing probe underway

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Major Canadian grocery retailers Metro and Loblaw say a federal investigation is underway concerning the pricing of certain commercial bread products. Toronto-based Loblaw and its parent firm, George Weston Ltd., announced Tuesday they’re aware of an “industry-wide investigation” by the federal Competition Bureau concerning a “price-fixing scheme involving certain packaged bread products.” The two companies […] Read more
(Staff photo)
Crops

Canada’s antitrust watchdog clears Nutrien merger

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Canada’s Competition Bureau will put up no reasons why PotashCorp and Agrium shouldn’t be joined in Nutrien. The federal antitrust regulator on Monday issued a “no action” letter on the all-stock merger-of-equals that Saskatoon’s PotashCorp and Calgary’s Agrium proposed in September last year. The two companies, when merged, are to be headquartered in Saskatoon under […] Read more
(Photo courtesy Agrium)
Crops, Reuters

Fertilizer merger faces easier approval at home than in U.S.

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Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal would scuttle it globally, competition lawyers said. Saskatoon-based PotashCorp and Calgary’s Agrium confirmed Tuesday they were in preliminary merger talks, toward a deal that would […] Read more
(Dave Bedard photo)
Crops, Reuters

PotashCorp, Agrium merger would send farmers to regulators

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Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers, […] Read more
(Todd Rosenberg photo via KraftFoodsGroup.com)
Dairy Cattle, Fruit/Vegetables, General, Markets

Canadian, U.S. regulators clear Heinz and Kraft merger

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Antitrust regulators in both Canada and the U.S. have fixed their seals of official inaction on ketchup giant H.J. Heinz’s play for control of Kraft Foods Group. Canada’s Competition Bureau has confirmed that it wrapped its review of the proposed deal and issued its “no action” letter to the companies on Wednesday. A “no action” […] Read more
(Westeel.com)
Crops, Machinery

Regulators clear path for Westeel takeover

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Federal competition watchdogs have cleared the path for grain handling equipment maker Ag Growth International to close its deal for bin manufacturer Westeel. AGI announced it had completed its deal to buy its fellow Winnipeg-based manufacturing firm for $221.5 million on Wednesday — after announcing the Competition Bureau of Canada would allow the deal on which […] Read more

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