Federal agriculture minister Lawrence MacAulay says he won't seek reelection in the coming election.
Tag Archives politics
MacAulay bows out of coming election
Federal agriculture minister hanging up his skates after 36 years in office
ADM quarterly profit falls on weak crush margins, announces layoffs
Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. Chicago-based ADM said it aimed to cut costs by $500 million to $750 […] Read more
Trump tariffs would weaken loonie, then U.S. dollar
Canadian government missing in action
With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.
UPDATED: Agriculture groups react to Trudeau resignation
There were mixed reactions from Canadian farm groups after Prime Minister Justin Trudeau said he would resign as Prime Minister and leader of the federal Liberals.
Canadian beef producers urged to lean into coalitions with U.S. producers to ward off Trump tariff threats
Relationships developed between Canadian, American and Mexican cattle producers during country-of-origin labelling discussions more than a decade ago may help protect Canadian cattlemen from damaging tariffs proposed by US president-elect Donald Trump, said the former head of the national cattle organization.
Trump discussed border, trade with Trudeau after pledging steep tariffs
U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war.
Ukraine introduces minimum export prices for major agricultural goods
Kyiv | Reuters – Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry. Ukraine is a major grain and oilseeds grower and exporter and the new system became operational on Dec. 1. The government […] Read more
Trump expected to offer Loeffler agriculture secretary role
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.
Is it best, when investing, to stay politically agnostic?
Investing for Fun and Profit: Besides, how much influence do governments really have on the markets?
I began this column the day after the great Harris/Trump debate. Based on the publishing schedule, you might be reading it just before the U.S. election. A lot can happen in both politics and the markets over a six-week period, but I thought it would be an appropriate time to review how politics may or […] Read more
Port of Montreal workers at two terminals start new strike, employer group says
Reuters – Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers’ association said. The strike affects two terminals operated by Termont, which handle about 40 per cent of the port’s container traffic but only about 15 per cent […] Read more
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