Input costs to chip away at farmers’ shrinking income

CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National Farmers Union (NFU) predicts. Farmers’ net cash income is expected to move lower in 2016, declining nine per cent to $13.6 billion in 2016, according


(Dave Bedard photo)

Farm incomes set to fall from record high

Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar,

(Dave Bedard photo)

Burger King, Tim’s owner says 2016 off to ‘great start’

Reuters — Restaurant Brands International said it was off to a “great start” this year, after new product launches at its Burger King and Tim Hortons chains in 2015 helped boost sales in a highly competitive market. Shares of the Ontario-based company, which reported a better-than-expected quarterly profit on Tuesday, rose as much as nine



Manitoba Egg Farmers, which in 2013 called a halt to installation of conventional cages, has publicly demonstrated enriched housing systems.  (Manitoba Co-operator photo by Shannon VanRaes)

Egg farmers to phase out cage housing over 20 years

Winnipeg | Reuters — Canada’s egg farmers plan to replace conventional hen cages with more humane conditions over the next 20 years, amid growing pressure from consumers, restaurants and food companies. The plan — announced Friday by Egg Farmers of Canada, an industry group that manages nearly all of the country’s egg supply — comes





(McDonalds.ca)

McDonald’s sales beat as all-day breakfast a hit

Reuters — McDonald’s Corp. reported better-than-expected quarterly same-restaurant sales as the launch of all-day breakfasts proved to be a hit with diners in the U.S. and demand continued to recover in China. The world’s biggest restaurant chain’s shares jumped 3.4 per cent in premarket trading on Monday. McDonald’s introduced all-day breakfasts in October in the

(PortMetroVancouver.com)

Canada to sign TPP, but undecided on ratification

Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years