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Grain handling

(Dave Bedard photo)
Crops

Cost index up for CN, down for CP in grain revenue formula

CP expects lower labour costs, CN higher

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Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related composite price index (VRCPI) for
(Canest-transit.ca)
Crops

Feds to legislate end to Montreal port strike

Conservatives expected to support Liberals' back-to-work bill

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A strike by longshore workers at the Port of Montreal faces federal back-to-work legislation billed Tuesday as the government’s “least desired course of action.” Labour Minister Filomena Tassi on Tuesday announced the introduction of Bill C-29, which “would end the work stoppage at the Port of Montreal and ensure the safe resumption and continuation of
(Kansas City Southern video screengrab via YouTube)
Crops, Other

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Richardson, Conagra among firms supporting both bids

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Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network
(Kevin_LS/iStock/Getty Images)

Rural, remote crime targeted in Tory MP’s bill

Bill would consider crimes' settings during sentencing

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An Alberta Conservative MP is trying to tackle rural crime by introducing a law that would punish more severely those accused of targeting remote, and vulnerable, people or property. Red Deer-Lacombe MP Blaine Calkins introduced his private member’s bill for first reading in the House of Commons on Tuesday. “Rural Canadians too often don’t feel
(Thinkstock photo)
Weather

Federal budget plays to mixed reviews from ag groups

Funding for green initiatives, carbon pricing rebate plan hailed

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The Canadian Federation of Agriculture (CFA) says it is “pleased” the 2021 federal budget included some of the recommendations it had made. Finance Minister Chrystia Freeland’s first budget, released April 19, included significant spending to help producers transition to a greener economy and cited agriculture as a foundational pillar of Canada’s future. “CFA will be
(Canest-transit.ca)
Crops, Markets

Montreal longshore workers escalate strike

Strike to move from part-time to full-time on Monday

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Exports of containerized crops and other goods and imports of ag inputs may stall as striking longshore workers at the Port of Montreal get set to level up from part-time to full-time work stoppage. The Syndicat des debardeurs du port de Montreal (CUPE Local 375) said Friday its members, who have been striking on weekends
(File photo by Dave Bedard)
Crops

CP CEO rules out raising Kansas City Southern bid

CP's first-quarter profit climbs

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Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN
Screenshot from an Alberta Agriculture video profiling Innisfail-based pulse and grain handler W.A. Grain and Pulse Solutions. (Alberta Agriculture and Forestry via YouTube)
Crops, Pulses

CGC suspends W.A. Grain’s licences to month-end

The firm, with facilities in Saskatchewan and Alberta, can't buy or sell grain in the interim

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Licences for Prairie grain and pulse handler W.A. Grain and Pulse Solutions and its primary elevators in Alberta and Saskatchewan have been suspended by the Canadian Grain Commission (CGC). The suspensions took effect at 12:01 p.m. Tuesday, a CGC official said in an interview. “This means for a limited period of time (until April 30)
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops, Other

CN challenges CP with Kansas City Southern bid

KCS shareholder warns U.S. regulator 'doesn't like overlap'

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Reuters — Canadian National Railway said on Tuesday it had offered to buy Kansas City Southern railroad for about US$33.7 billion, sending shares of the U.S. rail company soaring as investors anticipated a bidding war with Canadian Pacific Railway. CP had agreed a deal to acquire Kansas City Southern for about $25 billion last month
The Canadian Grain Commission building on Main Street in Winnipeg. (File photo)
Crops

Virtual town hall on federal Grain Act set for Friday

Time is running out on consultations, but the April 23 event gives farmers a chance to provide input

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The deadline for submitting comments to the federal government’s review of the Canada Grain Act and Canadian Grain Commission (CGC) is April 30, but farmers can also offer feedback at a ‘virtual’ town hall meeting this Friday. The Grain Act and its regulations provide the framework for Canada’s grain quality assurance system and it’s the

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