GFM Network News


PotashCorp shutting New Brunswick potash mine

Reuters — Weak conditions in the potash market will not improve any time soon, PotashCorp’s CEO said Tuesday as the fertilizer company announced it would suspend operations “indefinitely” at its New Brunswick mine. Potash Corp said it was putting its new Picadilly mine near Sussex, about 75 km northeast of St. John, in “care and

CN Rail CEO says legislation could derail service

Looming legislation aimed at improving rail service for shippers in Canada could backfire and end up making the country’s sprawling rail networks less efficient, the chief executive of Canada’s biggest railroad warned Nov. 7. Canada’s Conservative government plans to introduce legislation this fall giving all shippers more clout in ensuring consistent rail service, and improve



Renewable Fuels Association Wants 10 Per Cent Biofuel

Canada’s renewable fuels industry is pressing the federal government to double the percentage of renewable fuels it will require in gasoline and diesel, the head of the industry association said Nov. 29. The Canadian Renewable Fuels Association wants Ottawa to raise the ethanol-in-gasoline mandate from five per cent to 10 per cent and the still-to-be-implemented