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Federal Finance Minister Chrystia Freeland appears at a news conference in Ottawa on Sept. 24, 2020. (Photo: Reuters/Blair Gable)
Markets

Canada to wind down broad-based COVID aid programs

Feds opt for targeted measures as economy recovers

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Ottawa | Reuters — Canada will not extend existing broad-based COVID-19 support programs for companies and individuals when they expire on Saturday because the economy is recovering well, Finance Minister Chrystia Freeland said on Thursday. Instead, Ottawa will introduce more targeted and less costly measures for hard-hit sectors such as the tourism industry. The new
A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

U.S. to lift restrictions Nov. 8 for vaccinated foreign travelers

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Washington | Reuters — The White House on Friday will lift COVID-19 travel restrictions for fully vaccinated international visitors starting Nov. 8, ending historic restrictions that had barred much of the world from entering the U.S. for as long as 21 months. The unprecedented travel restrictions kept millions of visitors out of the U.S. from
File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)
Crops, Markets

Canada concerned about supply chain issues, watching ports ‘closely’

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Reuters –– Canada is concerned about the challenges facing global supply chains and is watching the country’s ports very closely, Finance Minister Chrystia Freeland said on Thursday. Freeland, speaking to reporters in Washington after meetings of the World Bank and International Monetary Fund, said she was broadly optimistic about the strength of Canada’s economic recovery
File photo from CNH-owned FPT Industrial’s Bourbon-Lancy engine manufacturing plant in eastern France. (Photo courtesy CNH Industrial)
Crops

CNH to temporarily shut several plants in Europe

Eight-day shutdown due to supply disruptions

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Reuters — Italian-American vehicle maker CNH Industrial said Wednesday it will temporarily shut several of its European agricultural, commercial vehicle and powertrain manufacturing facilities due to the disruptions of procurement of components, including semiconductors. The maker of farm machinery, Iveco commercial vehicles, construction equipment and powertrains plans to shut the concerned plants for eight working
A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)
Other

White House heeded pressure to reopen Canada border, U.S. lawmaker says

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Washington | Reuters — A U.S. congressman from New York said on Wednesday that political pressure had persuaded the White House to end a historic 19-month closure of its land borders with Canada and Mexico to millions of non-essential foreign visitors. Representative Brian Higgins, a Democrat representing a district along the Canadian border, said: “You
Managing a restaurant after the pandemic will not be easy.
Comment, Op/Ed, Other

Comment: How many restaurants are enough?

Have we seen ‘peak restaurant’ or will the sector survive?

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A question that often comes up is, did we have too many restaurants before the pandemic? Many wonder if the pandemic has only wiped out the restaurants we had “extra” of. With the labour shortage, the cost of food ingredients exploding, and the list of regulations growing almost every year, making a restaurant profitable has
(Photo courtesy Port of Los Angeles)
Crops, Markets, Other

‘Containergeddon’: Supply crisis drives Walmart, rivals to hire own ships

Bulk grain ships pressed into container service

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Los Angeles | Reuters — The Flying Buttress once glided across the oceans carrying vital commodities such as grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk cargo ship has been drafted into the service of
Editorial, Op/Ed, Other

Editor’s Take: A closer mirror

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A few years back I stumbled across the work of the late Barbara Tuchman, a historian who wrote bestselling books about everything from the events leading to the First World War to the folly of governments pursuing policies that were actually contrary to their own interests. The book that initially captured my interest was A
(Artisteer/iStock/Getty Images)
Dairy cattle, Livestock

British milk sours amid labour crisis

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London | Reuters — Some British dairy farmers have been forced to destroy tens of thousands of litres of milk due to rising costs, labour shortages and an acute deficit of truck drivers which has strained supply chains to breaking point, farmers said. A post-Brexit shortage of workers, exacerbated by the global strains of the
Harvest projections are trending lower due to this year's drought conditions.
News

A silver lining following challenging summer?

BMO report cautiously optimistic about the strength of the industry after hot, dry summer

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A new report from BMO Economics sheds some light on the economic impacts of the hot, dry conditions that persisted across North America this summer. The report, issued on September 17, describes how the widespread growing challenges North American farmers faced this summer affected an agricultural sector still trying to make sense of the impacts

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