Analyst predicts loonie to stay strong but not soar in 2013

The Canadian dollar should stay strong and level in the coming year, predicts a Toronto-based currency analyst. The loonie may see a slight rise in the coming weeks before levelling off, says Camilla Sutton, a currency strategist with Scotia Capital. “While the currency markets have been driven recently by the fiscal cliff situation in the



U.S. government, health groups sound alarm on antibiotics

Reuters / The U.S. Centers for Disease Control and Prevention and a coalition of 25 health-care organizations are joining forces to fight the overuse of antibiotics in people and livestock in a bid to curb the rise of drug-resistant “super bugs.” Without action, patients could soon face a time when antibiotics are powerless to treat



CGC fees to jump 44 per cent

Despite shaving $20 million in costs 
the CGC proposes a big increase 
in user fees so Ottawa no 
longer has to pay the bill

In its government-ordered drive to cost recovery, the Canadian Grain Commission (CGC) wants the grain industry to pay an extra $16.7 million a year in user fees effective Aug. 2013. That’s a 44 per cent increase amounting to an extra $1.38 a tonne on total CGC-inspected Canadian grain exports. The figures are contained in the


Not all cattlemen happy with JBS deal

R-CALF USA says it’s not happy with the news JBS USA will operate and perhaps purchase XL Foods, now reopened after several weeks of being shut down due to E. coli contamination. It wasn’t just XL’s Brooks plant on the table — the deal comes with a plant in Calgary and two cow-killing plants in

Canada beef warning broadened to new products

Reuters / A public warning in Canada about beef possibly tainted with E. coli has been updated to include additional products. The Canadian Food Inspection Agency (CFIA) released a list of dozens of products Sept. 30 made from beef voluntarily recalled by XL Foods, whose plant in Brooks, Alberta, was temporarily shut by the agency



Wyoming wolves to lose Endangered Species Act protection

Grey wolves in Wyoming, the last still federally protected in the northern Rockies, will lose endangered species status at the end of September, opening them to unregulated killing in most of the state, the U.S. government said Aug. 31. The planned delisting of Wyoming’s estimated 350 wolves caps a steady progression of diminishing federal safeguards