Insights and Stories of Rod Nickel

Apr. 24, 2019 at 10:07 am CDT

Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in […]

By Rod Nickel

Mar. 5, 2019 at 9:33 am CST

Beijing/Kabul | Reuters — China has canceled Canadian agribusiness Richardson International’s registration to ship canola to China, the company said on Tuesday, the latest sign of tensions between Ottawa and Beijing. It was not immediately clear why exports to China by Richardson, the world’s top importer of canola, had been […]

By Dominique Patton, Rod Nickel

Feb. 5, 2019 at 8:39 pm CST

Winnipeg/Beijing | Reuters — A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports and causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief […]

By Dominique Patton, Hallie Gu, Rod Nickel

Feb. 1, 2019 at 8:27 am CST

Ottawa/Winnipeg | Reuters — Canada’s Supreme Court ruled on Thursday that bankrupt oil companies must clean up inactive wells, overturning lower court decisions that prioritized paying creditors and potentially raising the risks of investment in the industry. The 5-2 ruling means that the Alberta Energy Regulator (AER), which had appealed […]

By Dale Smith, Rod Nickel

Jan. 25, 2019 at 3:06 pm CST

Winnipeg | Reuters — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway said Friday. Canadian National and rival Canadian Pacific Railway were rationing space on trains travelling in the Vancouver area and prioritized some commodities over others to […]

By Rod Nickel