Insights and Stories on News

Smithfield Foods targets up to $10.7 billion valuation in US IPO

Jan. 21, 2025 at 10:36 am CST

Smithfield Foods is targeting a valuation of up to $10.73 billion (C$15.41 billion) in its U.S. initial public offering, the packing giant said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.

Trump says tariffs planned for Feb. 1; Trudeau says everything on the table for response

Jan. 21, 2025 at 9:03 am CST

By Jonah Grignon

No immediate tariffs means more time to engage, prepare say ag, food leaders

Jan. 20, 2025 at 4:13 pm CST

By Jonah Grignon

AAFC forecasts more Canadian wheat acres, less canola in 2025

Jan. 20, 2025 at 3:30 pm CST

By Phil Franz-Warkentin

Employers of temporary foreign workers got more fines, bans in 2024

Jan. 20, 2025 at 1:39 pm CST

By Geralyn Wichers

No day-one tariffs coming from Trump, but trade overhaul planned, official says

Jan. 20, 2025 at 1:26 pm CST

President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, a Trump administration official said.

By Andrea Shalal David Lawder Steve Holland

Trump won’t impose tariffs immediately, reports suggest

Jan. 20, 2025 at 11:28 am CST

U.S. president-elect Donald Trump will not impose threatened tariffs on Canadian goods immediately, according to several U.S. reports. The news came within hours of Trump being sworn in as 47th President of the United States.

By Jonah Grignon

US and Canada ease ban on French poultry imposed after bird flu vaccination

Jan. 20, 2025 at 10:08 am CST

The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.

By Reuters

China’s Dec imports of Canadian canola decline

Jan. 20, 2025 at 9:58 am CST

China's imports of Canadian canola, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.

By Mei Mei Chu Reuters

US turkey producers should ramp up bird flu testing, USDA says

Jan. 17, 2025 at 3:18 pm CST

U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday.

By Reuters Tom Polansek