Insights and Stories on Canada

Feb. 7, 2020 at 8:54 pm CST

Toronto | Reuters — Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week. Canada legalized recreational cannabis in October 2018 but profits have […]

By Nichola Saminather

Feb. 5, 2020 at 8:10 pm CST

Ottawa | Reuters — Canada and China are both “furious” over the case of a Huawei executive detained in Canada in 2018 and its aftermath, but there are signs the two sides can hold constructive talks, the Canadian ambassador to Beijing said Wednesday. Canadian police picked up Huawei Technologies chief […]

By David Ljunggren

Feb. 5, 2020 at 10:19 am CST

MarketsFarm — Strong prices served as an incentive for farmers to plant more rye in 2019, but one grower believes there won’t be as much production in 2020 due to the wet fall. “Winter cereals got seeded, but not the acres guys were planning,” said Brad White, a Saskatchewan farmer […]

By Glen Hallick - MarketsFarm

Feb. 5, 2020 at 10:07 am CST

MarketsFarm — Planting intentions for red and green lentils and other pulses have been looking good for 2020 — but that might change somewhat because prices have slipped a little, said Marcos Mosnaim of Globeways Canada in Mississauga. Discussing pulse crops at a farm show last month in Saskatoon, Mosnaim […]

By Glen Hallick - MarketsFarm

Feb. 5, 2020 at 9:41 am CST

MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) reported farmland values across Canada increased by an average of 6.6 per cent during the previous year. But that’s not […]

By Marlo Glass – MarketsFarm