Thirty-six Longo's locations in Ontario have been sold to Empire Company Limited. The deal, initially worth $357 million for 51 per cent is based on an enterprise value of $700 million, including the e-commerce site Grocery Gateway. Longo's will continue to be operated by the Longo's leadership team, led by president and CEO, Anthony Longo,... Read More
Category: Eastern Canada
Farmland in British Columbia and Quebec increased the most in value in 2020, with Alberta rounding out the top three according to Farm Credit Canada's annual farmland value report. Despite COVID-19, on average, Canadian farmland values increased by 5.4 per cent, following a just-slightly lower 2019 value of 5.2 per cent growth. Land in British... Read More
The federal government announced its draft regulations for a national carbon offset framework, and while the kinks still need to be worked out, the first protocol that is intended to proceed is for soil organic carbon. As such, I've been working to lay out what this may entail and why carbon sequestration may not be... Read More
For anyone that knows Shaun Haney, they know he's someone who is constantly thinking and evaluating what is going on around him. What has he been thinking about this week? On this RealAg LIVE! we've got a special "Freestyle Friday" where Shaun has an interactive chat with the audience, mixed with clips on his topic... Read More
The U.S. government is moving ahead with countervailing tariffs on phosphate fertilizer from Morocco and Russia following a U.S. International Trade Commission ruling on March 11 which sided with American fertilizer producer Mosaic. The ITC decision clears the path for the U.S. Department of Commerce to begin levying duties of 19.97% on imports from Moroccan... Read More
Almost a year in the making, and nearly two years from the time an application could have been submitted, Canada's status as a negligible-risk country for bovine spongiform encephalopathy (BSE) is one step closer. Marie-Claude Bibeau, Minister of Agriculture and Agri-Food Canada (AAFC) announced this week that the Scientific Commission of the World Organization for... Read More
If Canada celebrated Auto Industry Day, the Prime Minister and national leaders would boast of our modern technology, our ingenuity and automation, our global competitiveness and production figures, regardless of where we rank in the world order. But on Canada's Agriculture Day, politicians celebrated small, quaint, pastoral perceptions of agriculture, as opposed to owning the... Read More
The momentum growing at the end of 2020 has rolled over into 2021 when it comes to tractor and combine unit sales. The latest data from the Association of Equipment Manufacturers (AEM) shows that total farm tractor sales in Canada are up 39 per cent for January 2021, while combine sales hit 52.2 per cent... Read More
Soy Canada has announced Brian Innes will be joining the organization as its new executive director. Innes is currently vice-president of public affairs for the Canola Council of Canada, and past-president of the Canadian Agri-Food Trade Alliance. “Brian brings to Soy Canada an extensive background in agriculture and government,” says Ernie Sirski, Chair of Soy... Read More
A Conservative private member's bill that aims to address the risks from biosecurity breaches and trespassing on farms was approved at the second reading stage in the House of Commons on Wednesday. Brought forward by Foothills MP John Barlow, Bill C-205 would amend the Health of Animals Act to "make it an offence to enter,... Read More