Canada’s grain backlog is easing for the first time this season as railways respond to a government order to increase shipments.
It’s been a double-whammy winter for wheat farmers in the U.S., the world’s largest exporter.
Quebec’s election next week may be life changing for Ruba Benini, a 35-year-old medical school resident in pediatric neurology at Montreal’s McGill University.
National Bank of Canada is holding its annual meeting in Calgary for the first time as the lender’s decades-long quest to diversify beyond its home province of Quebec gains traction.
A weakening Canadian dollar is positive for most of the country’s companies, boosting profits earned in U.S. dollars relative to costs incurred in the local currency, Moody’s Investors Service said in a report.
Canada wants to set minimum requirements for the movement of grain by the nation’s two major railways to help alleviate a backlog that has left as much as C$20 billion of grain stuck on prairie farms.
Pulp mills in northern Alberta may be forced to suspend operations as early as this week because a labor dispute by truckers at Canada’s largest port is causing lumber to pile up.
Canada’s two major railways will each be required to ship a minimum of 500,000 metric tons of grain each week to clear a crop backlog stuck on the prairies.
Canada’s grain-supply boom is turning into a bust for farmers as record harvests and railroad logjams make sales almost impossible.
Canada is bracing for another fight with Quebec separatists.
Equities: Unica, Canadian National Railway, Assurant