Tough year for Canada's food processors Thursday, September 20, 2012 by SUSAN MANNThe food manufacturing industry is struggling through a tough year, according to the Conference Board of Canada.In its report, Canadian Industrial Outlook: Canada’s Food Manufacturing Industry, Summer 2012, released Thursday, the board says the slow recovery in the United States – Canada’s key export market – coupled with a significant run-up in commodity prices and a slowing Canadian job market have slowed the industry’s growth.The industry’s gross domestic product is forecast to increase by only 0.5 per cent this year. Industry profits will rise slightly this year to $4.7 billion from $4.6 billion in 2011. Gross domestic product growth should improve in 2013, the board says.Michael Burt, Conference board director industrial economic trends, says in a news release that food manufacturers are being squeezed by both costs and prices. “Input costs are rising due to a run-up in commodity prices and demands from retailers and consumers are limiting the ability of manufacturers to increase their own prices. The result is pressure on the industry’s profit margin.” BF Virus 'rarely spreads from animals to humans' says Ontario's chief medical officer of health Seasonal agricultural workers treated well says program spokesman
Navigating Financial Literacy for Women in Ag Monday, November 4, 2024 By Deanna Ciaccia In today’s evolving agricultural landscape, financial literacy is crucial for success, particularly for women who are increasingly taking leadership roles in the agriculture sector. According to a recent article from FNBO (First National Bank of Omaha),... Read this article online
Ontario Pork Congress Annual Meeting report Friday, November 1, 2024 The Ontario Pork Congress was held on October 22, 2024, at the Arden Park Hotel in Stratford, Ontario, with over 35 people attending. At the event, the association revealed the winner of its —Tara Terpstra, a Huron County pork producer who is currently Chair of Ontario Pork. The... Read this article online
Massey Ferguson introduces six new tractors Friday, November 1, 2024 Massey Ferguson has debuted its new of tractors, what the company calls a line-up of versatile and powerful machines designed to meet the needs of modern farmers. This series includes six new models, each tailored to different farming requirements and preferences. MF... Read this article online
Farmers and small businesses worried about Federal Debt Crisis Friday, November 1, 2024 Nearly 74% of Canadian small businesses express concern over the federal government’s lack of a concrete plan to balance the budget, as deficits and federal debt continue to rise, reports the Canadian Federation of Independent Business (CFIB). These sentiments are also held by many growers... Read this article online
Bills C-244 and C-294 have been adopted Friday, November 1, 2024 On October 31, without much ado, and were adopted by the Canadian Parliament and are poised to become law. These bills amend the and represent a historic step forward in the right-to-repair movement, especially for Canadian farmers. allows consumers and businesses to... Read this article online