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Agriculture

Milk to cost 6.5 cents more per litre in New Brunswick starting Sept. 1

Milk to cost 6.5 cents more per litre in New Brunswick starting Sept. 1

FREDERICTON — Milk will cost a bit more for people in New Brunswick starting this week. The New Brunswick Farm Products Commission says milk will cost 6.5 cents more per litre beginning Sept. 1.
Aurora Cannabis buys controlling stake in Bevo Agtech

Aurora Cannabis buys controlling stake in Bevo Agtech

EDMONTON — Aurora Cannabis Inc. has signed a deal to buy a controlling interest in Bevo Agtech Inc., a supplier of vegetable seedlings and flowers. Under the deal, the cannabis company will acquire a 50.
World food crisis prompts rise in child marriages: Canadian aid agencies

World food crisis prompts rise in child marriages: Canadian aid agencies

OTTAWA — The world food crisis, made worse by the war in Ukraine, is leading to a rise in underage girls being forced into marriage, Canadian aid agencies warn.
Nutrien names Ken Seitz president, CEO amid sweeping changes in agriculture markets

Nutrien names Ken Seitz president, CEO amid sweeping changes in agriculture markets

Saskatoon-based fertilizer giant Nutrien Ltd. has named Ken Seitz president and CEO following a months-long global talent search.
Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter.
Ukraine war will drive demand for Nutrien products for years: CEO

Ukraine war will drive demand for Nutrien products for years: CEO

CALGARY — Saskatoon-based fertilizer giant Nutrien Ltd. surged to all-time high profits in the first six months of 2022 as the war in Ukraine destabilized agriculture markets and heightened global food security fears.
Fertilizer giant Nutrien Ltd. earns US$3.6B as global demand surges

Fertilizer giant Nutrien Ltd. earns US$3.6B as global demand surges

SASKATOON — Nutrien Ltd. says its net profit increased 224 per cent to US$3.6 billion in the second quarter as the war in Ukraine continues to put pressure on global agriculture markets. The Saskatoon-based fertilizer producer — which reports in U.S.
Feds, province pump more money into rail line to Churchill, Man.

Feds, province pump more money into rail line to Churchill, Man.

WINNIPEG — The federal and Manitoba governments announced a combined $147 million Wednesday to support a rail line through northern Manitoba with a history of service disruptions and delays.
Tilray Brands records fourth-quarter loss amid higher revenue

Tilray Brands records fourth-quarter loss amid higher revenue

LEAMINGTON, Ont. — Tilray Brands Inc. posted a steep loss in its most recent quarter despite higher revenue as it recorded a non-cash impairment. The cannabis company posted a net loss of US$457.
New Hexo CEO opens up about push to overhaul cannabis business after turmoil

New Hexo CEO opens up about push to overhaul cannabis business after turmoil

TORONTO — Three months after stepping into Hexo Corp.