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Agriculture

Federal government boosts loans for canola farmers amid tensions with China

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OTTAWA — The federal government is rolling out changes to a payment program for canola farmers to help those affected by China’s decision to ban the Canadian product.

Agriculture Minister Marie-Claude Bibeau says the maximum loan limit through the program will be boosted to $1 million from $400,000, and the portion that will be interest free is rising to $500,000 from $100,000.

The government’s announcement comes after China barred Canadian canola from two of the country’s biggest exporters in what is considered retaliation for the detention of Huawei executive Meng Wanzhou.

China imported $2.7 billion worth of Canadian canola seed last year, which ensures any prolonged blockage will hurt farmers, the industry and the broader economy.

Trade Diversification Minister Jim Carr says he will lead a canola trade mission to Japan and South Korea in early June to help farmer find new markets for their product.

He also says he will be promoting canola in all of his upcoming visits, including in France.

The Canadian Press

Ag meets Food

Thank Goodness for the Farmers and Scientists Who Feed Us All

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On this (Canadian) Thanksgiving Weekend many people will be gathering with families, or friends, or even strangers. And despite all of the world’s ongoing challenges, we do have much to be thankful for. We are still living in the most fortunate of times. Every day enormous steps are taken towards both multiple cures for disease, others improve our daily lives, while others reach for the stars. And while some us will always experience the inevitable ups and downs of life, for the vast majority of the world life has improved remarkably over the last 50 years.

There have never been more people fed each day, and our food has never been safer. All of this is thanks to the hard daily work of both farmers and scientists. Think of it. Nearly eight billion human beings. To put that on a scale where each of us is a single day, that’s enough days for 22 million years. And every single day of every single year of our lives, the vast majority of those days will include three full meals. 24 billion meals per day. There is much to be done, but there is much to be thankful for. So on this Thanksgiving weekend, consider raising a glass and toasting, the remarkable people that allow us to eat, and to enjoy the freedom to do literally everything we both personally and professionally do.

Happy Thanksgiving Everyone!

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Agriculture

Pot price falls 6.4% to $7.37 a gram, legal and illegal prices down: StatCan

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OTTAWA — Statistics Canada says the average cost of a gram of cannabis fell 6.4 per cent in the third quarter as the legal price fell for the first time, but illicit weed continued to be cheaper.

The government agency says the overall average price of cannabis fell to $7.37 per gram compared with $7.87 per gram in the second quarter.

The move came as the average legal cannabis price dropped to $10.23 per gram, down 3.9 per cent from $10.65 per gram in the second quarter, marking the first legal price cut since legalization in October last year.

The average illegal price of pot continued to fall and slipped to $5.59 per gram in the third quarter, down 5.9 per cent from $5.94 per gram in the second quarter.

Statistics Canada based these conclusions on price quotes gathered using its StatsCannabis crowdsourcing application between July 1 and Sept. 30, 125 of which were deemed plausible.

The agency urged caution when interpreting the data, as the quotes were self-submitted and the number of responses were limited.

This report by The Canadian Press was first published Oct. 9, 2019.

The Canadian Press

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october, 2019

wed16oct6:00 pm11:00 pmBusiness of the Year Awards - Red Deer Chamber of Commerce6:00 pm - 11:00 pm Red Deer College

thu17oct6:30 pm8:30 pmACRYLIC POUR ART CLASSES6:30 pm - 8:30 pm

fri18oct7:00 pmLip Sync Battle7:00 pm MT Bo's Bar & Grill, 2310 50 Ave Event Organized By: The Outreach Centre

sat19oct9:00 am4:00 pmCoats 4 Kids & Charity Checkstop9:00 am - 4:00 pm Taylor Drive Event Organized By: The Central Alberta Crime Prevention Page

sat19oct10:00 am12:00 pmRed Deer River Naturalists Bird Focus Group Walk10:00 am - 12:00 pm MST Kerry Wood Nature Centre, 6300 45 Ave Event Organized By: Red Deer River Naturalists

sat26oct10:00 am12:00 pmRed Deer River Naturalists Bird Focus Group Walk10:00 am - 12:00 pm MST Maskepetoon Park Event Organized By: Red Deer River Naturalists

tue29oct(oct 29)1:00 amsun03nov(nov 3)1:00 amCanadian Finals Rodeo1:00 am - (november 3) 1:00 am Westerner Park, 4847A-19 Street

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