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Agriculture

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.
Mustard seed shortage sends seed prices soaring, curbs some supply of condiment

Mustard seed shortage sends seed prices soaring, curbs some supply of condiment

A mustard seed shortage is driving up prices and could leave some store shelves with scant supply before the new harvest hits markets this fall, industry experts say.
Explosion of mites leads to worst loss of Canada's bee colonies in 20 years

Explosion of mites leads to worst loss of Canada's bee colonies in 20 years

FREDERICTON — Nearly half of Canada's honeybee colonies didn't survive the winter, the largest rate of colony loss in the country in the last 20 years, according to preliminary data.
Saskatchewan fertilizer company Nutrien to acquire Brazilian retailer Casa do Adubo

Saskatchewan fertilizer company Nutrien to acquire Brazilian retailer Casa do Adubo

SASKATOON — Nutrien Ltd. says it has entered into a deal to buy Brazilian company Casa do Adubo S.A.
BHP working to bring Jansen potash mine into operation earlier than expected

BHP working to bring Jansen potash mine into operation earlier than expected

SASKATOON — BHP says it is working to bring its Jansen potash mine into operation sooner than expected. The company says it is working to bring forward Stage 1 first production at the Saskatchewan mine to 2026.