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Ontario Growing Agricultural Sector, Cultivating Jobs in the North

Agribusiness Development Sprouting in Cochrane and Timmins
 
Ontario's Government for the people is investing more than $350,000 in two agricultural companies in Cochrane and Timmins, creating or retaining five full-time jobs.
 
"We are committed to creating and protecting jobs and boosting local economies across Northern Ontario," said Greg Rickford, Minister of Energy, Northern Development and Mines. "By investing in agricultural projects that stimulate growth and innovation, we are reinforcing the north's competitive advantage and sending a signal to the world that Northern Ontario is open for business and open for jobs."
 
Investments include:
  • $177,767 for Greg and Aileen Hessels in Cochrane to expand their beef cattle farm by building a new barn and purchasing equipment.
  • $175,277 for Borealis Fresh Farms Inc. in Timmins to establish a high-tech, vertical hydroponic farm.
"Our government is protecting what matters most to the people of Ontario by investing in local agribusinesses," said Minister Rickford. "We are helping to match companies looking to hire with workers seeking opportunity and development."
Source : Ontario.ca

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.