Temperature drop signals lower Western Canadian crop yields
WINNIPEG CP El Nino is fading raising prospects for a cool dry summer with lower crop yields in Western Canada. Ray Garnett of the Canadian Wheat Board says we will be cooler and drier with spring wheat declines. The board projects overall production down about two percent with durum down 20.5 percent oats 21 percent rye 21.6 percent canola 7.1 percent while barley and flax rise 12.7 and 22.3 percent respectively.
MENTIONED IN THIS ARTICLE
Winnipeg
Canada
South America
Ray Garnett
Canadian Wheat Board
Wheat Board
Prairie grain output forecasts show mixed shifts in Western Canada
Canadian Wheat Board predictions for Western Canada show total wheat at 21.03 million tonnes down 4.1 percent, with durum 3.81 million tonnes down 20.5 percent, oats 2.67 million down 20.9 percent, barley 12.13 million up 12.7 percent, rye 0.27 million down 21.6 percent, flax 1.17 million up 22.3 percent, and canola 6.67 million down 7.1 percent. Subsize losses from the Crow subsidy end Aug 1 and El Niño related dryness affect planting and rain expectations. spring seeding nears completion after a late start.
MENTIONED IN THIS ARTICLE
Western Canada
Canadian Wheat Board
NOVA plans U S Midwest gas sale to boost prices
NOVA Corp plans to move 250 million cubic feet a day of gas from Grand Prairie to growth markets in Ohio Mississippi Florida and the U S east coast through PanAlberta and Novagas Clearinghouse. The aim is to lift Midwest prices three cents and add about 3.75 million dollars yearly to Canadian producer revenues.
MENTIONED IN THIS ARTICLE
Alan Boras
Calgary Herald
Nova Corp
Grand Prairie
Mississippi Gulf Coast
NOVA
U.S. Midwest
PanAlberta Gas Ltd
Novagas Clearinghouse Ltd
PanAlberta
Ohio
Mississippi
Florida
U.S
Pan Alberta
Midwest
Tennessee
Alberta
Deep South
Kerry Brown
Novagas Clearinghouse
Bergin
Vencap fights back in Alberta buyout skirmish
Vencap Equities Alberta Ltd. submits a buy-out offer to the Klein government for the province’s 200 million investment. Trimac Ltd. counteroffers to acquire the government stake, though details are undisclosed and linked to other negotiations involving Bovar Inc. and Swan Hills facility.
MENTIONED IN THIS ARTICLE
Calgary Herald
Vencap Equities Alberta Ltd
Calgary
Vencap
Klein
Don Carlson
Trimac
Bovar Inc
Bovar
Swan Hills
Government eyes 160 million Trimac recovery in Vencap stake swap
Liberal Leader Grant Mitchell opposes government move to swap its Swan Hills stake for Vencap. Vencap reports assets near 300 million including 115 million in equity investments and 175 million in cash and marketable securities. CEO Sandy Slater says board can block deals not in shareholders best interests.
MENTIONED IN THIS ARTICLE
Trimac
Vencap
Grant Mitchell
Swan Hills
Alberta
Sandy Slater
Slater
Carlson
Verncap
Labatt chief confident Canadian control will persist
Labatt chief executive George Taylor says the $2.7 billion Interbrew offer will keep Labatt Canadian run, despite offshore ownership. He notes the deal secures Labatt as a Canadian institution, while Onex's higher bid spurred urgency and bidders watch the broadcaster and sports assets for possible sales.
MENTIONED IN THIS ARTICLE
Toronto
Taylor
Labatt
Onex Corp
TSN
Discovery
Toronto Blue Jays
Toronto Argonauts
Interbrew
New investor backs Sci Tec Instruments in Saskatoon
PIC Investments led by Jim Yuel bought 698 195 common Sci-Tec shares, boosting the Saskatoon firm to 94 cents. Yuel cites ENO Russia tech assets expanding environmental monitoring gear and forecasts annual sales rising from 3 to 30 million in a few years with proper marketing. He notes growth potential from acquiring electromagnetic radiation and air toxins measurement tech.
MENTIONED IN THIS ARTICLE
Saskatoon
New Technology
Sci-Tec Instruments
PIC Investments
Jim Yuel
Sci-Tec
Yuel
ENO
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Stor Tet
Vancouver
Airbc
Canadian Airlines International
Kevin Jenkins
Canadian Radio-television and Telecommunications Commission
Unitel Communications
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