Alberta’s agri-food industry has potential to kick-start economy post pandemic: report - Global News | Canada News Media
Connect with us

Economy

Alberta’s agri-food industry has potential to kick-start economy post pandemic: report – Global News

Published

 on


A report released last week by The School of Public Policy refers to Alberta’s agri-food industry as a “gentle giant that’s about to awaken,” and could be a big player in the province’s post-COVID-19 rebound.

The authors of the report, Karen Spencer and Kim McConnell, found the industry is in a great place, with the potential to “serve the changing appetite of Canadians and the Western world.”


Karen Spencer (left) and Kim McConnell (right) co-wrote the report which focuses the future of Alberta’s agri-food industry, the obstacles to overcome and a strategic action plan to pave the path for success.


The School of Public Policy

Alberta’s Minister of Agriculture and Forestry, Devin Dreeshen said he believes the industry is a key component to the province’s economic recovery.

“There’s tremendous growth potential in agriculture and we’re starting to see those types of investments land here already.

“I think with COVID(-19)… it just highlighted its importance even more — when you looked at the border staying open entirely for food products coming in and out of this province,” Dreeshen said.

While the main driver of Alberta’s economy for many years was oil and gas, agriculture is not taking the stage, experts say.

“We hope that this report brings (agriculture) back to the foreground and we can show people how important it is for all of us. It’s a need, it’s a necessity, and how much impact we have on the economy with our agriculture industry,” Spencer said.

The report points to data from Statistics Canada and the Canadian Energy Regulator, which show total sales in Alberta’s agri-food sector last year was 31 per cent higher than the province’s gross crude oil sales.


Cody Coates/ Global News.


Cody Coates/ Global News

The multi-pronged report is part of the Alberta Futures Project, which Spencer said is focused on developing some specific policy recommendations on how to help kick-start the Alberta economy post pandemic.

In 2019, Alberta’s primary agriculture sector hired 49,000 people, making the agri-food industry the province’s largest employer, according to Statistics Canada.

Read more:
Alberta farmers see cost of fertilizer jump as grain prices rise

The report points out specific obstacles and challenges farmers face which could be preventing them from doing business in the best and most efficient way.

“One of the big ones that we see… that perhaps people within our cities aren’t really aware of… is the internet,” Spencer said.

“There are statistics that show that about 50 per cent — or under 50 per cent — of rural Albertans have what would be deemed an unacceptable level of internet connectivity.”

Spencer pointed out the irony of that statistic considering how advanced technology is within farming equipment, yet rural connectivity is years behind where it should be, compared to higher populated areas.

Read more:
Research project helps Alberta grain farmers improve storage methods

When asked about how the province plans to address that issue, Dreeshen said the government has launched a new Canadian Agriculture Partnership (CAP) program with farmers to provide “internet boosters” and other technology advances.

The Farm Technology Program is focused on sensors that contribute to farm data systems, as well as technology-based security devices, while supporting producers protect their businesses through the adoption of best management practices in farm security.

“The Internet of Things is obviously very important to a lot of industries, but there’s so much potential for it in agriculture,” Dreeshen added.

Advanced technology has been a huge focus in the agriculture industry over the past couple of decades and Spencer believes the trend will continue to make the industry sustainable and, in turn, a leading economic driver.

“So right now, about 70 per cent of our crops in Alberta use precision agriculture and that’s a method that is sustainable, it retains more carbon in the soil, it means that farmers can use less added fertilizers and so on,” Spencer said.

However, she added “that sustainability has to be married with economic sustainability so that it can be, really, an answer to growing Alberta’s economy.”






1:44
‘Trying to make the agriculture world a better place’: AgTech advancements improve farm efficiency, safety


‘Trying to make the agriculture world a better place’: AgTech advancements improve farm efficiency, safety – Jun 22, 2021

The School of Public Policy is hoping the new report will shine light on the success in Alberta’s agri-food industry, but also bring attention to struggles producers face and what’s causing roadblocks for future growth.

“One of the things… the school is really good at is we do not just produce papers that just sit on shelves and collect dust, we produce papers but we are very active at communicating them to both the public and to policymakers within government and, of course, elsewhere,” Spencer said.

She added this report is written in layman’s terms and hopes it’s easy enough to understand, so everyone can get something out of it. However, the biggest goal is to have the government implement policies that will help further the agriculture industry in our province, allowing it to strengthen — or at least stabilize — Alberta’s economy.

“We’d love to take the next step and work on some more specific policy discussions with stakeholders, and see what we can do,” Spencer said.

The minister of agriculture said the government appreciates these types of reports that have “a different lens than we typically would as a government.”

“These types of reports are helpful in us when we consult with industry stakeholders, when we consult with farmers and ranchers to figure out what we, as government, can do to… help, but also what we can do to not hurt that the industry so it’s helpful,” Dreeshen said.

“And like I said, there’s tremendous growth potential.”

© 2021 Global News, a division of Corus Entertainment Inc.

Adblock test (Why?)



Source link

Continue Reading

Business

A timeline of events in the bread price-fixing scandal

Published

 on

 

Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX composite up more than 250 points, U.S. stock markets also higher

Published

 on

 

TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

Published

 on

 

VANCOUVER – Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says.

Dr. Julio Montaner said the construction of Vancouver’s first indoor supervised site for people who inhale drugs comes as the percentage of people who die from smoking drugs continues to climb.

The location in the Downtown Eastside at the Hope to Health Research and Innovation Centre was unveiled Wednesday after construction was complete, and Montaner said people could start using the specialized rooms in a matter of weeks after final approvals from the city and federal government.

“If we don’t create mechanisms for these individuals to be able to use safely and engage with the medical system, and generate points of entry into the medical system, we will never be able to solve the problem,” he said.

“Now, I’m not here to tell you that we will fix it tomorrow, but denying it or ignoring it, or throw it under the bus, or under the carpet is no way to fix it, so we need to take proactive action.”

Nearly two-thirds of overdose deaths in British Columbia in 2023 came after smoking illicit drugs, yet only 40 per cent of supervised consumption sites in the province offer a safe place to smoke, often outdoors, in a tent.

The centre has been running a supervised injection site for years which sees more than a thousand people monthly and last month resuscitated five people who were overdosing.

The new facilities offer indoor, individual, negative-pressure rooms that allow fresh air to circulate and can clear out smoke in 30 to 60 seconds while users are monitored by trained nurses.

Advocates calling for more supervised inhalation sites have previously said the rules for setting up sites are overly complicated at a time when the province is facing an overdose crisis.

More than 15,000 people have died of overdoses since the public health emergency was declared in B.C. in April 2016.

Kate Salters, a senior researcher at the centre, said they worked with mechanical and chemical engineers to make sure the site is up to code and abidies by the highest standard of occupational health and safety.

“This is just another tool in our tool box to make sure that we’re offering life-saving services to those who are using drugs,” she said.

Montaner acknowledged the process to get the site up and running took “an inordinate amount of time,” but said the centre worked hard to follow all regulations.

“We feel that doing this right, with appropriate scientific background, in a medically supervised environment, etc, etc, allows us to derive the data that ultimately will be sufficiently convincing for not just our leaders, but also the leaders across the country and across the world, to embrace the strategies that we are trying to develop.” he said.

Montaner said building the facility was possible thanks to a single $4-million donation from a longtime supporter.

Construction finished with less than a week before the launch of the next provincial election campaign and within a year of the next federal election.

Montaner said he is concerned about “some of the things that have been said publicly by some of the political leaders in the province and in the country.”

“We want to bring awareness to the people that this is a serious undertaking. This is a very massive investment, and we need to protect it for the benefit of people who are unfortunately drug dependent.” he said.

This report by The Canadian Press was first published Sept. 18, 2024.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending

Exit mobile version