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- TELUS investing $15 billion in British Columbia through 2029 to enhance connectivity, support Canadi...
TELUS is investing more than $15 billion over the next five years to expand and enhance its network infrastructure and operations across British Columbia. As Canada navigates a challenging economic environment and seeks to attract more investment in the country to stimulate growth, this commitment to the province's future will help fuel homegrown innovation and support the prosperity of urban and rural communities. This investment builds on an impressive track record, with TELUS having invested more than $66 billion in B.C. since 2000, and is part of a larger commitment to deploy a total of $70 billion by 2029 across Canada to boost productivity and support a robust national economy. "For more than 125 years, TELUS has been headquartered in Western Canada, building a legacy of advancing British Columbia's economic and social prosperity. Indeed, against a backdrop of macroeconomic uncertainty, TELUS stands as one of the few companies committing to… ...[TheTopNews] Read More.17 hours ago - Fall in Crop Receipts Helps Drag 2024 Farm Income LowerThe steepest fall in crop returns in more than two decades badly dented Canadian farm income last year, according to preliminary numbers released by Statistics Canada Wednesday. The federal agency pegged 2024 realized net income for Canadian farmers at $9.4 billion, down $3.3 billion or almost 26% from the previous year. That marked the largest year-over-year percentage decline in realized net income since 2018, when it tumbled 41% to $4.2 billion, mainly due to sharply higher farm expenses. Stripping cannabis out of the equation made the fall in realized net farm income a bit less steep – down 23% to $9.7 billion – although still significant. Realized net income is the difference between a farmer's cash receipts and operating expenses, minus depreciation, plus income in kind. Mainly the result of lower prices for most major grains and oilseeds, total Canadian crop receipts fell 6.2% to $52.1 billion in 2024, the… ...[TheTopNews] Read More.17 hours ago
- Saskatchewan Seeding Reaches 88% CompleteSaskatchewan producers made good seeding progress again this past week, with most crops developing normally. Thursday’s crop report estimated provincewide seeding at 88% complete as of Monday, up from 72% a week earlier and ahead of the five- and 10-year averages of 82% and 85%. Rainfall was variable across the province with some producers in the southeast regions experiencing increased amounts. The highest reported rainfall was in the Weyburn area at 66 millimetres (mm). However, other areas reported dry, windy conditions, and topsoil moisture levels did show some erosion compared to a week earlier. Cropland topsoil moisture across the province was rated 4% surplus, 65% adequate and 27% short as of Monday, versus 6% surplus, 69% adequate, 22% short, and 3% very short the previous week. Fall cereals are currently rated at 89% normal crop development for this time of year, with 7% ahead and 4% behind normal. Spring cereals… ...[TheTopNews] Read More.17 hours ago
- AGCO Accelerates PTx Dealership Expansion Across North AmericaAGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is making significant progress on growth of its PTx™ dealership network in North America. PTx is composed of Precision Planting®, a leading developer of planting, spraying and harvest retrofit technologies, and PTx Trimble™, AGCO’s newest brand that focuses on guidance and steering, water management and autonomy precision ag solutions. In only one year since the PTx Trimble™ brand was launched, the company has leveraged a channel-based strategy to integrate PTx solutions into over 50 additional Fendt® and Massey Ferguson® dealers across the United States and Canada. Additionally, AGCO’s goal is to equip all of its production agriculture dealerships in North America with the PTx Trimble guidance and steering portfolio by the end of 2025. ...[TheTopNews] Read More.20 hours ago
- Trump tariffs mean fewer machinery purchases, higher costs for farmersAg equipment manufacturers had hoped to see sales volumes start to recover this year from the current slump, but those high expectations have been lowered by the negative yo-yo impact of U.S. tariff rates — and those tariffs will end up costing farmers in North America more for new machinery and parts, even here in Canada. ...[TheTopNews] Read More.20 hours ago
- Ascenso Appoints Sandeep Gundher as Chief Financial OfficerAscenso is pleased to announce the appointment of Sandeep Gundher as its new Chief Financial Officer (CFO). Sandeep brings with him a distinguished track record of financial leadership, having built his career across diverse, high-growth environments. ...[TheTopNews] Read More.21 hours ago
- R-Way Ag Ltd. receives primary elevator license from CGCR-Way Ag Ltd. is a full-service agribusiness in St. Claude, Man. ...[TheTopNews] Read More.21 hours ago
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