China announces plans to start anti-dumping investigation into Canadian canola imports

China announces plans to start anti-dumping investigation into Canadian canola imports

China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the United States and European Union, and announced last week a 100 … Read more

How extreme weather affects food prices in Canada

How extreme weather affects food prices in Canada

Extreme weather events like fires, floods, heat waves and droughts pose an increasing risk to Canada’s food supply chain, putting pressure on prices all the way to the grocery store shelf, say experts. “Anytime you have major weather-related events, it tends to increase costs,” said Frank Scali, vice-president of industry affairs at Food, Health & … Read more

2024 is the year the world could reach peak coal use. But it’s a tough habit to quit

2024 is the year the world could reach peak coal use. But it’s a tough habit to quit

With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the workhorse of the global power … Read more

$30M lawsuit over plane payments ‘premature at best,’ top Flair Airlines investor says

M lawsuit over plane payments ‘premature at best,’ top Flair Airlines investor says

A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments is “premature at best.” Miami-based 777 Partners, which owns one-quarter of Flair, confirmed that three lessors of aircraft that were repossessed from the budget carrier last spring filed their claim in London in December over … Read more