Also in the news today, Stellantis announces $3.6-billion retool of Ontario plants to make electric and hybrid-fuel vehicles
‘Sorry, Grandma, we’re cutting your benefits.’ No politician will ever say that. But maybe they should
“Refusing to raise the age of OAS eligibility, and then offering bonus payments to those 75 and over, was great politics. But is it good for Canada?”“Suncor’s continuing safety and operational issues, and the resulting weakness in its valuation, leave its board vulnerable to the same revolution that reshaped CP Rail.”“Having all our financial data directly in the hands of the government is a frightening thought.
This spring, he added a new item to his list of worries: a potato chip plant in Pittsburgh, to which, for the past 12 years, Smith Farms has shipped a quarter of the spuds it grows on its 1,115 acres in central Prince Edward Island. The owner of that chip plant recently told Smith the business relationship is coming to an end.
The reason? Potato wart, a disease caused by the Synchytrium endobioticum fungus, which spreads easily and can reduce harvests. After the wart was detected in two PEI fields last fall, Canada quickly shut down most shipments of the province’s potatoes to the United States, in order to dissuade the Americans from imposing their own ban.
While Smith’s farm has never had any sign of potato wart, the export ban – which ended in March – is still affecting his business directly. For one thing, it spooked the American chip plant, which needs a consistent flow of potatoes.Evening Update is presented by S.R. Slobodian. If you’d like to receive this newsletter by e-mail every weekday evening, go
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