
CTV National News: Calls to diversify canola exports continue
As China begins subjecting Canadian canola to new tariffs, industry leaders are calling for Canada to diversify trade of the crop. Allison Bamford reports.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


National Post
12 minutes ago
- National Post
Harden welcomes Food Basics to Phase III of Plaza Hawkesbury
HAWKESBURY, Ontario — Harden announces the grand opening of Food Basics, the first tenant of Plaza Hawkesbury – Phase III. This ± 32,000 sq. ft. supermarket, renowned for its competitive prices, opened its doors yesterday, offering the community of Hawkesbury and the surrounding area, a new and affordable quality shopping experience. Article content The expansion of Plaza Hawkesbury, located on Tupper Street at the intersection of County Road 17, adds 45,000 square feet of leasable area to the existing shopping center, already home to major tenants such as LCBO, Dollarama, Tim Hortons, Mark's, Winners, Sports Experts, Staples, and many others. Article content Article content Article content Phase III represents an investment of over $20 million and will also include another building. Approximately 9,000 square feet are still available, offering an exceptional opportunity for retailers and restaurateurs to establish themselves in the heart of a fast-growing sector. Article content 'The opening of Food Basics at Plaza Hawkesbury marks an important milestone for the Hawkesbury community and the region: offering residents a quality, affordable and sustainable option,' says Bill Harden, Harden's founder and Chairman. 'Thanks to the dedication of our employees, we delivered this project ahead of schedule and within budget, underscoring our commitment to serving our tenants and fostering growth in Hawkesbury; a town that is near and dear to our hearts. Thanks to Food Basics for choosing Hawkesbury and Harden for making this vision a reality.' Article content With nearly 170,000 sq. ft. of commercial space on an 800,000 sq. ft. site, Plaza Hawkesbury is one of the region's largest commercial hubs and plays a central role in strengthening the local economy. The site also benefits from the nearby presence of flagship stores such as Walmart and Canadian Tire, which generate a steady flow of traffic. Originally from Hawkesbury themselves, the members of the Harden family take pride in contributing to the area's vitality and appeal. Article content About Harden Article content Established in 1985, Harden is a second generation, family-owned real estate company whose primary focus is owning and operating commercial, residential, and industrial properties in many communities throughout the provinces of Quebec and Ontario. Vertically integrated, Harden specializes in all facets of the real estate development process, including, development, construction, leasing, and asset management. Article content Article content Article content Article content Contacts Article content


CTV News
12 minutes ago
- CTV News
Caterpillar, Deere count the costs of tariffs as soft demand limits pricing power
Industrial machinery makers are being battered by steeper costs from U.S. President Donald Trump's sweeping tariffs, with sluggish demand and high interest rates leaving little room to pass those expenses onto customers. Caterpillar and Deere, both sector bellwethers, have flagged hefty tariff-related hits this year, most of which they expect to absorb in the coming months as policy shifts keep markets on edge. Global companies that reported between July 16 and Aug. 14 projected a combined financial hit of US$14.2 billion to $15.8 billion for the full year, the Reuters' tariff tracker shows. During their respective earnings calls, Caterpillar said tariffs on imported components and materials would weigh on margins, while Deere warned of higher costs for steel and other inputs critical to its agricultural and construction equipment. The new round of tariffs, part of Trump's expansive push to protect U.S. manufacturing and narrow trade deficits, covers a wide range of industrial goods and raw materials. Machinery makers are already contending with a soft demand environment, as an uncertain economic outlook and elevated borrowing costs prompt customers to delay large capital investments. Deere was not able to raise prices as much as expected in its construction and forestry unit, while price increases in its agriculture business were modest and a bit below forecasts, Edward Jones analyst Faisal Hersi said. That has made it harder to pass on rising expenses, a sharp contrast to the pandemic years when resilient farm incomes and robust infrastructure spending allowed equipment makers to offset supply chain disruptions with price hikes and shield their margins. Quarterly operating profit in Deere's construction & forestry unit roughly halved from last year, while Caterpillar's overall operating profit fell nearly 20 per cent. The tariff hit will be felt most in Deere's Small Ag & Turf and Construction & Forestry units, Jefferies analyst Stephen Volkmann said, with pricing moves only partially offsetting the blow. While the levies are designed to spur domestic production, they have raised concerns among manufacturers that rely on global supply chains. Deere expects just a one per cent price gain this year in its largest division, Production & Precision Agriculture, leaving little to cushion a hit from normal cost inflation. Caterpillar is facing as much as $1.5 billion in tariff-related costs in 2025, including $400 million to $500 million in the third quarter alone, but is keeping its revenue guidance slightly above 2024 levels. 'Currently, inventory destocking is the norm as demand cools, pressuring CAT and DE's ability to push through higher prices onto their customer base,' CFRA Research analyst Jonathan Sakraida said. On the demand side, Caterpillar is finding some relief in its Energy & Transportation unit, which supplies engines, turbines, and locomotives for industries from power generation to rail, with strength there helping offset weakness in its Construction Industries and Resource Industries segments. Deere, with its heavier reliance on the farm equipment market, has faced a sharper slowdown, with sales down nearly 18% so far this year. Caterpillar's power generation business, for instance, is avoiding deep discounts to clear inventory, while Deere is expected to take a more aggressive pricing stance in Brazil as those markets move into a recovery phase, Sakraida said. The world's largest farm equipment maker, which expects $600 million in tariff impacts this year - $100 million north of its prior expectation, has cut its annual profit forecast twice this year as slowing farm equipment sales weigh on results. (Reporting by Shivansh Tiwary and Nathan Gomes in Bengaluru; Editing by Anil D'Silva)


Globe and Mail
12 minutes ago
- Globe and Mail
Silver Birch Growth Launches Research Collective for Executives to Navigate AI and Digital Growth Strategies Without the Sales Pitch
Toronto, Ontario--(Newsfile Corp. - August 15, 2025) - Silver Birch Growth Inc. (SBG) has launched The Collective, a 100-person network of senior operators who have scaled businesses and made high-stakes calls. The group delivers unfiltered opinions on innovative tech to C-suite leaders at brands, while fostering word-of-mouth executive introductions. Members benefit from advisory gigs and royalties on warm intros, access to a curated community that puts its members ahead of emerging tech trends. In a market craving discreet access to knowledge without salespeople, the Collective shares opinions and saves on buying direct, thanks to rebates for valued input. "This ends up being one of the most profitable ways for founders to grow, while gaining high-value customers who give valued feedback," Founder Randy Gilling said. Consulting contracts often add undue cash outlay-appeasing legacy business models like professional services. SBG has assembled senior operators who have actually run companies and faced tough calls. These people get on calls with brands at no cost, and are available fractionally in addition to being contributors for product research. SBG earns through wholesale deals with Founders building great tech, displacing expensive sales and marketing overhead required to scale sales. Brands and C-suites join a free but need to qualify. They get priority access to resources, visibility into how solutions are being adopted at peer companies in their markets, and they get to spot unicorns before everyone else knows about them. SBG has trusted technical partners for fast onboarding and integrations where needed so strategy-confident leaders can avoid the anxiety of execution risk with solutions they adopt. Beyond research, members often lead hands-on growth projects, support technology rollouts, and shape go-to-market strategies for brands across the ecosystem-ensuring that insights from the Collective directly drive execution and measurable results Media Spotlights: Founders featured on SBG's Rapid Traction podcast, (listen at Proprietary Scoring Edge: Powered by SBG's scorecard system, evaluating critical factors like product market fit, founder mental toughness, AI readiness, sales velocity, revenue scalability, and comes with SBG network demand validation estimating possible imminent market interest for products. It quantifies unicorn potential, validates products & services, and for winners comes with a scoring by SBG coupled with a qualified pipeline of actual buyer interest. "The SBG Collective cuts through the noise in a market flooded with sales pitches. Their vetted network gives us early access to game-changing tech, direct founder dialogue to shape solutions around real needs, and the opportunity to help other brands capture value from innovations that actually work," Rick Egan, Riviera Marketing Fractional CMO SBG may hold business ties with covered entities, including wholesale agreements and future investments via an internal private capital initiative. Disclosures appear in all research notes for full transparency. About SBG Silver Birch Growth Inc. (SBG) delivers research fused with sales pipelines, guiding brands and investors through AI and digital innovations to capture scalable growth. SBG is a growth ecosystem connecting companies to tomorrow's unicorns before they go mainstream. Research Disclaimer: At SBG, we conduct independent research on startups, emphasizing product market fit, sales scalability, founder/team quality, and growth potential to support informed decisions and network opportunities. This scorecard relies on public data, voluntary contributions, and anonymized feedback. Participation is optional; without input, we limit analysis to publicly available information. All scores and insights are subjective opinions for educational purposes only-not financial advice, endorsements, or guarantees. We prioritize privacy: Personal data is never shared without explicit consent. Reviewed companies can request a free copy, corrections, or request an opt-out at sales@ Disputes will be reviewed promptly. By participating, you agree to anonymized aggregation of your responses. For more details and for questions, visit SBG aligns with FTC guidelines on fair reviews and focuses on verifiable facts and opinions to minimize risks.