After a three-year hiatus, Canada’s long-treasured CP Holiday Train is finally ready to set out on another cross-continent adventure. Speaking of Canadian trains, congestion within Canada’s railway network looks like it could stifle Prairie farmers’ ability to export this year’s harvest.
Canadian winemakers are also looking for ways to increase this year’s harvest after volatile weather conditions wreaked havoc on last year’s crops. One way to mitigate profit loss is by raising prices, which seems to be the game plan for many Canadian brewers who continue to face the effects of inflation.
Catch up on these stories and more in this week’s ICYMI.
Potential price hikes coming for Canadian beer
Although most reports indicate that inflation has finally begun to slow down, a representative for Molson Coors Canada recently told the Montreal Gazette that he expects beer prices to be on the rise in the coming weeks.
While it seems like the U.S. will see more significant price hikes for the time being, the Molson executive says inflationary pressures are weighing on profit margins, and raising prices is the only viable recourse.
Head to the Montreal Gazette to read the story in full.
CP Holiday Train returns
Canada’s beloved CP Holiday Train will be making its first cross-continent tour this winter following a three-year pandemic-induced hiatus. The tour will kick off on November 23 and will feature 168 live shows with artists like Tenille Townes and Lindsay Ell, all while raising money, food, and awareness for local food banks along the CP network.
Find out more at the Canadian Pacific Railway website.
Wine producers worried about winter
Ontario wine producers are still facing an uphill battle after extreme cold temperatures wreaked havoc on the province’s wine industry last winter. As a result, many are seeking new solutions to cope with increasingly volatile weather events, but using new technologies to mitigate the effects of climate change come with a costly price tag.
Head to CBC News for more.
Railway constraints could pose a problem for Prairie wheat harvest
After a dismal year in 2021 and one of the best years of all time in terms of overall production in 2022, the wheat industry in the Canadian Prairies is now positioned to bounce back in a big way. Some experts, however, believe that limitations within Canada’s railway network could pose a big problem when it comes time to export.
Visit The Globe and Mail to read the full story.
Canadian biodiversity is on the decline
New data submitted by the nonpartisan Office of the Auditor General of Canada has seemingly revealed that Canada has failed to deliver on its past promises to protect ecosystem biodiversity.
The report suggests that global biodiversity, which refers to the variety of different kinds of life that exist in a habitat, is declining at an unprecedented rate, and Canada has not taken sufficient steps to address the loss of biological diversity.
Find the full report at CBC News.
