Bunge Viterra merger is official
U.S.-based Bunge has signed a deal to merge with Viterra in a stock and cash transaction.
The deal will create a global agribusiness company estimated to be worth over U.S $30 billion including debt.
The press release notes that under the terms of the agreement, which was unanimously approved by the Boards of Directors of Bunge and Viterra, Viterra shareholders would receive approximately 65.6 million shares of Bunge stock, with an aggregate value of approximately U.S .$6.2 billion, and approximately U.S. $2 billion in cash.
Canada is experiencing its 'worst wildfire season of the 21st century': Blair
Canada is experiencing its worst wildfire season of the 21st century.
Emergency Preparedness Minister Bill Blair announced the grim milestone Monday, saying more than 47,000 square kilometres have burned so far this year, with 431 wildfires currently burning across Canada.
One of those continues to threaten the Alberta community of Edson, where 8,400 residents remain under an evacuation order issued Friday.
O'Toole warns of 'performance politics,' social media perils in final Commons address
If members of Parliament do not avoid the dangers of "performance politics" and chasing "likes" on social media, future Canadians will look back on the current moment as the start of the country's decline, Erin O'Toole warned Monday.
The former Conservative leader and Ontario MP used his last address to the House of Commons to issue a call to colleagues to focus on what he said should be figuring out the country's national purpose.
Instead of debating that he said, "too many of us are often chasing algorithms down a sinkhole of diversion and division."
Wildfire roundup: What you need to know about blazes burning across Canada
Wildfires are burning dangerously close to a central Albertan town in what federal officials say is an "unprecedented" fire season across Canada. Here's a look at developments Sunday:
Central Alberta wildfires continue to grow
An official in Yellowhead County west of Edmonton says wildfires threatening the area continued to grow overnight but got no closer to evacuated communities.
That includes the town of Edson, Alta., where about 8,400 people were ordered to leave late Friday.
Government partners with Rainbow Railroad agency to seek out LGBTQ refugees
Canada has partnered with a non-profit to seek out LGBTQ people fleeing violence all over the world and refer them to Canada as government-assisted refugees.
Rainbow Railroad is based in North America and aims to help people facing persecution from systemic, state-enabled homophobia and transphobia all over the world.
Until now, the agency has done that by offering emergency relocation, crisis response and cash assistance to people in danger.
From hoses and shovels to water bombers: how wildfires are being fought across Canada
The techniques used to put out the wildfires that are burning across Canada vary somewhat depending on geography, but ultimately they depend on people on the ground with hoses and shovels digging out hot spots one by one, experts say.
As of midday Thursday, there were 430 fires burning across Canada, including 235 that were out of control, according to the Canadian Interagency Forest Fire Centre.
Canadian forest fire centre responds to unprecedented wildfire season
Weather maps hang on the walls and precipitation reports flash across screens in the Winnipeg office where major decisions about Canada’s battle against an unprecedented wildfire season are made.
Inside the Canadian Interagency Forest Fire Centre headquarters in Manitoba’s capital, just east of the exact longitudinal centre of Canada, there are discussions on how best to battle blazes from coast to coast.
“It's definitely an unprecedented season," Jennifer Kamau, communications manager for the centre, said Tuesday.
How to keep your kids safe at the pool, beach and cottage this summer
The season for pool parties, beach excursions and trips to the cottage has begun. Sadly, some of these events turn tragic each year and drowning is the second leading cause of preventable death for children under 10 years old in Canada.
Here are some tips from the Lifesaving Society of Canada on how to keep your kids — and yourself — safe:
When kids are in the water, they should always be within arm's reach of an adult. It only takes seconds for a child to drown.
Weather Network summer forecast: El Niño to bring warm temp west, cooler temp east
A summer forecast warns western wildfires will likely continue to be “a major concern," with higher-than-normal temperatures expected when the second fire season ramps up in July and peaks in August.
The Weather Network released predictions Wednesday that point to a cooler season overall in Canada, although there will likely be periods of hot and dry stretches broken up by unsettled weather in June, July, and August.
'Miracle on the Prairies:' Alberta United Conservatives win majority government
Alberta’s United Conservative Party emerged bloodied but still standing in Monday’s bitterly contested provincial election.
Danielle Smith’s UCP dominated outside Alberta’s two largest cities while retaining enough support in Calgary to overcome an NDP sweep in Edmonton and win a second consecutive majority government.
"To paraphrase our dear friend (former Alberta premier) Ralph Klein, welcome to another miracle on the Prairies,” Smith told cheering supporters on the Calgary Stampede grounds.