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Canada potash project may cost BHP growth elsewhere, say investors

Canada potash project may cost BHP growth elsewhere, say investors
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UPDATE 3-Canada ready to discuss COVID-19 vaccine IP waiver, not interfering or blocking -Trudeau

5/7/2021 By David Ljunggren and Steve Scherer OTTAWA, May 7 (Reuters) - Canada is ready to discuss an intellectual property rights (IP) waiver for COVID-19 vaccines and will not block one even though it stresses the importance of protecting patents, officials said on Friday. U.S. President Joe Biden on Wednesday threw his support behind waiving IP rights for COVID-19 vaccines. Any such waiver would have to be negotiated through the World Trade Organization (WTO). We ve been working with partners at the WTO to find a consensus-based solution and are ready to discuss proposals, in particular for COVID-19 vaccines, Prime Minister Justin Trudeau

UPDATE 1-New Nutrien CEO to carry out current strategy, focus on potash price

5/4/2021 By Rod Nickel WINNIPEG, Manitoba, May 4 (Reuters) - Canadian fertilizer and farm dealer Nutrien Ltd will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new Chief Executive Mayo Schmidt said on Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting profits for Nutrien. Even so, Canada s biggest agriculture company hired Schmidt as CEO last month to replace Chuck Magro, who resigned. When we think about potash, we re certainly focused on price over supply, Schmidt said in his first conference call with analysts since taking the top job in April.

CORRECTED-UPDATE 2-Canadian industry urges government to end Montreal dockworkers strike

By Reuters Staff 2 Min Read (Corrects spelling of Perrine to Perrin in paragraph 8 and Gearing to Gerling in paragraph 10) MONTREAL, April 26 (Reuters) - Dockworkers at Canada’s second-largest port on Monday began their second strike in less than a year, as business leaders urged Ottawa to quickly end a walkout they said could cost the economy C$25 million ($20 million) a day. The federal Liberal government said on Sunday it would introduce special legislation to end the strike at the Port of Montreal, hoping to stop it from hurting the economic recovery from the COVID-19 pandemic. Unionized workers, in talks for a new contract since 2018, started a partial strike last week and warned they were prepared to walk off the job completely to protest changes to their work schedule.

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