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Canada and Ontario Building Broadband in Oxford County

OXFORD COUNTY – As part of the Ontario governments plan to connect every community to high-speed internet by 2025, the governments of Canada and Ontario are investing nearly $500,000 to bring fast, reliable high-speed internet to more than 200 homes, farms and businesses in Oxford County.

In partnership with Southwestern Integrated Fibre Technology (SWIFT) Inc., the completion of this broadband project in September 2022 will help connect the communities of Culloden, Delmer and Ostrander, to the high-speed internet service they need and deserve. These new connections will help farms and businesses to attract new customers, grow their operations and create new jobs while also enabling people to connect online to work, learn and pursue opportunities.

“A fast and reliable internet connection is essential to the growth and prosperity of all Canadian communities,” said Jennifer O’Connell, Parliamentary Secretary to the Minister of Intergovernmental Affairs, Infrastructure and Communities, on behalf of the Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities. “In partnership with the Government of Ontario, our Government is thrilled that construction of a new fibre optic network has begun, providing the communities of Culloden, Delmer and Ostrander with enhanced internet access. This network will soon connect hundreds of homes, farms and businesses with family, friends, customers and essential services.”

“Our government is getting it done and delivering on its commitment to provide access to high-speed internet throughout rural Ontario,” said Lisa Thompson, Minister of Agriculture, Food and Rural Affairs. “Building new broadband infrastructure in Oxford County will help build Ontario and strengthen rural communities by helping people stay in touch with loved ones, enabling them to access the supports they need while providing a much-needed boost to the local economy.”

“For several years, I have been advocating for reliable and affordable broadband for rural Ontario residents," said Oxford MPP Ernie Hardeman. "The construction of new broadband infrastructure will benefit numerous families and businesses and help to expand and create new opportunities. Our government has made internet expansion a priority and we are getting it done, not only for residents in Oxford County but across the province.”

The contract to expand broadband services in Oxford County were awarded by Southwestern Integrated Fibre Technology (SWIFT) Inc, a not-for-profit corporation, initiated by local municipalities to address connectivity in Southwestern Ontario. More than $255 million has been invested by the Governments of Canada and Ontario and the private sector, to bring high-speed internet to more than 63,000 households and businesses in Southwestern Ontario through SWIFT by the end of 2025.

“SWIFT is proud to partner with the federal and provincial governments as we continue to expand broadband service throughout Southwestern Ontario,” said Gary McNamara, SWIFT Board Chair. “With the important infrastructure investments made in Oxford County and with construction now underway within the Townships of South-West Oxford and Zorra, many more residents and communities will soon have access to long-term sustainable fibre-optic connectivity.”

Source : Ontario

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.