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Nutrien to curtail operations at Cory potash mine due to BC port strike

The impact of the ongoing BC port strike is having major implications.

Nutrien announced yesterday that it has curtailed production at its Cory potash mine due to the loss of export capacity at the Port of Vancouver's Canpotex Neptune terminal.

Ken Seitz, Nutrien’s President and CEO says if the strike continues it could also impact production at their other potash mines in 
the province. 

Last week, Fertilizer Canada called on Ottawa to take immediate action raising its concerns about the impact as Canada exports 95 per cent of the potash we produce through the Port of Vancouver.

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Tax credit program attracts investment by biofuels company

Video: Tax credit program attracts investment by biofuels company

Canary Biofuels has qualified for a $1.7-million tax credit under Alberta’s Agri-Processing Investment Tax Credit program for constructing a cold press oilseed crushing plant in Lethbridge. The company is investing $18 million in the project that is expected to create 40 permanent and 25 temporary jobs, process 200,000 tonnes of seed per year and produce value-added products such as canola oil and meal. This is just the latest example of how the province is attracting job-creating investment to diversify Alberta’s economy.