Farms.com Home   News

Ontario declares provincial food terminal protected employment zone

TORONTO - The Ontario Food Terminal located in west-end Toronto has been declared a protected employment zone, which prevents it from being relocated.
 
Municipal Affairs Minister Steve Clark says the province made the decision to protect the estimated 100,000 jobs that depend on the terminal.
 
The province launched a review of the terminal earlier this year, sparking fears the facility could be moved to make way for residential development.
 
Agriculture Minister Ernie Hardeman announced in July that the terminal would remain in its current location.
 
The Ontario Food Terminal was established in 1954 to help farmers in the province get their produce to market.
 
It has since become the largest wholesale produce market in the country, also serving Eastern Canada and some northern states south of the border.
Source : FCC

Trending Video

Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.