Farms.com Home   News

SCOC Carbon Tax Case Continues

Saskatchewan began arguing its carbon tax reference case before the Supreme Court of Canada
yesterday.
 
The case which continues today is the first case to be argued in person before the SCOC
since the start of the COVID pandemic.
 
Lawyers for the Saskatchewan and Ontario governments faced some tough questions from
the Supreme Court Justices.
 
At issue is whether Ottawa has the constitutional right to implement the Federal
Carbon Tax on the Provinces as part of its plan to fight climate change.
 
The Province's lawyers argued the power lies with the provinces and that Ottawa should not be allowed to override it,
while Federal lawyers argued the case is more about climate change.
 
The hearings are expected to wrap up before the Supreme Court on Wednesday while deliberations on
the case are expected to take several months.
Click here to see more...

Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.