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Once-eased US economic sanctions against Iran back in effect - The London Free Press + MORE Aug 7th
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B.C. ranchers say costs of wildfires likely top hundreds of millions
– canadianbusiness.com
The British Columbia Cattlemen’s Association says wildfires have inflicted a terrible financial and emotional toll on its members.
Association manager Kevin Boon says wildfires that broke out earlier this month in B.C.’s Cariboo and Chilcotin regions are estimated to have charred about 1,000 square kilometres of ranch land.
He says cattle, fences, feed and infrastructure have all been destroyed.
Boon expects financial losses for the association’s nearly 1,200 beef producers will top hundreds of millions of dollars.
He says the federal and provincial governments have offered assurances that assistance will be provided, but the extent of the help or how it will be delivered is still unknown.
Boon says ranchers are in the process of tallying the damage.
The post B.C. ranchers say costs of wildfires likely top hundreds of millions appeared first on Canadian Business – Your Source For Business News.
Association manager Kevin Boon says wildfires that broke out earlier this month in B.C.’s Cariboo and Chilcotin regions are estimated to have charred about 1,000 square kilometres of ranch land.
He says cattle, fences, feed and infrastructure have all been destroyed.
Boon expects financial losses for the association’s nearly 1,200 beef producers will top hundreds of millions of dollars.
He says the federal and provincial governments have offered assurances that assistance will be provided, but the extent of the help or how it will be delivered is still unknown.
Boon says ranchers are in the process of tallying the damage.
The post B.C. ranchers say costs of wildfires likely top hundreds of millions appeared first on Canadian Business – Your Source For Business News.
Crude producers lock in financial hedges ahead of oil sands glut
– theglobeandmail.com
Heavy-crude producers are taking advantage of stronger prices to boost financial hedges, seeking to protect cash flow before a rush of new oil sands production hits the market later this year.
