choose to become a global food super-power
Toronto, March 19, 2014 /CNW/
- Canada could move from being one of the
top 20 net food exporting countries in the world to
being one of the top five within the next few years—
while addressing the legitimate needs of Canadians
for safe, healthy and affordable food. The Canadian
Food Strategy, unveiled by The Conference Board of
Canada at the 3rd Canadian Food Summit 2014, is a
blueprint for change in the food sector.
"The food sector already contributes more than 8 per
cent of Canada's gross domestic product and is
directly responsible for hundreds of thousands of
jobs. But it can become even more successful if our
producers capture a larger share of the growing
international food market, said Michael Bloom,
Vice-President, Industry and Business Strategy.
"Taken as a whole, the food sector has the potential
to be among the foremost export industries for
The second day of the 3rd Canadian Food Summit: From
Strategy to Action begins with a session called
Developing a Food Export and Trade Action Plan to
Grow Canada's Food Sector.
The Canadian Food Strategy outlines several action
items that could make Canada a food-exporting
- Expand presence
in existing and emerging markets, including new
- Link aid and
trade to address the challenge of global food
multilateral and bilateral free trade agreements
to improve exporters' access to international
high-quality national, provincial, and regional
food brands and product specializations for wide
- Build a Canada
Brand to reinforce food brands and products
using positive images of Canada's natural
environment and culture and our reputation for
product quality and safety.
The Canadian Food
Strategy been developed from a conviction that
changing our nation's food system is both an
opportunity and an imperative. Each of the five
elements of the Canadian Food Strategy -- industry
prosperity, healthy food, food safety, household
food security, and environmental sustainability --
are closely interrelated. For example, increasing
Canada's production of food and export levels must
be done while minimizing negative impacts on the
environment. And improvements in diet and the
success of food-related population health efforts
will reduce the incidence of chronic disease, which
will, in turn, reduce pressure on the health care
The Strategy sets out the eight goals and more than
60 desired outcomes, and provides 110 action
strategies that can help to achieve them.
To encourage implementation efforts and to track
progress, the Conference Board's Centre for Food in
Canada intends to continue its work on promoting the
Canadian Food Strategy through three initiatives:
- establish the
Canadian Food Observatory to monitor progress in
the food sector and measure progress in
achieving the goals of the Strategy.
- produce an
Annual Report Card: Food in Canada— Performance
and Potential summarizing the progress made in
the previous year, using metrics established by
further research on new and emerging issues.
Board of Canada
property solo or with friends or family?
TD advises on specific considerations when taking a
less conventional approach to buying property
Toronto, March 25, 2014 /CNW/ - Today's homebuyers
don't always look like the traditional nuclear
family of the past. As a recent TD survey
discovered, a quarter of Canadians who bought a home
in the last 24 months - or are planning to in the
near future - did so on their own. Furthermore, four
in ten Canadians think buying property - whether a
primary residence or vacation home - with friends or
family members is a great way to get started. With
this shift towards non-traditional ways of
purchasing property, planning carefully can help
avoid potential bumps on the road.
"Whether buying a home on your own or together in
partnership with family members or friends, many of
the guiding principles remain the same," said
Michelle Snow, Associate Vice President, Retail
Products at TD. "Start by setting a realistic
budget, talking to a mortgage specialist for advice
and taking the time to make an informed decision.
The real estate market may move fast, but that
doesn't mean you have to rush your decision."
Whether buying alone or with someone else, the first
step is to decide how much you are comfortable
spending, and what the down payment will be.
Homebuyers pooling their resources may be able to
make a larger down payment on their purchase, and
there are benefits to this. For example, homebuyers
who put down 20 per cent or more may avoid paying
for mortgage default insurance. The premiums for
mortgage default insurance are calculated as a
percentage of the mortgage and paid up front or by
adding it to the principal portion of the mortgage.
Eliminating or decreasing this premium can result in
significant savings over the lifetime of the
"Once homebuyers set their budget and down payment,
they can take their prospective monthly mortgage
payment for a test-drive and 'pay' into a TFSA or
savings account," said Snow. "This two-fold solution
allows the homebuyer to see how comfortable the
monthly mortgage payment is before locking in, and
save for a larger down payment at the same time. For
co-purchasers, it opens the line of communication to
talk about how these monthly payments will work
after the purchase."
While agreeing on a budget and down payment are
essential, the conversation shouldn't stop there,
Snow advises. Co-purchasers also need to agree on
the key characteristics they want in a property, and
what they are and are not willing to compromise on.
For example, will the primary residence be a house
or condominium? If it's a second home to be used as
a vacation destination, will it be a cabin in the
woods or a cottage by the water? Once these
decisions are made, consider how the associated
costs, like taxes, insurance, utilities, repairs and
maintenance fees will fit into the overall budget.
"The last thing new homeowners want is an unwelcome
surprise when they're about to sign on the dotted
line," Snow said. "Whether purchasing alone, or with
a co-purchaser, a mortgage specialist can help
navigate home financing questions well before
they've entered the house hunt, so they can make
informed decisions that can save money and stress in
the long run."
For more information, tools and resources on home
protest arrest of Catholic activists under terrorism
Tuesday, 18 March 2014 12:10
Protests are growing in Sri Lanka over the security
forces' arrest of two outspoken Catholic human
rights activists under stringent terrorism laws. ...
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Ukrainian Catholics fear 'new oppression'
Friday, 14 March 2014 10:49
OXFORD, England --
A Ukrainian Catholic priest in Crimea said church
members are alarmed and frightened by the Russian
military occupation and fear their communities might
be outlawed again if Russian rule becomes
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trip immerses s travellers in India
Sunday, 16 March 2014 12:00
Walk through the tea estates of Darjeeling and meet
the families who have spent generations harvesting
the leaves that may end up steeped in Canadian cups.
Meet the children of the lowest caste who, with
classical musical instruments, literally play...
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