Business

Opinion

Balancing act of farm risk-management programs

Laura Rance-Unger 4 minute read Saturday, May. 16, 2026

It’s a long-standing and generally accepted principle of Canadian agricultural policy that farmers need taxpayers’ help countering the unpredictable and wildly fluctuating risks of their operating environment.

Farmers have some measure of control over production choices. Their management can increase yields and reduce reliance on expensive production aids such as fertilizer or pesticides. They can also build an allowance for the unexpected into their game plan, such as seeking off-farm income.

But that can only go so far.

Farmers can’t plan for weather, climate, twists and turns in crop prices, the effect of external forces such as U.S. President Donald Trump’s tantrums or becoming collateral damage in Canadian diplomatic spats with China.

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Opinion

Employees choosing stability again; what can smaller employers do?

Tory McNally 6 minute read Preview

Employees choosing stability again; what can smaller employers do?

Tory McNally 6 minute read Saturday, May. 16, 2026

For the past several years, employers have been operating in what felt like a constant state of movement.

Workers were changing jobs more freely, exploring new industries, pursuing higher wages and re-evaluating what they wanted from work. Employers were told they needed to move quickly, offer flexibility and be prepared for talent to leave just as quickly as it arrived.

The labour market felt fast, fluid and, at times, unpredictable.

Lately, there are signs another shift may be taking place.

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Saturday, May. 16, 2026

Opinion

REIT idea

Joel Schlesinger 5 minute read Preview

REIT idea

Joel Schlesinger 5 minute read Saturday, May. 16, 2026

Real estate is often on Manitobans’ minds. It’s close to home, literally.

We must either pay rent for shelter or own a home. Both can stretch budgets these days. Yet ownership is a cornerstone of wealth because the principal residence exemption allows for long-term growth in home values tax-free.

It’s been a heck of an investment if you were lucky enough to get on board before prices soared. Consider the aggregate benchmark (typical dwelling) price of a home was about $199,000 in 2006 in Winnipeg. Today, it’s nearly $395,000.

That’s an increase of nearly 100 per cent.

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Saturday, May. 16, 2026

Agriculture

Fertilizer, diesel costs beset farmers

Gabrielle Piché 5 minute read Preview

Fertilizer, diesel costs beset farmers

Gabrielle Piché 5 minute read Friday, May. 15, 2026

Soybeans are on Jason Rempel’s radar.

The Manitoba farmer has dodged rising nitrogen fertilizer prices — he pre-bought last fall — but if costs continue to climb, he’ll be seeking more soybeans for 2027.

The crop doesn’t require much nitrogen fertilizer, unlike the wheat and corn Rempel is currently spreading across his land near Landmark.

Nitrogen fertilizer prices have jumped 30 to 40 per cent in Western Canada since the United States and Israel attacked Iran earlier this year, according to Farm Credit Canada. Around one-third of global seaborne fertilizer ships through the now-blockaded Strait of Hormuz.

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Friday, May. 15, 2026

Business

Manitoba Innovates revs up already bustling new HQ

Malak Abas 5 minute read Thursday, May. 14, 2026

A new organization dedicated to supporting Manitoba startups is celebrating its new Winnipeg headquarters and the small businesses already working in it.

Manitoba Innovates has 85 startups occupying its office spaces at 423 Main St. in different capacities — everyone from “a single entrepreneur with a slide deck and a vision to companies of 80 or 90 employees,” said Paul Card, the group’s chief executive officer.

“We’re really here to build a community around growth, job creation and investment. And those aren’t always easy to do, but it’s easier to do on average, through a large community,” Card told the Free Press at Thursday’s launch event.

“There will be some wins and there’ll be some losses, but en masse, what we’re hoping to do is make all those things happen.”

Business

Manitoba falls well back of Canadian peers in securing international investment: WEDT

Gabrielle Piché 4 minute read Preview

Manitoba falls well back of Canadian peers in securing international investment: WEDT

Gabrielle Piché 4 minute read Wednesday, May. 13, 2026

Manitoba lags behind other provinces in attracting international investment, a local economic development agency says.

Winnipeg Economic Development & Tourism counted six announcements of global investment projects in Manitoba last year.

Saskatchewan saw 13, Alberta and British Columbia pulled 68 each, while Ontario and Quebec drew 278 and 95, respectively. Both Nova Scotia and New Brunswick also announced more projects than Manitoba (19 and eight, respectively).

“We’re not getting a fair share of all the wins coming to Canada,” said Alberto Velasco-Acosta, Winnipeg Economic Development & Tourism vice-president international.

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Wednesday, May. 13, 2026

Business

Princess Auto to unveil vision with new Panet Road flagship

Malak Abas 3 minute read Preview

Princess Auto to unveil vision with new Panet Road flagship

Malak Abas 3 minute read Wednesday, May. 13, 2026

Princess Auto’s newest retail location in Winnipeg — a 105,000-square-foot “community-driven” flagship store — will open its doors June 2.

The 500 Panet Rd. store will include a workshop station where customers can try out tools, a space for people to come in and learn about machinery they may have not typically purchased, and educational opportunities for schools.

It’s a “pretty new retail experience” for the massive Winnipeg-based company, said Kim Leadbeater, Princess Auto’s vice-president of marketing.

“This location is a bit of a pilot for the future of our retail experience, this is more than just a standard shopping opportunity,” she said Wednesday.

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Wednesday, May. 13, 2026

More Business

Business

Venerable Winnipeg retailer Warehouse One seeks to liquidate chain

Aaron Epp 5 minute read Preview

Venerable Winnipeg retailer Warehouse One seeks to liquidate chain

Aaron Epp 5 minute read Wednesday, May. 6, 2026

Winnipeg-based Warehouse One Clothing Ltd. is insolvent and is seeking court protection to restructure its business as it prepares to close more than 120 stores across Canada.

The denim retailer, which operates the Warehouse One and Bootlegger banners, said in a news release Wednesday it has commenced proceedings under the Companies’ Creditors Arrangement Act “to allow for an orderly wind down of its operations.”

The company is owned by Vancouver-based Stern Partners, which did not respond to a request for comment.

A pre-filing report prepared by Alvarez & Marsal Canada Inc., the appointed CCAA monitor, states Warehouse One Clothing has experienced financial and operational challenges in recent years that have negatively impacted its profitability and strained liquidity.

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Wednesday, May. 6, 2026

Business

The Latest: Trump threatens bombing if Iran doesn’t reopen strait

The Associated Press 16 minute read Wednesday, May. 6, 2026

President Donald Trump has raised hopes, again, that the United States and Iran are moving closer to an initial agreement to end the war, amid reports of another U.S. proposal that he has not detailed. And "if they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before,” Trump posted on social media Wednesday.

According to reporting by Axios, the U.S. has sent for Iran's review a one-page memorandum to end the war, with provisions including a moratorium on Iranian uranium enrichment, a lifting of U.S. sanctions, the distribution of frozen Iranian funds and the reopening of the Strait of Hormuz. The White House did not respond to questions about the possible agreement, and Trump wrote that it was “perhaps a big assumption” that Iran would agree.

Also Wednesday, Commerce Secretary Howard Lutnick is appearing before a House committee investigating convicted sex offender Jeffrey Epstein as lawmakers seek answers for Lutnick’s contact with him in the years after 2008. Lutnick has given contradictory statements about his relationship with Epstein but said he has done nothing wrong and welcomed the closed-door interview with lawmakers.

And elections in Indiana, Ohio and Michigan on Tuesday reinforced a picture that’s becoming increasingly clear — while Trump still dominates the Republican Party, ousting lawmakers who Democrats seem to have the momentum ahead of November’s midterm elections. In Indiana, five of the president’s candidates won with the help of an avalanche of cash.

Business

US and Iran appear to move closer to ending their war as Trump threatens more bombing

Joshua Boak, E. Eduardo Castillo And Russ Bynum, The Associated Press 6 minute read Wednesday, May. 6, 2026

WASHINGTON (AP) — The United States and Iran appeared to be moving closer Wednesday to an initial agreement to end the war, as U.S. President Trump sought to pressure Tehran with threats of a new wave of bombing if a deal is not reached.

Trump posted on social media that the two-month war could soon end and that oil and natural gas shipments disrupted by the conflict could restart. But he said that depends on Iran accepting a reported agreement that the president did not detail.

“If they don’t agree, the bombing starts,” Trump wrote.

Trump made his latest comments after he suspended a short-lived U.S. effort to force open a safe passage for commercial ships through the Strait of Hormuz, a vital waterway through which major oil and gas supplies, fertilizer and other petroleum products passed before the war.

Arts & Entertainment

CNN founder Ted Turner, a brash and outspoken television pioneer, dies at age 87

David Bauder, The Associated Press 5 minute read Wednesday, May. 6, 2026

NEW YORK (AP) — Ted Turner, a brash television pioneer who raced yachts, owned huge chunks of the American West and transformed the news business by launching CNN and introducing the 24-hour cable news cycle, died Wednesday. He was 87.

Turner died surrounded by his family, according to Turner Enterprises, the company that oversees his vast business interests.

Turner owned professional sports teams in Atlanta, defended the America’s Cup in yachting in 1977 and donated a stunning $1 billion to United Nations charities. He married three women — most famously actor Jane Fonda — and earned the nicknames “Captain Outrageous” and “The Mouth of the South.”

He once bragged: “If only I had a little humility, I’d be perfect.”

Business

Building up Winnipeg’s ‘shovel-ready’ supply

Joyanne Pursaga 5 minute read Preview

Building up Winnipeg’s ‘shovel-ready’ supply

Joyanne Pursaga 5 minute read Wednesday, May. 6, 2026

A lack of serviced industrial land hindered Winnipeg’s growth last year, but a boost to that supply is on the way.

In 2025, only 20 acres of vacant industrial land was “absorbed” in the Manitoba capital — a significant decline from the annual average of 48 acres over the past five years. (A vacant property is deemed absorbed if a new building is erected on it, a City of Winnipeg report notes.)

City leaders blame a limited supply of vacant shovel-ready land (properties with access to sewer, water and other services) as a key cause of the issue.

“For the jobs and the opportunities that are out there, we need to have shovel-ready lands … so that when industries are looking at expanding and increasing their production, then Winnipeg is a viable option,” said Coun. Jeff Browaty, chair of the finance committee.

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Wednesday, May. 6, 2026

Balancing act of farm risk-management programs

Laura Rance-Unger 4 minute read Preview

Balancing act of farm risk-management programs

Laura Rance-Unger 4 minute read Saturday, May. 16, 2026

It’s a long-standing and generally accepted principle of Canadian agricultural policy that farmers need taxpayers’ help countering the unpredictable and wildly fluctuating risks of their operating environment.

Farmers have some measure of control over production choices. Their management can increase yields and reduce reliance on expensive production aids such as fertilizer or pesticides. They can also build an allowance for the unexpected into their game plan, such as seeking off-farm income.

But that can only go so far.

Farmers can’t plan for weather, climate, twists and turns in crop prices, the effect of external forces such as U.S. President Donald Trump’s tantrums or becoming collateral damage in Canadian diplomatic spats with China.

Read
Saturday, May. 16, 2026

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