The Globe and Mail reports in its Monday, July 27, edition that Nutrien, a Canadian company and dominant player on the global stage is ready, in the middle of a trade war between Canada and the United States, to invest upward of $1-billion in the U.S. rather than at home.
The Globe's John Turley-Ewart writes that factors driving investment to southern regions include skilled labour availability, efficient logistics, competitive costs, market access and collaboration on projects.
Nutrien decided last December to invest in the Port of Longview, in Washington State, rather than B.C.'s Port of Vancouver, through which it has long shipped.
Canada's Transport Minister, Steven MacKinnon, recently said, "I'd be lying if I told you that [Nutrien's] decision, which is still hard to digest, was not at least an impetus for some action' on the part of the government.
"Some action" for Mr. MacKinnon appears to be a reference to the recent referral of the Port of Vancouver expansion project to the federal government's Major Projects Office to fast-track the development.
Nutrien's choice of port is a case study in what Prime Minister Mark Carney must fix if all his talk, travel and foreign investment deals are to have any meaning.
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