Abstract

The concept of sustainable phosphorus is studied in depth around the world, as the scientific community largely agrees that the non-renewable phosphorus reserves in the form of phosphorite ore must be used judiciously. Unfortunately, many developed countries, including Canada, have yet to implement a phosphorus management plan. The Netherlands, Germany, and Switzerland can be heralded as success stories of effective, committed, cross-sector phosphorus management. We examine factors that contributed to their success and consider how these may be transferred to Canada. We also consider Canadian geographic and research factors and contrast the Canadian policy environment and phosphorus recycling efforts with those in the EU. Finally, we analyze active Canadian and North American phosphorus interest groups and seek to determine why their collective efforts have yet to coalesce around tangible action. Canada produces phosphorus fertilizer from imported deposits of phosphate rock. Canada produces potassium fertilizer from its rich potash mines, making it a global power in nutrient production. It is imperative that Canada earns a respected leadership role in efficient global phosphorus and potassium nutrient management and recycling.

Highlights

  • Performance Highlights: Agrium maintains a focus on continual improvement in our performance across financial, operational, safety and sustainability measures

  • Leveraging our capabilities through our Wholesale business unit to be a low-cost producer of nutrients, our strength is in our ability to deliver what our customers need, where and when they need it

  • Agrium is a proud participant in the communities in which we operate, and we look for ways to help them develop through community relations, job creation and other economic contributions

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Summary

OPERATIONAL EXCELLENCE RESULTS

>$600-million one-time proceeds from portfolio review and reduction in average non-cash working capital. I would like to express my gratitude to Agrium’s shareholders for their ongoing support and thank the members of our Board of Directors for the invaluable roles they play in overseeing our financial and operating performance The quality of their governance continually garners external recognition, and our success as a company is a direct result of the excellent guidance they provide. This Company will remain focused on executing our strategy as we strive to be the top global integrated agricultural products, services and solutions company We can achieve this by continuing to drive efficiency and productivity throughout our operations, growing our portfolio through organic initiatives and value-enhancing acquisitions, and prudently managing our capital allocation decisions. Identify areas and implement initiatives for further continuous improvement in Agrium’s EHS&S performance and governance

OPERATIONAL EXCELLENCE
NITROGEN EXPANSION PROJECTS
RETAIL GROWTH
NITROGEN EXPANSION
CAPITAL RETURN GROWTH
RISK METHODOLOGY
E Modest
OUR PROCEDURES FOR ASSESSING PROVISIONS AND CONTINGENCIES
DISCLOSURE CONTROLS AND PROCEDURES
CORPORATE MANAGEMENT
OPERATING SEGMENTS
CAPITAL MANAGEMENT
EXPENSES
INCOME TAXES
POST-EMPLOYMENT BENEFITS
SHARE-BASED PAYMENTS
12. INVENTORIES
14. INTANGIBLES AND GOODWILL
15. INVESTMENTS IN ASSOCIATES AND JOINT VENTURES
16. OTHER ASSETS
19. OTHER PROVISIONS
21. BUSINESS ACQUISITIONS
Findings
23. CONTINGENT LIABILITIES
Full Text
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