Carney’s new green agenda

While some say Justin Trudeau’s government had a much more hands-on approach to environmental issues, appearing to favour deterrents over incentives, the Carney government’s strategy may be more restrained and integrated with its economic agenda.

Industry believes green pea supplies are over-reported

Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.



Canadian Dollar and Business Outlook: Loonie up, gold surges

Glacier FarmMedia | MarketsFarm – The Canadian dollar moved above the 73 United States cent mark on Monday morning. The loonie was at US$0.7303 or US$1=C$1.3693 as of 9:40 a.m. CDT, compared to Friday’s close at US$0.7289 or US$1=C$1.3720. Canadian Prime Minister Mark Carney and Canada’s premiers will meet for a three-day summit in Muskoka, Ont.[...]


Canadian Financial Close: Loonie higher as oil and gold jump

Glacier FarmMedia | MarketsFarm – The Canadian dollar advanced on Tuesday, as prices for crude oil and gold shot upward. The loonie ended the day at US$0.7255 or US$1=C$1.3783, compared to US$0.7240 or US$1=C$1.3813 on Monday. The United States Dollar Index fell 0.62 of a point at 99.21. Statistics Canada reported today the country had a merchandise[...]

Canadian Financial Close: Loonie up, gold sets new record

The Canadian dollar ended Wednesday just shy of the 72 United States cent mark. The loonie closed at US$0.7199 or US$1=C$1.3890, compared to US$0.7177 or US$1=C$1.3934 on Tuesday. The Bank of Canada announced this morning that it was leaving its key interest rate unchanged at 2.75 per cent. It was the first time the central[...]





North American Grain/Oilseed Review: New crop canola, CBOT grains in green

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange took a breather on Wednesday, while new crop positions continued their upward momentum. Rain across the southern Prairies in the coming days will improve crop conditions, but they could also pressure prices. Weakening basis levels could also be an indicator of less[...]