Bank of Canada Archives - Page 5 of 8

Strong loonie not major threat: FCC economist

Canada still competitive with an 80-cent dollar

By Manitoba Co-operator Staff August 23, 2017

The Canadian dollar’s flirtations with the 80 U.S. cent mark is not likely to undermine agriculture’s potential for the rest of the year, said the principal agricultural economist at Farm Credit Canada. When FCC issued economic outlooks for agriculture back in January, it said the low dollar relative to the U.S. currency had been a

Terry Betker, CEO and president of Backswath Management Inc., advises farmers on managing interest rate risk.

Features, News

Looking for a loan? Add in interest rate risk when deciding to borrow

With Canada enjoying some of the lowest borrowing costs on record, it might be time to consider that expansion, but how do you avoid the landmines if interest rate shifts appear on the horizon?

By Alexis Stockford June 13, 2017

Working on your farm management skills is like exercising… it pays big benefits, but it’s easy to push it off for another day. Only one-third of producers use business advisers or risk management tools, and fewer still do HR, succession, or strategic planning. To help make your farm more profitable (and your life more enjoyable),

News

Low interest rates a risk too

Pay attention to the financial obligations you’re assuming, says FCC’s head economist

By Alex Binkley October 27, 2016

Make good use of low interest rates, but don’t get carried away. That’s the message from Farm Credit Canada’s chief economist, J.P. Gervais, in the wake of announcement from the Bank of Canada that the key overnight interest rate would be left at 0.5 per cent. Bank of Canada Governor Stephen Poloz also said Canada

Livestock, Markets

Currency analysts watch for interest rate decision

By GFM Network News, Jade Markus January 19, 2016

CNS Canada — The likelihood of the Bank of Canada cutting interest rates on Wednesday is already priced into the loonie, according to one analyst — but if the bank instead decides to hold rates steady, the beleaguered currency could move higher. The Canadian dollar was trading around US69 cents (US$1=C$1.45) near midday Tuesday, which

Crops, Markets

Cheaper crude clouds Canada’s economic fortunes

By GFM Network News, Lisa Guenther March 11, 2015

While dropping oil prices have boosted the U.S. economy, how the price slump will affect the outlook north of the border remains a question mark from where Canada’s largest lender sits. “In Canada, it’s a little bit less clear-cut. And the reason is our energy sector is much larger as a share of the overall

Crops, Local news

Land values may have peaked

Land prices could fall, but the only thing that really matters is if you can afford  to make payments on what you’ve already bought

By Shannon VanRaes February 2, 2015

For years land prices and rents have only been doing one thing — climbing. But with the drop in commodity prices and changing markets, it seems that prices may have peaked. “I think we’re at the top of the cycle,” said Merle Good, a former tax specialist from Alberta Agriculture, and a speaker at Ag

Crops, Markets

ICE weekly outlook: Canola spikes as loonie falls

By Dave Sims, GFM Network News January 21, 2015

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S.

Crops, Grain Markets

Loonie forecast to hold its own against U.S. greenback

By Dwayne Klassen April 26, 2013

The loonie will likely continue to weaken against the U.S. dollar, but should stay close to parity in medium to longer term, says ScotiaBank’s chief currency strategist. “The path of least resistance for the Canadian dollar in the near term is weaker,” said Camilla Sutton. However, lower global growth along with the less hawkish stance

News

Canadian dollar won’t move above parity any time soon

By Terryn Shiells March 16, 2013

The Canadian dollar has seen significant declines compared to its U.S. counterpart in recent weeks, and isn’t expected to climb back above parity any time soon, according to currency analysts. The Canadian dollar has continued to move further and further below parity with the U.S. dollar, closing at US98.16 cents on Feb. 21. Although the

News

Farm prosperity will depend on income

By Gord Gilmour February 23, 2013

Farm Credit Canada’s top economist says if you’re a Canadian farmer, you should really be hoping for the best in the Chinese economy. That’s because while population growth catches all the headlines and is credited for growing food demand, it’s looking increasingly like we’ll be able to feed nine billion by 2050. The question is

Daily Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

Tag Archives Bank of Canada

Strong loonie not major threat: FCC economist

Looking for a loan? Add in interest rate risk when deciding to borrow

Low interest rates a risk too

Currency analysts watch for interest rate decision

Cheaper crude clouds Canada’s economic fortunes

Land values may have peaked

ICE weekly outlook: Canola spikes as loonie falls

Loonie forecast to hold its own against U.S. greenback

Canadian dollar won’t move above parity any time soon

Farm prosperity will depend on income

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