Recipe Swap – for Aug. 11, 2011

APPLE RASPBERRY CLAFOUTIS (PRONOUNCED KLA-FOO-TEE) Here’s a recipe found in another well-thumbed cookbook found at the yardsale. The cover was missing on this cookbook full of fruit desserts, but I gather its origins are the Okanagan, seeing references to Penticton and Osoyoos. A traditional clafoutis is a baked French dessert made with cherries so this

Strong Canadian Dollar Here To Stay

The fundamentals continue to support a strong Canadian dollar, according to a market analyst. “Our forecast is for the Canadian dollar to hit US$1.05 in Q2, and we’re probably getting there a little faster than anticipated,” said David Watt, senior currency strategist with RBC Capital Markets. The Canadian dollar was sitting above US$1.04 on April


Bank Of Canada Wary Of Commodity Market Reform

World leaders should proceed with caution in efforts to crack down on speculation in commodity markets and must first understand what is causing prices to rise, the Bank of Canada said Feb. 10. French President Nicolas Sarkozy, who is chairing the G20 this year, has put reform of the commodity derivatives market near the top

Canadian Dollar Heading Back To Parity

The Canadian dollar is back within a cent of parity with its U.S. counterpart after seeing some choppy activity in recent weeks. The currency is expected to hold near parity, and likely move above the level, through 2011, according to an analyst. In the third quarter of 2010 the Canadian dollar was under-performing other international


Dollar Seen Softer In Coming Months – for Sep. 9, 2010

The Canadian dollar rallied sharply on Sept. 1 in response to a renewed appetite for risk in the global financial markets. But a generally softer tone is more likely over the next several months given the general economic uncertainty still pervading the globe, according to a currency analyst. Matthew Strauss, senior currency strategist with RBC




Weak Farm Supply Sales A Drag Wholesale Stats – for Jul. 29, 2010

The value of Canadian wholesale trade unexpectedly slipped 0.1 per cent to $44.1 billion in May from the month before, due to a steep drop in sales of farm supplies, Statistics Canada said July 21. Market analysts had predicted a 0.5 per cent rise in May. StatsCan revised April’s decline to 0.2 per cent from


Canadian Dollar Weakens

The Canadian dollar is unlikely to make another move towards parity with its U. S. counterpart anytime soon, and will more likely see some weakness heading through the summer, according to a currency analyst. “We remain, both from a fundamental and from a technical perspective, bearish on the Canadian dollar going forward,” said Matthew Strauss,

Lower Supplies, Steady Demand Spur Price Optimism

The decline in the level of cattle being marketed at the auction yards in Manitoba continued during the week ended June 4. Prices for the cattle remained steady to firm amid steady demand. Discounts for poor choice animals continued to be significant. “The firmness in price for the various classes of cattle continued to reflect