The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
Tag Archives Inflation — page 2
Bank of Canada cuts rates, hails ‘good news’ on low inflation
Food sentiment report shows inflation pressure
Canadians are still seeking cheaper options in the grocery store, according to survey
Canadians are still seeking cheaper options in the grocery store, according to a Dalhousie University food sentiment index survey.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
Comment: The case of the chicken price hike
Why are B.C.’s chicken prices so high?
We deeply value our farmers and rely on their hard work to provide us with essential food. Most farmers are eager to share their stories and take pride in their work. However, when it comes to supply-managed sectors such as dairy, eggs and poultry, the dynamics are a bit different, particularly regarding the prices they
Economic hurdles ahead for farmers
FCC projects sliding revenue fortunes, maintains long-term optimism
A prominent Canadian ag lender is projecting a 4.8 per cent decline in farm cash receipts in 2024, thanks in part to a softening market. Consequently, its leading economist is urging producers to find any way to save money. “In this environment, I do think that management skills are absolutely critical,” said J.P. Gervais, vice-president
Grain markets slowly eroding
Expert’s Radar: There’s little supporting most grain and oilseed futures at the moment
Prices may keep rising at the grocery store, but the general trend in all of the major grains and oilseeds continues to grind lower, with mid-January wheat bids hitting some of their weakest levels of the past few years. World supplies: Wheat is grown around the world, and supplies are more than sufficient to meet
Comment: Looking for traction
This year had a lot of agriculture searching for normal
In early November, I put on boots with the heaviest traction I could find, opened the door and attempted to strike out for a walk with the family dog. Manitoba had just been blasted with an early shot of winter and, although it would all soon disappear, the entire landscape at the time was glazed
Canada’s jobs growth stalls in December as wages accelerate
Declines in goods sector driven by job losses in manufacturing, construction and agriculture
Canada's economy added far fewer jobs than expected in December and the jobless rate remained at 5.8 per cent, but permanent employees' wages increased at the fastest pace in three years, data showed on Friday.
World food price index ends 2023 some ten per cent below 2022 levels
Cereal prices, vegetable oils slumped most over the year, FAO says
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.
Cyber-Savvy Farmer
