Inflation Archives - Page 5 of 19 - Manitoba Co-operator

File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)

Trudeau summons top grocers over rising food prices

Major grocers' level of profit 'does not make sense,' PM says

By David Ljunggren, Deborah Mary Sophia, GFM Network News September 15, 2023

Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to cut federal taxes on new rental buildings, as he fights an affordability crisis that has dented his party’s opinion poll ratings. After meeting with Liberal

Editorial, Op/Ed

Editorial: Count your garden blessings

By Alexis Stockford September 5, 2023

A little under a year ago, I wrote that sticker shock at the grocery till was putting more emphasis on garden produce. From firsthand experience, I talked about dusting off my preserving skills. We in the Stockford house made gallons upon gallons of salsa, juice, cider, jelly and a variety of soups, all carefully canned

'... we are all actively pursuing special offers, forsaking national brands, and gravitating towards more affordable stores.' – Sylvain Charlebois.

Comment, Op/Ed

Comment: Interest rates affect food choices

Food and shelter are bare necessities and when the cost of one goes up too quickly, consumers cut back on the other

By Sylvain Charlebois July 26, 2023

The Bank of Canada has once again increased its benchmark interest rate. Concurrently, a growing number of financial experts express apprehensions about the potential impact of yet another rate hike on consumers. Their concerns are not unfounded. Let us examine the evidence. Undoubtedly, food and housing constitute the fundamental necessities of life. Pertinent data reveals

Markets, News

Mother Nature can have a toddler’s temperament

Expert's Radar: Recession concerns may lead speculators to exit commodities

By Phil Franz-Warkentin July 4, 2023

Getting young kids involved with helping around the house is important for their development, building responsibility and growing their skills, but it can also come with plenty of unintended consequences. Dishes slip out of small hands and break. The soup bowls at the table are paired with dessert spoons. The mirror has more fingerprints than

Markets

Canada retools inflation baskets with more focus on food, gas

Snowblowers and barbecues in, DVD players out

By David Ljunggren, GFM Network News June 20, 2023

Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline. The reweighting, which Statistics Canada carries out every year, has historically had only a marginal impact on the

Editorial, Op/Ed

Editor’s Take: Booms and busts

By Gord Gilmour June 15, 2023

I’m just old enough to remember the farm bust of the 1980s. I was a teenager at the time, and like all good parents would, my folks tried to shield me from the worst of their worries and woes. But I grew up on a grain farm, and in that era, troubles were unavoidable all

Company executives argued that food price inflation was due to problems with global supply chains in the aftermath of the pandemic.

Comment, Op/Ed

Comment: Grocery Code of Conduct should benefit Canadians and food industry

The code was promised following concerns over grocery inflation

By Giovani J.c. Da Silveira June 12, 2023

The cost of filling your grocery cart in Canada increased by 10.3 per cent in 2022 and is projected to increase by an additional five to seven per cent this year. In response to this and other concerns, the House of Commons standing committee on agriculture and agri-food initiated studies on food price inflation and

“The overall economy to me is going to be slowing down. It’s just a matter of when and the extent of it.” – J.P. Gervais.

News

With crop in the ground, keep an eagle eye on cost of production: management specialist

By Geralyn Wichers June 8, 2023

Canadian farmers may have received more for what they sold last year, but they paid a pretty penny to get it to market. It showed in their profit margins. Overall farm income fell by nearly 10 per cent in 2022, according to a recent report from Statistics Canada. Canadian farmers’ realized net income — the difference between cash

Crops, Markets, Weather

FCC offers new credit line against ‘current economic environment’

Ag lender to waive loan processing fees

By Dave Bedard, GFM Network News May 24, 2023

Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on Tuesday said it will offer an unsecured credit line of up to $500,000 with loan processing fees waived, “to help producers, agribusinesses and agri-food operations

Markets

Feds lock in higher interest-free portion on cash advances

Budget boost in effect as of Monday

By Dave Bedard, GFM Network News May 10, 2023

A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed Wednesday that the interest-free limit under the Advance Payments Program (APP) for the 2023 program year is now $350,000, effective Monday (May 8). The regulatory

Daily Network News

Canadian agriculture must be seen as growth sector: Blois

Chicken, eggs benefit from demand for economical protein

Spain detects first swine fever cases outside initial Barcelona outbreak zone

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