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Tag Archives Inflation

Editorial, Op/Ed

Editor’s Take: Woe Canada

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Canada faces many issues internationally that are going to determine the success or failure of its agri-food sector. Is enough being done to address them? That was the subject of a recent summit in Ottawa that John Greig attended on behalf of Glacier FarmMedia. One of the latest and most-hyped endeavours in the agriculture sector
NDP ag critic Alistair MacGregor speaks Feb. 3, 2023 in the House of Commons. (Alistair MacGregor video screengrab via Facebook)
Markets

Federal NDP ag critic to handle food inflation file

Mini-shuffle follows new critic portfolio

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Canada’s federal New Democrats have appointed their critic for agriculture and agri-food to a new point position on a major issue for the fourth-ranked opposition party. After the House of Commons resumed sitting last Monday (Jan. 30), NDP leader Jagmeet Singh on Friday named Alistair MacGregor, MP for the Vancouver Island riding of Cowichan-Malahat-Langford, to
The reputation of the Bank of Canada will be undermined if the public believes that it’s pounding away with a hammer that is not needed and causing much hardship in the process.
Comment, Op/Ed, Other

Comment: Are interest rates the right tool?

The Bank of Canada’s ‘resolute’ fight against inflation could threaten its credibility

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The Bank of Canada “resolutely” declared it will fight inflation by raising interest rates. To demonstrate its unwavering commitment to reach its two per cent inflation target, the eighth consecutive interest rate hike on Jan. 25 brings the policy rate to 4.5 per cent. The bank’s logic is this: when demand outpaces what the economy
Grocers have begun to realize there might be a problem.
Comment, Op/Ed

Comment: A face-saving code for grocers

Food retailers are facing a crisis in public confidence and need the code as much as consumers do

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As reported in recent days, the grocer code of conduct is coming to Canada. Both the United Kingdom and Australia, where grocer oligopolies exist, have a similar code already. This is great news for consumers. In fact, it should be considered a minor miracle. It all started a few years ago with the announcement of
Consumers have become hyper-sensitive to any potential evidence suggesting abuse of market power and grocers will need to navigate the coming months with extreme caution. Showing more public empathy would be a good start.
Comment, Op/Ed

Comment: A look behind the optics on food prices

Lessons from a frivolous picture of overpriced chicken breasts

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It all started with one reporter taking a picture of an overpriced pack of five boneless, skinless chicken breasts. The cost was $26.87 a kilogram, a world-class sticker shocker and at least double what one would expect to pay for chicken breasts. Within hours, the picture became the lightning rod for frustrated consumers on social
The end result.
Farmit Manitoba

Five dollar lettuce a boon to hydroponics start-up

Manitoba inventor takes pandemic project to market

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A Manitoba inventor has developed a homegrown solution to five-dollar lettuce. Neil Evenson is the founder of Radical Growing Company, which produces self-contained, do-it-yourself, single-plant hydroponic kits. Evenson is a design engineer by trade but he loves to tinker in his spare time, and every now and again, those tinkerings turn into a viable product
roasted chickpeas
Farmit Manitoba

Learning to love the musical fruit

FOOD | In this economy, beans had everything to offer except taste – or so I thought

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Who among us, as a child, wasn’t forced to eat food they didn’t like? One of my aunts, young and newly married into the family, tried to force five-year-old me to eat my breakfast cereal – with milk. Big mistake! Fits were thrown. When my parents got home, they were told in no uncertain terms
The increasing price of food was top of mind for everyone this year.
Comment, Op/Ed

The top 10 food stories of 2022

This past year proved interesting to say the least

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As a follow-up to a very busy 2021, the year 2022 was filled with food-related stories. Food was top of mind for many for the entire year. Reflecting on the last 12 months is always interesting, come December. As we do every year, Dalhousie University’s Agri-Food Analytics Lab presents this year’s top 10 food news
Cattle receive supplemented feed at the Myhre farm near Crane River, Man.
News

2022 a series of unanticipated swings

YEAR IN REVIEW: From famine-to-flood moisture and derailed supply chains, there was plenty of volatility to go around

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If last year was the bomb dropping, this year saw the aftermath. Farmers started the year by coming off one of the worst and widespread droughts in decades. For younger producers who weren’t farming in the 1980s, it was probably the worst drought they’ve ever seen. There were heartbreaking stories of herd dispersals, feed shortages
Food prices in Canada will continue to escalate in the new year, with grocery costs forecast to rise up to seven per cent in 2023, new research predicts.
News

Food inflation: Tight grain, oilseed supplies to keep prices elevated

Demand will remain high and production will face challenges in the coming year

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Reuters – Drought or too much rain, the war in Ukraine and high energy costs look set to curb global farm production again next year, tightening supplies even as high prices encourage farmers to boost planting. Production of staples such as rice and wheat is unlikely to replenish depleted inventories, at least in the first

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