Canada’s annual inflation rate eased to 1.7 per cent in July from 1.9 per cent in the prior month as lower year-on-year gasoline prices kept the consumer price index low, but core measures of inflation stayed sticky, data showed on Tuesday.
Trade
Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm
U.S. biofuel policies bearish for Canadian oilseeds but opportunities in sight says FCC
Farm Credit Canada reports on biofuel trends to watch amid continued U.S. policy wrangling
While U.S. policy changes may reduce demand for Canadian canola and biofuel exports, but a Farm Credit Canada economist says other renewable fuel opportunities could spur growth.
China buys first Australian canola cargo since 2020, traders say
A Chinese state-run trading firm has booked a cargo of about 50,000 metric tons of new-crop Australian canola, two traders told Reuters, just days after Beijing imposed temporary levies on top supplier Canada.
Parties unitedly condemn China tariffs on Canadian canola
China’s 75.8 per cent tariffs against Canadian canola seed called ‘unjustified,’ spark calls for immediate federal response from Canada’s Liberal government
China's 75.8 per cent tariffs against Canadian canola seed called 'unjustified' spark calls for immediate federal response from Canada's Liberal government.
India’s Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Urges self-reliance
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
Brazil in talks with Canada to revive Mercosur trade deal
Broad push to diversify trade
Brazil is engaged in a "constructive dialogue" with Canada to resume negotiations for a free trade agreement between South America's Mercosur bloc and Ottawa, the Brazilian Foreign Trade Secretary said.
Importers struggle to resell Canadian canola meal caught in China tariff crossfire
Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the protein-rich ingredient, three trade sources said.
Canadian farmers reel as China blocks top canola seed market
Canadian farmers are reeling from China's decision to impose hefty duties on their canola seed, after the surprise move spooked grain buyers into halting purchases and stoked worries there will be little demand for crop deliveries this autumn.
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
China slaps anti-dumping duties on Canadian canola
China on Tuesday announced preliminary anti-dumping duties on Canadian canola imports, a fresh escalation in the year-long trade dispute that began with Ottawa's imposition of tariffs on Chinese electric vehicle imports last August.
Canadian Cattlemen Presents: Depth of Field
