Canada's retail sales shrank by 1.1 per cent in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.
Tag Archives Economy
Canada’s retail sales shrink as tariffs bite, June expected to improve
Food and beverage saw declines, led declines in beer, wine and liquor sales and declining convenience store transations
Canada’s annual inflation rate in June up slightly to 1.9 per cent
Rise in prices led by durable goods, clothing, footwear
Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
The dollar may be in the stratosphere, but few experts are predicting that it will weaken anytime soon. That includes economists with FCC.
FCC’s top economic charts to monitor in 2024
Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability
As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.
Report aims to show animal agriculture’s interconnections
CAPI hopes to broaden policymakers' perspective
A new report for the Canadian Agri-Food Policy Institute seeks to educate policymakers about the impact of animal agriculture on economic, social and environmental levels. The report, titled Forces Impacting Animal Agriculture In Canada: A Synthesis, delves into the issues surrounding cattle, dairy and poultry production in the country and how it is interconnected within […] Read more
Is the economy at the peak of expansion?
Market Talk with Jerry Klassen
When I started writing for Canadian Cattlemen many years ago, I had the pleasure of talking to an old-time cattle feeder. He gave me some extraordinary wisdom. He stated if you want to be a successful analyst in the cattle market, you need to focus on economy and consumer spending. Since the recession in 2020, […] Read more
Monetary and fiscal policy weighs on Canadian dollar
Market Talk with Jerry Klassen
The Canadian dollar has been trending lower since making a seasonal high of just over 80 cents U.S. in early April 2022. At the time of writing this article, the Canadian dollar was nearing two-year lows of around 75 cents U.S. Canadian fed and feeder cattle exports are running sharply above year-ago levels and export […] Read more
China to step up investment in rural infrastructure
Beijing | Reuters – China will accelerate investment in rural infrastructure to improve its ability to ensure food supply while also stabilizing the economy, according to a plan published by the agriculture ministry on Tuesday. The plan, backed by eight ministries and government agencies, comes amid slowing growth in the world’s second-biggest economy, due to […] Read more
Market value alone is selling nature short, governments told
Economic valuations needed but 'not sufficient,' co-chair says
Reuters — What is the value of a river? Is it for the nutritional content of the fish it sustains? The economic benefit of the local livelihoods it supports? Or does the river have its own value which humans cannot measure? Such questions may seem removed from the issues the world faces, from deepening climate […] Read more
ICE weekly outlook: The larger picture behind drop in canola
MarketsFarm – While the declines in canola prices can be partially attributed to the lack of major weather concerns on the Canadian Prairies and the early development of this year’s crop, an analyst said the main reason is on a grander scale. “The major one is the overall drop in the commodity world. For instance, […] Read more
Canadian Cattlemen Presents: Depth of Field
