Insights and Stories on Bank Of Canada

Jan. 12, 2024 at 11:26 am CST

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.

By Farm Credit Canada Economics

Jan. 5, 2024 at 10:47 am CST

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.

By Ismail Shakil, Reuters, Steve Scherer

Sep. 1, 2023 at 9:41 am CDT

After the hustle of the 2023 harvest season settles, a lot of Ontario farmers will examine their business’s financial numbers and be surprised at the impact of rising interest rates, says Shawn Brenn, chair of the Ontario Fruit and Vegetable Growers Association. Despite early 2023 predictions that the Bank of […]

By Stew Slater

Oct. 29, 2021 at 12:52 pm CDT

Ottawa | Reuters – The Canadian economy most likely underperformed expectations in the third quarter amid ongoing supply chain woes and a brutal drought, official data suggested on Friday, prompting analysts to forecast the Bank of Canada could move slower on rate hikes. The economy expanded by 0.4 percent in […]

By David Ljunggren, Julie Gordon

Jan. 11, 2019 at 7:38 pm CST

CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re going to see volatility throughout the year obviously but when we look at that season, or the full year average, […]

By Ashley Robinson - MarketsFarm