By John DePutter & Dave Milne – March 17, 2020
The News:
“The Bank of Canada made a surprise interest rate cut on Friday, trimming its key overnight lending rate by another half point.”
Syngenta Market News, March 16, 2020
Tagged: Bank of Canada
The News & What it Means – Farmland Values Increasing at a Slower Rate & Canadian Dollar Expected to Weaken
By John DePutter & Dave Milne – April 11, 2017
The news:
Canada’s farmland values showed an average increase of 7.9 % in 2016, compared to a 10.1% increase in 2015 and a 14.3 % increase in 2014.
– Farm Credit Canada farmland values report, April 7
The News & What it Means – Canadian Interest Rates Hold Steady & US Midwest Dryness Increasing
By John DePutter and Dave Milne – March 6, 2017
The news: No change for Canada’s Bank Rate
Citing continued uncertainty and concern over the state of the domestic economy, last week the Bank of Canada maintained its overnight rate at 0.5%, where it has been since summer, 2015.
“While there have been recent gains in employment, subdued growth in wages and hours worked continue to reflect persistent economic slack in Canada, in contrast to the US,” the Bank said.
—From multi-media sources.