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
“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
“The International Monetary Fund has raised its estimate for Canada’s economic growth rate for this year and 2018, putting it at or near the top of the heap among advanced economies.”
– Financial Post, Oct. 10, 2017
“On July 1, Canadian farmers had 13.0 million cattle on their farms, up 0.1% from July 1, 2016. Inventories were 23.3% below their peak level recorded in July 2005.”
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
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.