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Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable
News, Reuters

Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut

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Reading Time: 2 minutes Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
‘Am I better off to pay more for land right next to me, or pay the right value for land that’s farther away?’ – Pascal Thériault.
Features

Summer Series: Win from the sidelines

[Land] The spike in farmland prices has boosted the equity of farmers all across Canada. We ask McGill economist Pascal Theriault, is this a historic opportunity?

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Reading Time: 5 minutes Are farmers leveraging their new-found equity to generate new business opportunities or farm wealth? To explore what farmland values mean for farms and farming across Canada, Country Guide sat down with Pascal Thériault, agricultural economist at Macdonald Campus, McGill University and vice-president of Quebec’s Ordre des agronomes. Country Guide (CG): The specifics vary across the […] Read more
“Continue to see increases in farmland.” – Kim Passmore and Brandon Wilcox, registered appraisers. S.W. Irvine & Associates, Guelph, Ont.
Features

Summer Series: Where will land prices be in 10 years?

[Land] Insider predictions on what to expect from land prices in the next decade

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Reading Time: 5 minutes There is just one word to describe the value of farmland in Canada: high. Or maybe that should be HIGH. Cultivated farmland across Canada jumped an average 12.8 percent last year, says Farm Credit Canada. It’s the biggest jump since 2014 and part of an upward trend that has seen land values post continuous gains […] Read more
Opportunities ahead
Features, Management

Opportunities ahead

What’s in store for Canada’s farms in 2024? The news is good, mostly

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Reading Time: 10 minutes Land is up. Inputs are up. Commodities are volatile. And that’s just a start. Climate change is getting real. Interest rates are too. And the international scene is chaos. Does it all add up to good news for your farm in 2024? Bad news? And what can you do to keep your farm on the […] Read more
High food prices are the result of pricing decisions made beyond the farm gate.
Features

Farmers are losing the perception battle on food prices

[Make It Count: The Battle] No wonder consumers are confused. One moment we say the carbon tax will drive up the cost of food. The next we say it can’t

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Reading Time: 6 minutes Like many farmers I am worried about the the misunderstandings the general public has about farming and where their food comes from. This concern has prompted me to spend many hours in classrooms talking to students about agriculture. For a number of years, I was a regional co-ordinator for the classroom agriculture program arranging speakers […] Read more

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