Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks […] Read more
Tag Archives inflation

Major grocery chains agree to help stabilize prices, feds say
Any moves must not undercut farmgate prices, government warns

Trudeau summons top grocers over rising food prices
Major grocers' level of profit 'does not make sense,' PM says
Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to […] Read more

Editorial: Action on food inflation
Since 2014, the week beginning on the first Monday in June in each year is known as Local Food Week in Ontario. Local Food Week was proclaimed in the province’s […] Read more

Canada retools inflation baskets with more focus on food, gas
Snowblowers and barbecues in, DVD players out
Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes […] Read more

New support not indicative of debt crisis: FCC
The agriculture lender has announced new credit lines with waived fees, but maintains there is no debt crisis on the horizon
Farm Credit Canada has new support for farmers facing financial difficulties. On May 23, the lender announced it will offer unsecured credit lines up to $500,000 to agricultural producers and […] Read more

FCC offers new credit line against ‘current economic environment’
Ag lender to waive loan processing fees
Farm Credit Canada’s recent outreach to specific agrifood sectors hit by unusual environmental conditions has now extended to those hit by the broader “economic environment.” The federal ag lender on […] Read more

Feds lock in higher interest-free portion on cash advances
Budget boost in effect as of Monday
A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed […] Read more

Opinion: Keep political bitterness out of Canadian food
Examination of food price inflation offers opportunity for government to explain the components of food pricing
Glacier Farmmedia – Some things are more apparent than real. If the price of food jumps by 15 or 20 per cent due to rising global inflation, it is assumed […] Read more

Drought curtails Argentina’s latest ‘soy dollar’ scheme
Soy supply 'a very different situation' now
Buenos Aires | Reuters — Farmers participating in Argentina’s “soy dollar” plan to boost exports have traded less than half of the soybeans they had traded at the same point […] Read more

Canadian farmland values exceed expectations
Ontario leads the way in farmland value increases across the country
Glacier FarmMedia – Ontario farmland prices led the nation with an average increase of 19.4 per cent, well above the Canadian average increase of 12.8 per cent. The data was […] Read more