statistics canada

Crop yields up, but prices down

Crop yields up, but prices down

Sep 6, 2024 | 1:27pm
Crop yields in Saskatchewan are better than last year, but the decline in prices will mean lower overall returns. Using Statistics Canada estimated yields and comparing them to the estimated yields from one year ago, all crops are showing a significant increase. It should be noted that the Statistics Canada yields do vary from those […]
Grain farmers made less money in first half of 2024 compared to livestock producers

Grain farmers made less money in first half of 2024 compared to livestock producers

Aug 30, 2024 | 1:31pm
Farm cash receipts from crops decreased in the first six months of the year as compared to 2023 while livestock receipts were higher. According to Statistics Canada, farm cash receipts for Canadian farmers totalled $47.4 billion in the first two quarters of the year, down $1.6 billion from the previous year. Crop receipts fell $3.3 […]
Latest projections expect more production and average yields, but less harvested acres

Latest projections expect more production and average yields, but less harvested acres

Aug 28, 2024 | 4:14pm
Statistics Canada released model-based projections of production of various crops for each province on Wednesday morning. In Saskatchewan, they expect more canola, durum, lentils, oats, dry peas, and flaxseed to be produced, but less spring wheat, barley, and mustard seed. Production for canola is anticipated to be 10.6 million tonnes this year; spring wheat 11 […]
People with disabilities twice as likely to have food insecurity, StatCan report says

People with disabilities twice as likely to have food insecurity, StatCan report says

Aug 21, 2024 | 9:55am
A new Statistics Canada report says people with disabilities are twice as likely to live in food insecure households than those without disabilities. The report used data from the 2021 Canadian Income Survey and found 26.4 per cent of respondents with a disability experienced some level of food insecurity, compared to 12.5 per cent of […]
Statistics Canada says manufacturing sales down 2.1% in June at $69.6B

Statistics Canada says manufacturing sales down 2.1% in June at $69.6B

Aug 16, 2024 | 7:57am
Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower. Overall, the agency says sales were down in 17 of the 21 subsectors. Sales in the transportation equipment subsector dropped 2.9 per cent to $11.0 billion in […]
Bank of Canada cuts key interest rate to 4.5%

Bank of Canada cuts key interest rate to 4.5%

Jul 24, 2024 | 6:57am
The Bank of Canada cut its key interest rate for the second straight time, bringing its key rate down to 4.5 per cent. Forecasters say slowing inflation and a weak economy justified a second consecutive cut by the central bank. After a historic run-up, the central bank lowered its policy rate for the first time […]
In the news today: Interest rate cut possible this week: Economists

In the news today: Interest rate cut possible this week: Economists

Jul 22, 2024 | 4:15am
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Interest rate cut possible this week: Economists Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing. Expectations that the bank will […]
Airfares continue to rise from last year — and soar above pre-pandemic levels

Airfares continue to rise from last year — and soar above pre-pandemic levels

Jul 16, 2024 | 10:41am
Statistics Canada says airfares rose two per cent year-over-year in June, and continued to soar above pre-pandemic levels. Figures from the consumer price index show the increase follows a 4.5 per cent year-over-year bump in May and a fairly flat April. Prices also stood nearly 19 per cent above what travellers paid for their plane […]
Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Jul 16, 2024 | 8:18am
Canada’s annual inflation rate fell to 2.7 per cent in June, with Statistics Canada largely attributing the deceleration to slower year-over-year growth in gasoline prices. In Saskatchewan inflation is at 1.4 per cent (1.5 the previous month.) Regina saw 1.4 per cent (1.5 previous month) with Saskatoon seeing a big bump, with the rate at 1.9 up […]
Canadian unemployment rate rose to 6.4% in June as jobs market stalls

Canadian unemployment rate rose to 6.4% in June as jobs market stalls

Jul 5, 2024 | 9:46am
The Canadian job market stalled in June as the economy lost 1,400 jobs and the unemployment rate climbed to its highest level in more than two years, bolstering the case for further interest rate cuts by the Bank of Canada. Statistics Canada said Friday the unemployment rate came in at 6.4 per cent for the month, up from 6.2 […]

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