The number of Canadian farm operators continues to fall, but women are a growing percentage of working farmers and now account for just more than 30 per cent of all farmers, according to the 2021 Canadian Census of Agriculture.
The price of groceries continued to climb in July, even as the broader Canadian inflation rate moderated. A Statistics Canada’s consumer price index on Tuesday pegged the July inflation rate at 7.6%, down from the near four-decade high of 8.1% notched in June. It was the first month-over-month decline in the inflation rate in a year. However, prices for food purchased from stores were up 9.9% in July, compared to the 9.4% advanced posted in June.
The harvest of winter wheat and fall rye crops is underway in Manitoba, with some barley and dry pea crops also now coming off, according to the latest weekly provincial crop report. Early yield results are described as average, with crop conditions generally looking good to very good in most parts of the province. In total, less than 1% of the Manitoba crop is in the bin.
Binding arbitration has resulted in a new two-year contract agreement between CP Rail and its workers. CP announced the deal with Teamsters Canada Rail Conference (TCRC) earlier this week, one that includes a 3.5% wage increase in 2022 and 2023 and increased benefits. Under the arbitration decision, the TCRC – which represents approximately 3,000 locomotive engineers, conductors, train and yard workers across Canada - will also join a CP Pension Improvement Account.