FCC macroeconomic predictions for 2022 highlight rising rates

Mar 15, 2022

Farm Credit Canada (FCC) has released its macroeconomic snapshot for the first financial quarter of 2022. While FCC anticipates Canada’s economic growth will be weaker this quarter than the latter half of 2021 due to the Omicron variant and supply chain disruptions, this is expected to change in the second quarter, with growth continuing through the rest of the year.

The Bank of Canada increased its overnight rate to 0.50 per cent on March 2; FCC expects this rate to continue climbing throughout 2022 and to reach 1.5 per cent by year end. According to FCC, the magnitude of these rate increases will be largely influenced by the rate of business investment, how fast consumers deplete savings accumulated during the pandemic and the degree in which the Russia/Ukraine conflict impacts the Canadian economy.

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Video: Sow Welfare and Group Housing Systems - Dr. Laya Alves

In this episode of The Swine it Podcast Show Canada, Dr. Laya Alves from the University of São Paulo, in Brazil, discusses how animal welfare regulations are evolving globally and their impact on pig production systems. She explains challenges in group housing, pain management, and euthanasia decisions, while highlighting the role of training and management in improving outcomes and economic sustainability. Listen now on all major platforms!

"Translating welfare requirements into daily farm routines without compromising economic sustainability remains one of the biggest challenges faced by producers globally today."

Meet the guest: Dr. Laya Alves / laya-kannan is a Postdoctoral Researcher at the University of São Paulo, Brazil, focusing on animal welfare in pig production, including pain management, euthanasia, and economic decision making. Her work integrates welfare science with practical farm management and sustainability. She collaborates globally to develop applied tools for producers.