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The Bank of Canada raised its policy rate by a quarter point to 2.5 per cent, just before the federal budget is due. A former governor comments on the state of the Canadian economy following the hike.
A tighter Canadian rate stance strengthens the loonie and raises financing costs for Canadian agriculture and feed operations, which can modestly weigh on canola complex prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.