Cooking up a Thanksgiving feast? Here’s where turkey prices stand
Global News
With the threat of avian influenza having subsided, turkey supply has increased this year, said Darren Ference, chair of the Turkey Farmers of Canada.
At this year’s Thanksgiving, Canadians will find a “significant” supply of whole turkeys and at “really good prices,” farmers say.
The news before the holiday season will likely be a welcome respite for many after recent years of high inflation and soaring grocery prices.
Demand for turkey typically spikes around this time of the year, with more than a third (37 per cent) of whole turkey sales for 2023 happening at Thanksgiving, according to the Turkey Farmers of Canada.
With the threat of avian influenza — which impacted the turkey sector a couple of years ago — having subsided, supply has increased this year, said Darren Ference, chair of the Turkey Farmers of Canada.
“This year there’s been no signs of HPAI (highly pathogenic avian influenza),” he told Global News in an interview Monday.
“The stocks are actually up. This year, I think we were up about four or five per cent over last year on frozen stocks, so supplies will be good.”
So far this year, avian influenza has impacted approximately 67,300 birds on nine commercial and non-commercial premises, according to data the Canadian Food Inspection Agency shared with Global News.
Out of these, roughly 50,000 turkeys have been affected by the virus, said Michael Di Mambro, national incident manager at the CFIA.
Canada's labour market added roughly 15,000 jobs in October, enough to keep the unemployment rate steady at 6.5 per cent in the month.
A weaker Canadian dollar tied to Donald Trump's victory could be inflationary north of the border, which could make our central bank more hesitant to cut rates too quickly.
The employee was indicted for allegedly distributing personal information of TD Bank customers, the latest criminal probe to hit the U.S. arm of the Canadian financial institution.
Stock markets were rising broadly higher on news of Donald Trump's U.S. election victory on Wednesday. Here's how investors say you should adjust your portfolio.
The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand, which she says will take time.
Donald Trump was previously a crypto skeptic but changed his mind and took a favorable view of cryptocurrencies ahead of the election.
Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.
Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.
Bell Canada will use $4.2 billion of the proceeds it got from selling its stake in Maple Leaf Sports & Entertainment to Rogers Communications to fund this acquisition.
With the costs of pet ownership rising, the Competition Bureau sees an opportunity to drive down the prices of medication by expanding distribution to pharmacies.
Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence in business bookings.