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☆ Gardeners are fuming about a study that found produce from urban farms has a high carbon footprint
▼ + stars: | 2024-02-29 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

Fruits and vegetables grown on urban farms have on average six times the carbon footprint of produce from conventional farms, the study, which was published in the peer-reviewed journal Nature Cities , found. Hawes said that produce grown on 17 out of the 73 urban farms his team studied across five countries had lower carbon footprints than produce from conventional farms. Rushdan also argued that urban farms are a much more sustainable use of land than commercial or industrial development. The letter also alluded to the structural problems that can prevent urban farms from being more permanent, including commercial development and barriers to landownership. "Our work does not lessen the many benefits that urban agriculture provides," Hawes said in an email.

Persons: shockwaves, Jason Hawes, Hawes, Rushdan, Detroit's, Benjamin Goldstein, Goldstein, they'd, Monica Fitzgerald Organizations: Service, University of Michigan, Nature, YouTube, Business, University of Michigan School for Environment, Sustainability, Detroit, BI, US Department of Agriculture Locations: Detroit, Philadelphia, Washington, DC, Boulder , Colorado

☆ 2 friends who sold everything to move off-grid together say prioritizing friendship over a romantic partnership has been a relief
▼ + stars: | 2024-02-26 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +8 min

They didn't want to put their life on hold waiting for a romantic partner to buy land and a home. Casey and Savannah are bucking the traditional path — both by moving off-grid and by making friendship the center of their lives. Savannah added that moving off-grid has been challenging, especially because they are doing nearly all the work themselves. How the 2 friends fund their off-grid lifeCasey and Savannah did a lot of research before taking the leap into off-grid life. A nontraditional pathSavannah said they both knew they'd really be "sealing the deal" on a life together by moving off-grid.

Persons: Casey, —, it's, they'd, Savannah Organizations: Service, Business, Savannah, YouTube Locations: Savannah, California, Casey, there's

☆ Zero-carbon energy generated a record 41% of US power in 2023
▼ + stars: | 2024-02-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

A record amount of renewable energy, led by solar, was added to the grid. It was the opposite story for wind power. They generated a record 41% of US power in 2023. Rowlands-Rees said that falling gas prices made it the cheapest form of energy in 2023. The power sector, as recently as 2016, was the top emitter.

Persons: BloombergNEF, Tom Rowlands, Rees, BloombergNEF's, Rowlands, —, Biden, Jeannie Salo Organizations: Service, Investments, Business, Companies, Industry, Schneider Electric, Toyota Locations: China, America, Japan, Southeast Asia, Coast, New York, Massachusetts, Georgia, North Carolina, Business

☆ Google is making a map of methane leaks for the whole world to see
▼ + stars: | 2024-02-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Oil, gas, and coal operations are thought to account for 40% of global methane emissions from human activities. At least 155 countries have also signed the Global Methane Pledge, which calls for a 30% reduction in emissions. The pledge initially launched in 2021, but since then, methane emissions have continued to rise . To help change that trajectory, the US and Europe last year issued regulations cracking down on methane emissions from fossil fuel infrastructure. By 2027, those imports will have to meet methane emissions standards on par with Europe's.

Persons: Steve Hamburg, —, Yael Maguire, Maguire Organizations: Service, Google, Environmental Defense Fund, Business, International Energy Agency, Google Geo Locations: Agriculture, MethaneSAT, Dubai, Europe, Japan, South Korea, Hamburg

☆ This is the first Super Bowl powered by 100% renewable energy
▼ + stars: | 2024-02-10 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +1 min

Allegiant Stadium is the first in NFL history to get all its power from renewable sources. A sprawling solar farm in the Nevada desert is creating the power supply. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Allegiant Stadium in Las Vegas will be powered by 100% renewable energy — a first in Super Bowl history. The electricity is supplied by a sprawling solar farm of 621,000 panels and battery storage in the Nevada desert that’s owned by the utility NV Energy and was developed by EDF Renewables.

Persons: Taylor Swift, that’s Organizations: Service, NFL, Super, Energy, EDF Renewables, Business Locations: Nevada, Las Vegas

☆ It might be the year to upgrade your home's heating and cooling system and get a big discount
▼ + stars: | 2024-02-08 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Electric heat pumps are also more efficient at heating and cooling homes than systems powered by oil and propane. Heat pumps move hot and cold air from indoors to outdoors, rather than burn fuel, and can save the average US homeowner an estimated $500 a year. Cutting the up-front costs of buying and installing heat pumps is a key way to increase sales. "There's a lot of outdated information about heat pumps out there." AdvertisementMcIlwain said Maryland was working to put more information online, including a database of contractors, electricians, and manufacturers trained on heat pumps.

Persons: Maine —, Serena McIlwain, Joe Biden, Jay Apperson, Sage Briscoe, Emily Levin, McIlwain Organizations: Service, Wednesday, Business, Energy Information Administration, Maryland Department of, Heat, Management, Rewiring, Energy Department, state's Department of Locations: Maine, Maryland, California , Colorado , Maine , Massachusetts , New Jersey , New York , Oregon, Rhode, States, Rewiring America, Massachusetts, California, New York, Hawaii, New Mexico, Rewiring, NESCAUM

☆ Your energy costs could become a lot more unpredictable
▼ + stars: | 2024-02-01 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

For more than a decade, Americans could rely on cheap natural-gas prices to heat their homes and power businesses. Prices shot up exponentially, and homeowners, renters, and businesses are still seeing the ripple effects on their utility bills — even though natural-gas prices have since fallen. Just six years later, the US surpassed Qatar to become the world's leading exporter of natural gas. Slocum added that natural-gas exports put upward pressure on prices, citing recent reports by the US Energy Information Administration and the Federal Energy Regulatory Commission . The higher costs between 2021 and late 2023 are due to the energy crisis in Europe and "cannot explicitly be linked" with greater US gas exports, the spokesperson said.

Persons: Joe Biden, Tyson Slocum, Goldman Sachs, Slocum, Mike Sommers Organizations: Service, Business, LNG, US Energy Information Administration, Federal Energy Regulatory, American Petroleum Institute, CNBC, Energy, Consumer Locations: Russia, Ukraine, Europe, Texas, New Mexico, Qatar

☆ Meet a startup trying to keep your screen time from destroying the planet
▼ + stars: | 2024-01-26 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. Our cloud usage is powered by a growing network of data centers in buildings filled with rows and rows of routers and servers. AdvertisementHyperscaling data centers puts tech giants like Microsoft, Amazon, and Google in a tough spot when it comes to their goals of drastically slashing greenhouse-gas emissions this decade. JetCool's technology could save data centers up to 15% of their overall power consumption, based on internal tests, the company said. A partnership with Sabey Data Centers last year demonstrated a 13.5% reduction in power use.

Persons: Bernie Malouin, Malouin, JetCool, Dell Organizations: Service, Netflix, Business, Microsoft, Google, MIT, Sabey, Bloomberg Locations: Virginia , Arizona, Nebraska, Europe

☆ Ski season needs fresh snow. Resorts are struggling as the climate crisis forces them to rely on fake snow to make money.
▼ + stars: | 2024-01-18 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

For Brendan Gibbons, snow rules the day. "I used to say, 'We'll get our snow," Gibbons, director of snow services for Palisades Tahoe, told Business Insider. "The entire business model and opportunities for profit are getting squeezed into a shorter season with lower quality snow," Mankin said. He worries that little ski towns will suffer the most as the climate crisis worsens and potentially consolidate into larger conglomerates. Areas where average winter temperatures exceed -8 degrees Celcius, or 17 degrees Fahrenheit, will lose more and more snowpack with each degree of warming.

Persons: Brendan Gibbons, Gibbons, Justin Mankin, haven't, they've, Mankin Organizations: Service, Business, Palisades, Northern Hemisphere, Northeastern, Dartmouth College Locations: Sierra Nevada, Southwestern, Europe, New Hampshire, Vermont, Massachusetts, Mankin, Palisade, Business

☆ The world hasn't been this warm in 100,000 years
▼ + stars: | 2024-01-11 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Data from ancient ice cores and tree rings suggest the world hasn't been this warm in 100,000 years. But climate scientists who track these trends were still shocked by how high temperatures soared. Europe's Copernicus Climate Change Service made the official call this week. Carlo Buontempo, the service's director, said evidence suggests the world hasn't been this warm in 100,000 years, meaning no cities, farms, or other parts of modern society have ever endured this heat. AdvertisementBut the Copernicus climate scientists said that these weren't the only factors and that some required more research.

Persons: Carlo Buontempo, Buontempo, Copernicus, El Niño, Niño, Samantha Burgess, Burgess Organizations: Service, UN Locations: Business, Munich, Tonga, Paris

☆ Want to work in climate? Look to Georgia and the Carolinas
▼ + stars: | 2024-01-04 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

That figure reflects planned projects in Georgia, South Carolina, North Carolina, Tennessee, and Kentucky. Brian Kemp of Georgia, Roy Cooper of North Carolina, and Henry McMaster of South Carolina. Albemarle, which mines lithium, a key component of EV batteries, plans to build processing plants in South Carolina and open new mining operations in North Carolina. In Georgia, companies have announced at least 26 projects that they estimate could create 14,881 manufacturing jobs. Companies in South Carolina project nearly 11,500 jobs, while more than 8,200 jobs are estimated in North Carolina.

Persons: Bob Keefe, Keefe, who's, Brian Kemp of, Roy Cooper of, Henry McMaster of, Kemp, There's Organizations: Companies, Service, Henry McMaster of South, BMW, Hyundai, South, SK, EV, Mining Locations: Georgia, South Carolina, Business, Carolinas, Georgia , South Carolina, North Carolina , Tennessee, Kentucky, China, Asia, Dalton , Georgia, Atlanta, Savannah, Brian Kemp of Georgia, Roy Cooper of North Carolina, Henry McMaster of South Carolina, Spartanburg, Rivian, Georgia . Albemarle, North Carolina

☆ Satellites are the new climate police for oil and gas polluters
▼ + stars: | 2023-12-02 | by ( Catherine Boudreau | Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

Fifty oil and gas companies pledged to zero out methane emissions by 2030 at the UN climate summit. Satellites are the next tool that will hold oil and gas companies accountable in their promise to cut methane emissions and slow global warming. Many state-owned oil companies signed on, including the UAE's Adnoc, as well as Saudi Arabia's Saudi Aramco. This, in turn, means oil and gas companies responsible for the plumes can be notified faster and potentially take action. The country's state-owned oil companies are also absent from the "decabonization charter" announced in Dubai.

Persons: Adnoc, Catherine Boudreau, Erin Snodgrass, Michael Bloomberg, Sultan Al Jaber, Peter Dejong, Fred Krupp, Bloomberg Philanthropies, Melanie Robinson, Robinson Organizations: ExxonMobil, Shell, Service, United, Saturday, Environmental Defense Fund, Bloomberg, UN, Summit, EDF, IEA, RMI, European Union, Environmental Protection Agency, EPA, EU, Russia —, World Resources Institute Locations: Saudi Aramco, Dubai, United Arab Emirates, Los Angeles, Saudi, Argentina, EU, Glasgow, Scotland, China, Russia

But the way the Minnesota Wild have been playing, the general manager felt he had no choice but to switch head coaches to try to get them back on track. The Wild went 5-10-4 under Evason this season. The Wild are 22nd in the league in goals per game (2.95) and second-to-last in goals allowed per game (3.95). Dwyer had been serving as an assistant this season for the Iowa Wild in the AHL. “We were pretty optimistic when the season started and, you know, it’s not like from Game 1 it was bad.

Persons: Bill Guerin didn't, Dean Evason, ” Guerin, “, ’, Evason, John Hynes, Bruce Boudreau, Guerin, Louis, Hynes, ” Hynes, Matt Boldy, Kirill Kaprizov, There’s, Patrick Dwyer, Bob Woods, Dwyer, we’ve, We’ve, it’s, Marcus Foligno, It’s, ” Organizations: Minnesota, Evason, Nashville, Iowa, AHL, “, Blues Locations: New Jersey

ST. PAUL, Minn. (AP) — The Minnesota Wild fired coach Dean Evason and assistant Bob Woods on Monday after losing seven games and 14 of their first 19 to start to the NHL season. Evason, 59, was nearly a quarter of the way through his fourth full season as Minnesota’s coach. “Dean did an excellent job during his tenure with the Minnesota Wild, especially as head coach of our team,” Guerin said. I would also like to thank Bob for his hard work during his time as an assistant coach with the Wild. I wish Dean, Bob and their families all the best in the future.”Evason is the second NHL coach fired this season after the Edmonton Oilers dismissed Jay Woodcroft and replaced him with Kris Knoblauch.

Persons: Dean Evason, Bob Woods, Bill Guerin, Bruce Boudreau, “ Dean, ” Guerin, “, Bob, Dean, ” Evason, Jay Woodcroft, Kris Knoblauch, Matt Boldy, Kirill Kaprizov —, Louis, ___ Organizations: PAUL, Minnesota Wild, NHL, Minnesota, Edmonton Oilers, Oilers, San Jose Sharks, Louis Blues Locations: Minnesota

☆ 5 Trends to Bet Your Career On
▼ + stars: | 2023-11-22 | by ( Business Insider | ) www.businessinsider.com time to read: +1 min

Innovation undoubtedly drives business growth — but it also powers new and exciting career opportunities. Artificial intelligence probably comes to mind as one example, especially in the wake of generative AI, but that's not the only story. AdvertisementIn this series, 5 Trends to Bet Your Career On, Business Insider is highlighting five fast-moving trends that are activating new professional opportunities for those just starting out, as well as those looking for something new. Each of the trends is explained in detail, with an accompanying essay from someone who has chosen that path. Credits:Series Editors: Madeline Berg, Lauryn Haas, Julia Hood, Manseen Logan, Nathan McAlone, Josée Rose, Bartie Scott, Debbie Strong.

Persons: that's, Madeline Berg, Lauryn Haas, Julia Hood, Manseen Logan, Nathan McAlone, Josée Rose, Bartie Scott, Debbie Strong, Marta Biino, Catherine Boudreau, Alyshia, Madison Hoff, Aaron Mok, Amanda Perelli, Noah Sheidlower, Aria Yang, Jinyoung Chang, Rodriguez, Bryan Erickson, Taylor Tyson, Rebecca Zisser Organizations: Business Locations: Alyshia Hull

☆ From black gold to green power: Texas, weirdly, is leading America's clean energy future
▼ + stars: | 2023-11-21 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +16 min

John DavisDeals like Davis' have made Texas — America's oil capital for more than a century — the top producer of renewable energy in the US. The state has long generated the most wind power and is second only to California as a solar-energy producer. The high-stakes battle for Texas' energy future is a microcosm of how tricky America's green transition is shaping up to be, especially when politics are involved. Slowing down renewable energy could cost Texas in the long term, both economically and socially. The coalition seems to be growing stronger, even as Texas politicians shift further to the right on issues beyond renewable energy.

Persons: John Davis, Davis, Greg Abbott, Critics aren't, there's, George W, Bush, Rick Perry, Abbott, Winter Storm Uri, hasn't, it's, It's, Judd Messer, Madeline Gould Laughlin, Michael Looney, San Angelo Chamber of Commerce Brent Bennett, Bennett, Messer, That's, Enel's Laughlin, Enel, Sandhya Ganapathy, Catherine Boudreau Organizations: Menard, RES, Texas, Republican, Texans, Power Alliance, John Davis Texans, University of Texas, Winter Storm, ERCOT, Bloomberg, Texas Public Policy Foundation, Texas Energy Fund, Advance Power Alliance, San, San Angelo Chamber of Commerce, Chamber of Commerce, ExxonMobil, Chevron, West Texas Chamber of Commerce, Lone Star, EV Locations: North Dakota, Texas, America, Nowhere, Menard , Texas, Concho County , Texas, California, Menard, Austin, San Angelo, Midland , Texas

☆ Millions of sustainability jobs are available to people with the right skills. The problem: Many don't have them, especially women.
▼ + stars: | 2023-11-21 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Only 1 in 8 workers globally have the green skills companies are looking for, according to LinkedIn. AdvertisementByzer said the fact that the current green talent pool is predominantly men — or 66% — is a big problem that highlights an emerging "green ceiling." Women have been joining the green talent pool, defined as having one green skill or one job experience, at a higher rate than men. Women working in the oil, gas, and mining sectors have more green skills than men. "I hear a lot more climate experts talking about jobs, and a lot more workforce experts talking about climate," Byzer said.

Persons: Bycer, there's, Byzer, who've Organizations: LinkedIn, Employers, Service

☆ Why I chose to skip the traditional college path and train to become an electrician instead
▼ + stars: | 2023-11-18 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

Grant Holderman is training to be an electrician instead of going to a four-year college. I'm 18 and live in New London, New Hampshire, and graduated from high school in June. The carpenter connected me to an electrician who was hiring, and he gave me the rundown of doing an apprenticeship. I feel like in just two months I've learned more than my entire time in high school. I would feel good going to work knowing I'm helping solve a problem the Earth is facing.

Persons: Grant Holderman, It's, I've, We're, I'm Organizations: Service, BT, Vermont Technical College, BT Morin Electric Locations: New Hampshire, New London , New Hampshire

☆ Consider getting trained to become an electrician — and fast
▼ + stars: | 2023-11-18 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. AdvertisementFederal data indicates electrician jobs are growing faster than the average of all occupations, with 73,500 openings expected each year over the next decade. "The education system is still built on getting every student to go to college," Shmelzer said. Over four years, students earn a wage and log the thousands of work hours required to become a licensed electrician. Shmelzer said there are many "career circuits" for electricians, including indoor construction and utility work as well as project management and design.

Persons: Grant Shmelzer, Tom Bowen, Bowen, they're, Gen Zers, Shmelzer Organizations: Service, Independent Electrical Contractors, Maryland -, Industry, Chesapeake, Labor, Brotherhood of Electrical Workers Locations: America, Chesapeake, Maryland, Maryland - Virginia, In California, Irvine, Canada, Virginia

☆ The EV industry is the only sector in the world on track to meet global climate goals
▼ + stars: | 2023-11-17 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Electric vehicles is the only industry on track to meet climate goals by 2030, a new report found. But a report published Tuesday found that the EV sector is on track to meet 2030 targets aimed at averting the worst impacts of the climate crisis. There's no indication that any other industry — including power, buildings, agriculture, and finance — will curb greenhouse-gas emissions enough to meet 2030 targets. People still need to drive less and take more buses and trains to reduce emissions, Hecke added. The report found that, collectively, countries would need to build the equivalent of three New York City transit systems a year until 2030 to meet climate goals.

Persons: we've, Kelley, Hecke, Biden Organizations: Service, General Motors, Ford, EV, NewClimate Institute, European Union, EU, New, UN, Climate Action Locations: China, Norway, Canada, Chile, New York City, Europe

☆ See what the future of zero-emissions transit looks like in suburban Maryland
▼ + stars: | 2023-11-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Montgomery County, Maryland aims to transition its electric bus fleet to zero-emissions by 2035. The microgrid is set to power a transit center for 200 zero-emissions vehicles and be the first on the East Coast to produce green hydrogen from renewables . Montgomery County opted to build a microgrid so it didn't have to rely on power from Pepco, the local utility. A rendering of another sustainable transit depot that Alphastruxure will build in Montgomery County, Maryland. "So we're going to have resilience, we're going to have green power 98% of the time, and we're getting our greenhouse-gas emissions down."

Persons: Catherine Boudreau, Michael Yambrach, Yambrach, Montgomery, AlphaStruxure, Carlyle, that's, Don Scheuerman, we're Organizations: Service, Montgomery, Schneider Electric, Montgomery County Department of General Services Locations: Montgomery County , Maryland, Silver, Montgomery, Montgomery County, Pepco

☆ What do homeowners in California and Florida have in common? A major insurance problem
▼ + stars: | 2023-10-19 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Homeowners in both California and Florida are facing a home insurance crisis due to natural disasters. AdvertisementAdvertisementFormer Florida residents Natalia and John told Insider's Jordan Pandy that they had to leave after their homeowners insurance skyrocketed to $12,000. The lifelong Florida residents said they moved to a town in Wisconsin where they could get a lot more bang for their buck. Across the country, another form of natural disaster is complicating homeowner's insurance in the West, including California. "Modernizing our insurance market is not going to be easy or happen overnight," California Insurance Commissioner Ricardo Lara, said, according to AP.

Persons: —, Natalia, John, Insider's Jordan Pandy, Insider's Catherine Boudreau, Dan Latu, Ricardo Lara Organizations: Service, Census, CBS News, Guardian, Allstate, AP Locations: California, Florida, Wisconsin

☆ Can hydrogen be green? The debate heats up as the White House pours $7 billion into hydrogen hubs
▼ + stars: | 2023-10-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

The White House is spending $7 billion to spur "clean" hydrogen. The goal is to spur the production of "clean" hydrogen, because the way it's currently produced is a dirty business. Anna Menke, the task force's senior hydrogen-hubs manager, said she wants the debate to move away from green versus blue hydrogen because each technology has its pros and cons. Korgel noted that the federal definition of "clean" hydrogen has been evolving, but should be more clear soon. The Internal Revenue Service has to decide what "clean" hydrogen is eligible for a tax credit worth up to an estimated $100 billion over its lifetime.

Persons: Joe Biden, it's, Robert Howarth, Howarth, Anna Menke, Menke, Brian Korgel, Biden, Korgel Organizations: Service, Cornell University, Air Task Force, US Department of Energy, Energy Institute, University of Texas, Chevron, ExxonMobil, Sempra Infrastructure, Internal Revenue Service Locations: Gulf Coast, Pacific Northwest, Appalachia, Austin, Gulf

☆ VIEW Canada's annual inflation cools in September
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +4 min

TORONTO, Oct 17 (Reuters) - Canada's annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Canada said on Tuesday. This beat analysts' expectations for annual inflation to remain at 4.0%. "It's pretty clear that (the central bank) won't be raising rates in my opinion in October. I think if we had gotten another inflation print like August in September - that was the big risk to have another hike. DEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK"I think on a trend basis, the Bank of Canada is behind the inflation wage cycles.

Persons: CLAIRE FAN, MICHAEL GREENBERG, FRANKLIN TEMPLETON, JULES BOUDREAU, MACKENZIE, There's, They'll, DEREK HOLT, Divya Rajagopal, Steve Scherer, Fergal Smith, Denny Thomas Organizations: TORONTO, Statistics, ROYAL BANK, CANADA, Bank of Canada, Business Outlook Survey, ECONOMICS, SCOTIABANK, Thomson Locations: Statistics Canada

REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting markets and analysts to trim bets for another interest rate hike next week. Analysts polled by Reuters had forecast inflation to hold steady at the 4.0% rate recorded in August. Two of the Bank of Canada's (BoC's) three core measures of underlying inflation also decelerated. Money markets trimmed bets for a rate hike next week after the data. "There's no need for further rate hikes in Canada," Reitzes said.

Persons: Carlos Osorio, Jules Boudreau, stoking, Benjamin Reitzes, Reitzes, Statscan, Derek Holt, Macklem, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajagopal, Jonathan Oatis, Nick Zieminski Organizations: REUTERS, Rights OTTAWA, Reuters, Statistics, Mackenzie Investments, Bank of Canada's, Bank of Canada, BoC, BMO Capital Markets, Scotiabank . Bank of Canada, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa, Toronto

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