According to the latest trade report from Farm Credit Canada (FCC), one of Canada’s greatest opportunities for growth in global trade is in the food and beverage processing industry. “World population growth, higher purchasing power in emerging markets and new trade agreements are key factors in potentially creating more opportunities for Canada to increase exports,”… Read More

Average farmland values in Canada crept up an average of 3.7 per cent in the term ending June, 2020, led by growth in Alberta, B.C. and New Brunswick, according to the most recent Farm Credit Canada (FCC) farmland values report. This increase is in line with mid-year results over the past five years, which showed… Read More

Today’s LIVE! segment features J.P. Gervais, chief economist with Farm Credit Canada, and our illustrious host Shaun Haney to talk all about farm economics, Canada jobs numbers, and the latest analysis on global trends and interest rates. Tune in every Tuesday, Wednesday, and Thursday at 3 pm Eastern on Facebook, Twitter, YouTube or Twitch, for… Read More

The federal government is providing $100 million to Farm Credit Canada (FCC) to administer an Agriculture and Food Business Solutions Fund. The fund is targeted at “proven, viable companies through unexpected business disruptions, such as the COVID-19 pandemic,” and will support enterprises in the agribusiness and agri-food sector, including companies involved in primary production, agri-tech,… Read More

On Friday (March 27), the Bank of Canada initiated an emergency key rate cut of 50 bps to 0.25% in an attempt to defend the economy against the impacts of COVID-19. Additionally, the Bank of Canada will expand its balance sheet through purchases of Government of Canada securities to the tune of $5 billion per… Read More

Prime Minister Justin Trudeau has announced additional support for farmers and farm businesses, following last week’s announcement of $82 billion in various spending measures in response to the COVID-19 outbreak. Parliament will reconvene March 24, 2020, to pass emergency legislation for these previously announced measures, and to release $5 billion in additional lending capacity through Farm… Read More

After a year of incredible adversity in Canadian agriculture, lenders such as Farm Credit Canada are especially alert to the needs of their clients. “We’re monitoring the financial situation,” says Michael Hoffort, president and CEO of FCC. In an interview with RealAg Radio host Shaun Haney, Hoffort says that where it’s challenging, FCC and other… Read More

 

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