Historical painting speaks to financial stresses facing farmers

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Published: July 2, 2025

A small oil on canvas painting called "Mortgaging the Homestead" by artist George Agnew Reid shows a mother holding an infant while seated at a wooden table, another older child sits on the floor at her feet, while three older men sit at the table behind her and an older couple sit on chairs nearby.

Glacier FarmMedia – On a recent trip to Ontario’s legislative assembly, I noticed a small, unassuming painting by renowned Canadian artist George Agnew Reid, simply titled, Mortgaging the Homestead.

The oil on canvas was a preliminary sketch for a large-scale narrative painting of the same title, which is currently in the collection of the National Gallery of Canada.

Reid was born on a farm near Wingham, Ont., and used his formative years as inspiration for many of his paintings. His own family was forced to mortgage their farm, an event in the late 1800s that brought with it a sense of failure and shame.

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In a time when many farmers are facing financial hardship with limited resources from the federal and provincial governments, I thought about how this painting stands as a testament to the resilience of farmers.

Canadian farm debt has been on a notable increase, reaching $146 billion by the end of 2023, a 4.1 per cent increase from the previous year and a 103 per cent increase since 2012, according to Syngenta Canada.

Like many other Canadians, farmers are also heavily at risk of financial loss due to injury or unplanned income interruption, notably captured in Reid’s sequel painting, Foreclosure of the Mortgage, which shows a family gathered around a bedridden father as they listen to a bailiff read a notice of repossession.

So, what are the federal and provincial governments doing to help lessen this burden?

With the cost of farming skyrocketing, tariffs driving up the price of goods and equipment and land prices at all-time highs, the limited programs available are doing little to turn the tide in what could be a wave of farmers choosing to or being forced to leave agriculture.

The same halls that keep this painting should also be where conversations are happening to ensure that the sustainability of farming continues to grow across the country.

As these “conversations” occur, it is important that farmers use their own advocacy powers to let their voices be heard.

Additionally, a new path must be charted for young farmers, with greater access to funds and improved programs designed to make it easier to build the homesteads of the future.

Divisive politics aside, farmers must speak to what is in the best interest of their survival and challenge party leaders of all stripes to vote based on the survival of farming in Canada and paint a new picture of the agricultural landscape.

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