FCC believes economy will stay strong but warns about interest rates and dollar. | Getty image

Don’t fret, but watch your debt

The top economist at Farm Credit Canada painted a positive picture of Canadian agricultural prospects for 2018, pointing to strong global demand for food, rising Canadian productivity and positive gross domestic product projections in key markets. But he also said Canadian producers should keep a close eye on interest rates, the value of the Canadian […] Read more

A new report by Farm Credit Canada suggests producers are doing well despite a softening of all the key financial ratios in 2015.
 | WP graphic

FCC confident amid rising farm debt

The picture of farm debt on the ground matches the bigger industry picture and it says Canadian farmers are generally in good financial shape. A new report by Farm Credit Canada suggests producers are doing well despite a softening of all the key financial ratios in 2015. Record farm income and solid asset appreciation have […] Read more

The debt-to-asset ratio of Canadian farms increased for the first time in six years. The ratio measures the solvency of farms. It indicates that for every dollar of assets there is an average of 15.5 cents of debt. Since 2010 the value of assets has risen 56 percent compared to a 43 percent increase in liabilities. | Michael Raine photo

Canadian farm debt grows

Canadian agriculture remains in good financial shape despite a softening of all the key financial ratios in 2015, says Farm Credit Canada. Record farm income and solid asset appreciation have bolstered farm finances but 2015 was the first year in a long time that some of the key financial ratios weakened slightly. “Canadian agriculture continues […] Read more


Record debt threatens farming in West

Record debt threatens farming in West

For the 23rd consecutive year, Canadian farm debt has hit a new record. In the West, the debt load is particularly severe, raising questions about the future of this vital industry. Farmers in British Columbia are faring best, with $6 billion in debt. Manitoba and Saskatchewan are middle of the road, with more than $8 […] Read more

Staying afloat

Staying afloat

Canadian farmers are accumulating more debt, but their assets are growing at a faster pace, according to Statistics Canada. The value of total farm liabilities was up $5 billion on Dec. 31, 2014, compared to a year earlier. Assets were up $43 billion over the same period. Total assets were $525 billion compared to $78 […] Read more