Photo: Getty Images

Canadian farm liabilities outpaced equity growth in 2024

Farmers see declining ability to service debt for second consecutive year

Reading Time: 2 minutes Canadian farmers' total equity growth slowed for the first time in five years in 2024 as liabilities grew faster than assets, Statistics Canada reported. Farmland prices led to most of the growth, while declining farm income led to less ability to service debts.








U.S. President Donald Trump meets with Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Photo: Reuters/Kevin Lamarque

G7 farm groups on governments to support rules-based trade, innovation

Increasingly volatile geopolitical, economic, environmental landscape pressuring farmers say groups

Reading Time: 2 minutes Farm organizations from the G7 countries called for governments to support stable rules-based trade, modernized regulations and other measures to help farmers weather “unprecedented pressures,” the Canadian Federation of Agriculture said in a joint news release, Monday.