GFM Network News


Total farm assets in Alberta rose by just over $8 billion and nearly all of it was due to a jump in the value of land.

The value of Alberta farms rises again

Rising land prices – fuelled by higher crop prices – up by $8 billion but debt also rose in 2020

Reading Time: 3 minutes Glacier FarmMedia – You’re richer than you think — and you owe more, too. That could be the theme of StatsCan’s latest snapshot of farm equity, the number you get when subtracting farm debts from the value of assets. If you had put all of the assets of every farm in Canada on the auction […] Read more

If inflation returns in earnest, so could higher interest rates that could impact your farm's financial health.

Interest rates biggest farm finance risk

Farm Credit Canada says the pace of debt growth has slowed but farmers need to have an interest rate risk management plan

Reading Time: 2 minutes Glacier FarmMedia – The expansion of Canada’s farm debt continued, but at its lowest pace in six years. Meanwhile Farm Credit Canada’s chief economist says that the potential for higher interest rates is the “darkest cloud” in that otherwise optimistic picture. Statistics Canada data showed outstanding Canadian farm debt increased by 5.9 per cent to […] Read more


“Setting the next generation up so they have a financial stake in the farm helps feed the mentorship process. It’s so they understand the risks and the rewards of farming,” says Lance Stockbrugger.

Serious about mentoring

The idea of mentorship is catching fire in agriculture, with new programs popping up all the time. Should you sign on?

Reading Time: 8 minutes Lance Stockbrugger always knew he wanted to farm. “It was going to be my career,” he says. “It was just a matter of how I was going to get there.” When he was 11, Lance’s father was killed in a motor vehicle accident. The family — Lance, his mother and his three siblings — were […] Read more

“It was so simple,” Bob McCoubrey says. Instead of putting funds in investments, he’d set up a mortgage to help the Thurstons buy the farm. But it didn’t stay simple for long.

Getting to the dream

A real-life story of making a non-family farm transition work, including all the time, the effort, the talking and the satisfaction

Reading Time: 9 minutes About 15 years ago, Bob and Sharon McCoubrey were facing a dilemma. Bob’s body was telling him it was time to give up his orchard and vegetable farm in British Columbia’s Okanagan. It was time for the next phase of their lives, but past experience had left a bitter taste in their mouths. “We were […] Read more


Acquiring more land has the potential to boost your farm business, but like anything in life, there are no guarantees.

Making a smarter deal for farmland

If farmers are so sharp at land buying, who do so many pay too much?

Reading Time: 9 minutes On most farms, it’s among the big decisions of an entire lifetime. Do you buy that farm down the road and take on all that risk? Or do you watch someone else farm it and mutter, every time you drive, “That could have been mine”? Either way, it’s harder than anyone outside of agriculture might […] Read more

(Dave Bedard photo)

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

Reading Time: 3 minutes Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more


Most rental transactions still evolve into long-term relationships lasting a decade or more.

Farmland rentals in Western Canada continue to rise

More and more acres are on the rental market, with land increasingly held by families exiting active farming

Reading Time: 8 minutes The number of acres of rented and leased farmland in Canada is going nowhere but up, and will keep being led by Western Canada, especially Saskatchewan and Alberta. “I would expect that we’ll continue to see more people renting land for a number of reasons,” says Farm Credit Canada’s principal agricultural economist Craig Klemmer. That’s […] Read more

(Dave Bedard photo)

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

Reading Time: 4 minutes Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more


Real estate apps are already big business in residential markets. If they cut transaction costs, why not in agriculture too?

Selling land by app

When you think of it, do we really need real estate agents in an era with so much technology?

Reading Time: 4 minutes “Find me an app. I’m going to sell the back 40.” Talk is starting to make the circuit that it’s time for automation to take over farmland wheeling and dealing, and it might not be that much of a stretch. As long ago as 2013, which is ancient history for electronic technology, a University of […] Read more

Investment in a broad range of agriculture and food sectors, including the agri-environmental field, are planned.

Funds for agricultural innovation

Partnership aims to send the message that agtech is a great place to invest

Reading Time: 4 minutes Developing an “innovation ecosystem” across Canada and increasing the nation’s competitiveness in the global agriculture and agri-food industry are the goals of a new partnership between Bioenterprise Corporation and Farm Credit Canada (FCC). “FCC is the Canadian standard for financial support and banking in agriculture and agri-food in the country,” says Dave Smardon, president and […] Read more