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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.



barns and grain bins on prairie farm land

Buying your first farm

Buying your first farm is a big deal, in more ways than one. Here are key factors to consider before signing on the dotted line

Reading Time: 3 minutes Many young farmers dream of buying a farm. The question is: How can you turn that dream into reality? The answer to that question raises more questions. Because there are several important considerations to think through very carefully before making that leap. To start your farm-buying path off on the right foot, let’s look at […] Read more