Agriculture one of Canada's top five industries: FCC Tuesday, August 23, 2011 by SUSAN MANNClose to eight per cent of all Canadian farms across all sectors are run by young farmers, Farm Credit Corporation president and CEO Greg Stewart told participants at the annual meeting last week in Victoria, B.C.And last year young farmers under 40 years old borrowed $1.6 billion from the corporation to finance their businesses. “Agriculture is a complex, dynamic and successful industry that needs our best and brightest to take over farms and other agribusinesses,” he said.During the fiscal year ending March 31, the corporation approved $62 billion in loans to farmers, processors and suppliers along the agriculture value chain. More than 42,000 loans were disbursed with an average size of $146,000. The corporation’s portfolio grew to $21.3 billion.The crown corporation’s net income was $459.2 million, which the company reinvested in agriculture ensuring it remains financially strong and stable in order to serve the industry through all cycles, Stewart said.During his speech, he also touched on the importance of the agricultural industry to the country. “Agriculture is the backbone of a strong and healthy Canada. It’s one of the country’s top five industries contributing $130 billion to our economy annually and provides one in eight jobs. The bottom line is that agriculture matters to Canada.” BF Hot, dry growing season takes its toll MicroFIT limbo
Potato industry on PEI to save up to $7 million because of cuts to bridge tolls Tuesday, July 29, 2025 Effective August 1, 2025, tolls on the Confederation Bridge will drop dramatically, with personal vehicle tolls falling from $50.25 to $20. Commercial vehicles will also benefit from these reductions. In addition, ferry tolls in Newfoundland and Labrador and other regions will see... Read this article online
Soil Compaction Challenges Tuesday, July 29, 2025 Ontario’s spring planting faced challenges from soil compaction, impacting crops like corn, soybeans, and wheat. Despite some areas experiencing rapid planting under ideal conditions, other regions, even those with lighter soils, struggled due to excessive rainfall. The team at OMAFA –on... Read this article online
2026 Grains Innovation Fund is now open Tuesday, July 29, 2025 Grain Farmers of Ontario (GFO), the province’s largest commodity organization representing Ontario’s 28,000 barley, corn, oat, soybean, and wheat farmers, is now accepting applications for its . “This year marks another exciting chapter for the Grains Innovation Fund,” stated Paul... Read this article online
Applications Open for Grains Innovation Fund 2026 Monday, July 28, 2025 Grain Farmers of Ontario (GFO), the province’s largest commodity organization representing 28,000 farmers, is now accepting applications for the 2026 Grains Innovation Fund. The fund offers grants up to $75,000 to support innovative projects that promote the use of Ontario’s grains such as... Read this article online
Sowing the Seeds of the Future -- A Fresh Look at Farm Succession in Canada Monday, July 28, 2025 “You’ve worked the land for decades—through changing seasons, shifting markets, and long days that begin before sunrise," says Jason Castellan, Co-Founder & Chief Executive Officer, Skyline when he spoke with Farms.com. “You know every acre, every decision, every responsibility that... Read this article online