Uncollectible loans and unsustainable agriculture Sunday, April 3, 2011 The Nova Scotia government wrote off $16.2 million in bad loans from 2008. The loans included more than $1 million in uncollectible student loans, and smaller amounts for pharmacare premiums and unpaid fees. But by far the majority of the uncollectible loans had been made by the Nova Scotia agriculture department. "This unusually high amount is due to defaulted hog loan accounts under the Farm Loan Board," said a ministry of finance press release."For many years, hog farming in Nova Scotia was heavily subsidized by government," the release went on. "When government support was discontinued in 2007-08, many hog farmers were unable to sustain their business due to low pork prices and rising production costs."The Canadian Pork Council's public relations manager, Gary Stordy, says the Nova Scotia industry has collapsed. There are six pig farms left, compared to more than 80 four years ago.Many provinces offer loans to producers of various commodities, Stordy says. Another pork example is Big Sky Farms Inc. in Saskatchewan. The province now has a stake in the embattled company. BP Inconsistent reports on red meat The 'bacon bubble' that didn't burst
CFIA Reports Show Strong Canadian Food Safety Compliance Across National Testing Programs Friday, June 5, 2026 Newly released data from the Canadian Food Inspection Agency (CFIA) confirms high compliance rates across commodities, as well as domestic and imported food products. The results, drawn from multiple national monitoring programs, highlight the effectiveness of Canada’s science-based... Read this article online
: Ontario Crops Show Strong Start Despite Weather Challenges Friday, June 5, 2026 Acorrding to the OMAFA fieldcropnews.com, crop conditions across Ontario indicate a generally positive start to the growing season, although dry weather and cool soil temperatures have created uneven growth and management challenges. Corn planting is nearly complete across most... Read this article online
FCC says with Productivity Gains, Canada’s Food Manufacturing Sector Could Add $40 Billion Friday, June 5, 2026 Canada’s food and beverage manufacturing sector could deliver a major economic boost over the next decade, but only if productivity growth accelerates, according to a new report from Farm Credit Canada (FCC). The report, , outlines how achieving three per cent annual GDP growth could add... Read this article online
North American Farm Groups Unite to Strengthen USMCA/CUSMA Ahead of 2026 Review Friday, June 5, 2026 Agricultural organizations from across the United States, Canada, and Mexico are presenting a unified message to governments: protect and strengthen the North American trade framework that underpins the continent’s food system. The letter, addressed to senior trade officials in all... Read this article online
FCC Investment Boosts Farm Lending Canada Growth Thursday, June 4, 2026 Farm Lending Canada (FLC) has received a strategic investment from Farm Credit Canada (FCC) to improve access to financing for farmers across Canada. This investment forms part of FCC’s broader plan to invest$2 billionin the agriculture and food sector by the year 2030. The funding aims... Read this article online