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
You know you want it… Friday, April 4, 2025 On April 28, 2025, Aumann Auctions, Inc. is set to auction what is being called the GOAT (greatest of all time) John Deere sign of all time. This recently discovered will be one of the featured highlights of the . See... Read this article online
Ontario Basketball and Dairy Farmers of Ontario expand partnership into 2025 Thursday, April 3, 2025 Dairy Farmers of Ontario (DFO) and the Ontario Basketball Association (OBA) have extended their partnership into 2025. With this agreement, DFO will be the presenting partner of the and support Team Ontario. “Dairy Farmers of Ontario is delighted to continue its partnership... Read this article online
Agritourism operators meet with Ontario’s Tourism Minister Thursday, April 3, 2025 On April 2, 2025, members of Ontario’s agritourism sector met with the province’s Minister of Tourism, Culture and Gaming, the Hon. Stan Cho to discuss what is one of the fastest growing and popular sectors in tourism. Niagara West MPP Sam Oosterhoff, Associate Minister of Energy-Intensive... Read this article online
U of G Students win Branded Farms.com Chairs Thursday, April 3, 2025 Farms.com was pleased to support the University of Guelph’s annual College Royal which was held March 15th & 16th, 2025 – it was the 101st edition. Every March, the University of Guelph hosts College Royal, the largest university open house event in North America. This annual... Read this article online
Lynmark Farms named Master Breeder for 2025 Wednesday, April 2, 2025 The Canadian Milking Shorthorn Society has announced that Lynmark Farms has been named as a herd for 2025. Lynmark Farms is owned and operated by Tim Shearer and Irene Vietinghoff of Norwood, Ontario. They are the third Milking Shorthorn herd to be recognized as a since this... Read this article online