Ontario farmland value growth lower than national average

Ontario farmland value growth lower than national average

Some areas of the province, especially around cities, saw higher farmland value increase

Reading Time: 3 minutes A tight market for farmland in Canada and good crop prices continue to drive increasing land value, although the increase in Ontario in 2020 was lower than in 2019. Farm Credit Canada (FCC) recently released its 2020 farmland value report, which showed a 4.7 per cent increase in Ontario values, compared to a 6.7 per […] Read more

Farm Credit Canada Agency has decided to play the role of a catalyst to encourage more investment in technology.

How Farm Credit Canada became a major player in venture capital

The farm lender’s mandate now includes funding agri-food innovation

Reading Time: 3 minutes Glacier FarmMedia – In 2017 the Barton report said Canada has a massive opportunity to boost exports of agricultural commodities, agri-food and seafood. The most memorable part of the report, from the Minister of Finance’s Advisory Council on Economic Growth, set a target of adding $30 billion to Canada’s agriculture and agri-food exports by 2027. […] 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

FCC to provide $100,000 to 4-H clubs in 2021

Reading Time: < 1 minute Farm Credit Canada (FCC) 4-H Club Fund will provide $100,000 to 203 4-H clubs, districts, and regions across Canada in 2021, to support local activities. FCC supports 4-H club initiatives each year by awarding up to $500 per club toward developing existing programs, covering costs associated with local events and exchanges, supporting volunteers, or purchasing […] Read more

The Pixaberry unit holds a strawberry. It is being developed in British Columbia.

Startups compete for Canadian Thrive challenge

Seafood traceability software takes top spot

Reading Time: 2 minutes A seafood traceability company took top spot in a recent challenge organized by Thrive, a Silicon Valley agricultural technology investor. Nine Canadian agriculture and food startups competed as finalists, with British Columbia seafood traceability company ThisFish taking the top spot. Why it matters: As the agriculture and food sectors shift towards digitization and precision tools, […] 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

There have been 1,391 loans approved for the FCC Women Entrepreneur Program, requiring $994.5 million.

FCC loan program for women proves popular

Investment in the program will now be twice what was originally planned

Reading Time: 2 minutes Glacier FarmMedia – A federal loan program for women offered through Farm Credit Canada is so popular that it will spend double the amount originally budgeted. Why it matters: Diversity in agriculture helps bring more qualified workers into the sector. The FCC Women Entrepreneur Program was originally a $500 million investment over three years, but […] Read more

Dairy farmers have had to make quick changes in milk production during 2020.

Dairy weathers unexpected price drop, trade deal implications

There are signs that the dairy market is recovering and butter stocks are low which could support prices

Reading Time: 4 minutes Dairy farms in Canada are likely to return to profitability in 2021, after absorbing a hit to profits from the impact of COVID-19. Sebastien Pouliot, principal agricultural economist at Farm Credit Canada (FCC), says that COVID-19 hit what could have been a decent year for dairy farmers. Why it matters: Dairy farms are a large […] Read more

AgriSpirit fund helps 92 community projects

Reading Time: < 1 minute Farm Credit Canada (FCC) is giving $1.5 million through its FCC AgriSpirit Fund to 92 community groups across Canada to support rural capital projects. “The FCC AgriSpirit Fund supports rural communities at the heart of Canadian agriculture,” said Sophie Perreault, FCC executive vice-president and chief operating officer. “We are honoured to support the projects that […] Read more

There was a $1.7 billion increase in licensed cannabis producer receipts during the first full year of legalized recreational marijuana use.

Cannabis carries farm growth in otherwise average year

Crop receipts declined 1.1 per cent without cannabis numbers included

Reading Time: 3 minutes Glacier FarmMedia – New data from Statistics Canada shows farm cash receipts continue to trend upward, increasing in 2019 by 5.7 per cent or $66.1 billion to mark the ninth consecutive year of increase and the largest single-year uptick since 2012. But that number is less impressive when cannabis is removed from the equation, which […] Read more