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Farm equity, asset values up in 2023: StatCan

Farms' ability to pay debts declined but balance sheet remains strong

The total equity of the Canadian farm sector rose nearly eight per cent in 2023 while farm assets rose more than seven per cent according to Statistics Canada’s 2023 balance sheet.





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New farm income record set in 2023, estimates suggest

Despite challenges like drought and war, Canadian farms proved resilient

Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024 estimates released February 16 by Agriculture and Agri-Food Canada.