Canadian farm family incomes have pulled ahead of other Canadian households by a large margin, but it may have more to do with off-farm revenue sources than it does higher […] Read more
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Tag Archives farm income
Farm households earning more – but is it coming from the farm?
Changes in farm structure and rural opportunities have boosted the income of Canadians who live on farms
Trump’s tariff war threatens to erode support of farmers
Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers […] Read more
Farm sales to co-ops to count for small business deduction
Changes to federal tax law that were meant to block “multiplication” of the small business deduction for corporations won’t apply to farmers’ sales to co-operatives. The federal government on Friday […] Read more
Farmers’ debt seen hitting fresh record high
Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the […] Read more
Input costs to chip away at farmers’ shrinking income
CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National […] Read more
Farm incomes set to fall from record high
Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal […] Read more
Farm kids: Don’t worry about wages
A new study by Cornell University agricultural economists says family members who work on the family dairy farm make $22,000 less annually than comparable hired managers, but are handsomely compensated […] Read more