The continuing saga of the financial crisis in Europe and in particular Greece is leaving a lot of analysts on the edge of their seats. The latest development being the 170 billion dollar Greek bailout deal presented Tuesday. The failure of that deal could have far-reaching implications. But just how much could Europe’s problems spill over into Canada? What impact would those problems have on Canadian agriculture?
At this years FarmTech Conference, Glen Hodgson, Senior Vice President and Chief Economist with the Conference Board of Canada spoke about the risks and the opportunities in the global economy and provided a Canadian economic outlook for 2012. I asked him about the effect of the European financial crisis on Canadian farmers and if agriculture would be insulated from the effects of European recession.
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