Thanks for tuning in to RealAg on the Weekend! On this show, host Shaun Haney discusses the mayhem in Ottawa this past week. Haney is then joined by: Aaron Goertzen with BMO on some of the key trends impacting agriculture in 2025; Hear a clip from the latest Mind Your Farm Business with Eugene Ng… Read More
Tag: BMO Bank of Montreal
Lagging productivity, the diving Canadian dollar, precarious U.S. trade, and volatile global news all make the list of the top nine trends impacting agriculture in 2025. Also on the list, says Aaron Goertzen, senior economist with BMO, are increased input costs, high crop carryover, lower interest rates, and a more loose labour market. Each of these… Read More
BMO has committed $1 million to the Simpson Centre for Food and Agricultural Policy at the University of Calgary’s School of Public Policy to lead a new program to change how society perceives and interacts with the food system. The Simpson Centre says the program, Ag Literacy for Healthier People and Planet, will help build… Read More
One year in to navigating a global pandemic, it’s clear that the economic health of consumers is ailing, but it’s difficult to measure by how much; and until COVID-19 passes, any economic recovery in Canada is strained. “It’s interesting, when we think back to a year ago, just before the pandemic really began to bear… Read More
Kainai Forage — the forage export business owned by the Blood Tribe in Alberta and Indigena Capital — has announced it has secured a $15 million long-term finance facility with Farm Credit Canada, and an operating line of credit with Bank of Montreal. The company says proceeds from the credit facilities will expand Kainai Forage’s… Read More
Citing a strong industry, but a shrinking demographic, BMO Bank of Montreal has introduced its new loan program for Canadian farmers 35 years or younger. The BMO Young Farmer program offers is aimed at helping both the person who’s already in the industry and for those who are choosing to get into agriculture, with loans of up… Read More
The Canadian economy has been healthy as of late, which has many farmers with higher debt levels somewhat concerned about interest rate increases in the near future. Farmers have enjoyed a low interest rate environment for quite some time, but the reality is – the Bank of Canada has some some decisions to make. Additionally… Read More
Anti-trade messages from both U.S. presidential candidates are undoubtedly troubling for the future of the Canadian economy, especially in export-oriented sectors like agriculture. “That to me would be the number one concern when we look over the next six months — what happens in the U.S. election and what happens afterwards,” said Douglas Porter, chief economist… Read More