There are many who likely bristle at the thought of a foreign country investing in Canada, perhaps because most equate “investment” with “land buying.” But when we’re talking foreign direct investment, in this case, we’re talking about companies investing in Canadian businesses, and vice versa. And, as J.P. Gervais, chief agricultural economist with Farm Credit… Read more »
Tag: JP Gervais
Canadian farmland values rose by 8.4 percent in 2017: FCC report
Farmland values across Canada continued their climb in 2017, rising by a national average of 8.4 percent, according to Farm Credit Canada’s annual farmland values report. Saskatchewan saw the largest increase, at 10.2 per cent, followed by Nova Scotia at 9.5 per cent, Ontario at 9.4 per cent, Quebec at 8.2 per cent, and Alberta at… Read more »
Canadian GDP shows better growth; interest rates may edge higher
Wednesday was a big day for economic news in both Canada and also for our friends south of the border, in the United States. Here at home, the market is digesting the most recent GDP data for November, while the U.S. Federal Open Market Committee made the decision to hold interest rates in the country…. Read more »
Canada shows surprisingly strong job numbers, weaker GDP growth
On Friday, Statistics Canada released its third-quarter economic report, which included an update on gross domestic product and job growth. With the Canadian government boasting a strong economy and North American Free Trade Agreement (NAFTA) negotiations in an arguably precarious situation, many experts are watching the domestic economic climate very closely. Some of the highlights… Read more »
China’s economy still showing strong growth
Every week, there are mountains of global economic data to shuffle through. The past week’s info has Farm Credit Canada’s vice president and chief agricultural economist, JP Gervais, thinking about the direction of China’s economy. “If we just focus on China, economic growth of 6.7 percent — that’s actually pretty strong,” says Gervais, referring to… Read more »
TWORA — Land Values Continue Climb, Dr. Pol Shows Animal Care & a Canada-EU Trade Deal Timeline — April 14
Farmland values across Canada continue to climb. Some very early seeding is beginning in the West, although there are concerns about dryness. Canada and the EU continue to work on their trade deal, and a popular reality TV veterinarian is showing how farmers care for their animals. We hear from FCC economist JP Gervais, trade minister… Read more »
Farmland Prices Continue Climbing With Weaker Dollar
The average value of farmland in Canada continued to rise at a double-digit rate in 2015, according to Farm Credit Canada’s annual farmland values report published on Monday. FCC says “this year in particular, the differences between regions within each province varied a lot,” but the average value of farmland across the country rose by… Read more »
Poll: Where Are Farmland Prices Headed? Report Shows Values Still Rising, But At Slower Rate
As expected with lower crop prices, new data from Farm Credit Canada shows the red-hot market for farmland cooled off in 2014. According to FCC’s annual Farmland Values Report released April 13th, the average value of agricultural land in Canada rose by 14.3 percent in 2014 — down from an increase of 22.1 percent in 2013 and a… Read more »
Canadian Farm Values Continue to Rise in FCC Study – J.P. Gervais – FCC
We have all heard the saying, “what goes up must come down,” but does that maybe not apply to land values? This week FCC released its newest version of the Farm Credit Canada Farmland Values Report and the results continue to verify the upward trend of land values. It is becoming ever more difficult to… Read more »