Tag: Jp Gervais

As expected by a majority of analysts, the Bank of Canada lowered the overnight rate by twenty-five basis points. It’s the first rate cut in four years. For farmers with floating or variable rate loans, this will be welcome news. “With further and more sustained evidence underlying inflation is easing, monetary policy no longer needs… Read More

Thanks for tuning into this Wednesday edition of RealAg Radio! On this episode, host Shaun Haney is joined by: Dennis Laycraft with Canadian Cattle Association on the USDA final rule for the “Product of USA label” Curt Blades with Association of Equipment Manufacturers, on the machinery market in 2024; JP Gervais with Farm Credit Canada… Read More

Canadian farmland values increased at a lower rate in 2023 compared to 2022, but still posted a double-digit average increase at 11.5 per cent. The national average was 12.8 per cent in 2022, according to the FCC Farmland Values Report. The highest average provincial increases in farmland values were observed in Saskatchewan, Quebec, Manitoba and… Read More

On this weekend’s show, host Shaun Haney is joined by: Andrew Pritchard with Nutrien with a fall weather forecast; Steve Pratte with the Canadian Canola Growers Association on a Transport Canada rail review; J.P. Gervais with Farm Credit Canada on FCC’s mid-year land value report; and, David Marit, Saskatchewan Minister of Agriculture on why the… Read More

Thanks for tuning in to this Wednesday edition of RealAg Radio. Host Shaun Haney is joined by: J.P. Gervais with Farm Credit Canada to discuss the mid-year land values report; Hear a spotlight interview with Paul Sinkevich for Vantage Ag on their new fertilizer product; Andrew Pritchard with Nutrien on the upcoming eastern forecast and… Read More

Even as inflation continues to grow and increasing borrowing costs have put pressure on farm incomes, farmland values across Canada rose 7.7 per cent in the first half of 2023, according to Farm Credit Canada’s Mid-Year Land Value report. Tight supply has continued to support land appreciation for now, says FCC chief economist J.P. Gervais…. Read More

If a farm has the capacity to buy land, it’s often stymied by the lack of land for purchase, not an unwillingness to take on the work or the debt. It’s still surprising to learn that about 40 per cent of land being farmed in Canada is being rented, according to Farm Credit Canada (FCC)…. Read More

Thanks for tuning in to this Tuesday edition of RealAg Radio! On today’s show, host Shaun Haney is joined by JP Gervais of Farm Credit Canada, to discuss land rental rates. Haney is then joined by Greg Northey of Pulse Canada, on the changes needed for inter-switching and improving railway productivity. Thoughts on something we… Read More

Ontario and PEI led farmland value growth for Canada in 2022, but each province showed a strong gain in value, according to the annual farmland report put out by Farm Credit Canada (FCC). As a whole, Canadian farmland value increased 12.8 per cent in 2022, an increase from 8.3 per cent growth in 2021, says… Read More

The expectation of Canada’s gross domestic product number (GDP) wasn’t great — analysts predicted 1.5% GDP growth in Q4; Farm Credit Canada was slightly more optimistic at 1.7%, but both expectations were off. The GDP growth for Q4 ended up being — wait for it — zero. J.P. Gervais, chief economist for Farm Credit Canada… Read More