Canada’s farmers feeling the hurt from China market snub, drought and growing debt

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Trade problems, weather losses, and rising costs add up to a dark harvest for farmers

For years, the financial stability of Canadian farmers was the envy of their American counterparts, but rising costs, drought, and a dispute with China have weakened their bottom lines.

“Things were running along pretty good and now we’ve had to make some changes just to make ends meet and make the numbers continue to work,” he said. Canadian farmers’ net income plummeted 21 per cent last year to $11.6-billion due to soaring debt and labor costs, marking the lowest income level in seven years. Farmers owed a record-high $106-billion.Payments from AgriStability have jumped 37 per cent year over year, a spokesman for the federal agriculture department said.

 

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Aren't these the same farmers that vote conservative? So they don't believe in climate change, nor welfare of any sort, but YOU can guarantee one thing for sure, they will all ask taxpayers to bail them out! Real Conservatives! cdnpoli

WELL MAYBE ITS TIME TO SNUB 'HUMAN RIGHTS ABUSING!!''WORLD+MILITARY DOMINATION=WORLD AS SLAVES -CHINA NEW WORLD ORDER(RUSSIA APPROVED-KOWTOWS TO CHINA!)' COMMUNIST CHINA AND JUST DEAL WITH ALL THE FREE TRADE DEALS CANADA HAS MADE WHAT ABOUT TAIWAN LOOKING FOR WESTERN BUSINESS

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 /  🏆 5. in JP

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