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Canadian Farmers are Bracing for Tough Times Ahead- w/ guest Shaun Haney

The Loonie Hour

CHAPTER

Navigating Challenges in the Canadian Agricultural Sector

The chapter explores the current hardships faced by Canadian farmers due to declining commodity prices and unchanging costs, leading to financial uncertainty. It discusses the significant debt burden on farmers, the impact of leverage and interest rates, and the reliance on increasing land values for borrowing. Additionally, it delves into the increasing adoption of technology in the farming industry, emphasizing the shift towards efficiency and productivity gains through advancements like AI and robotics.

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