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.
Source: News Formal (newsformal.com)
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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil prices slip for second day on global growth fearsU.S.-China trade dispute stokes economic worries; oil markets have lost about 20 per cent since 2019 highs
Source: globeandmail - 🏆 5. / 92 Read more »
Trump says U.S., Chinese teams to restart trade talks ahead of G20The United States and China are in the middle of a costly trade war that has pressured financial markets and damaged the world economy
Source: globeandmail - 🏆 5. / 92 Read more »
Rescue efforts underway after earthquake kills at least 12 people in southwestern ChinaA 6.0 magnitude earthquake and a 5.1 magnitude aftershock struck an area in Sichuan province late Monday night
Source: globeandmail - 🏆 5. / 92 Read more »
China to suspend pork imports from Canada’s Frigo RoyalChina will also strengthen inspections for ractopamine residue in all pork imports from Canada, a notice on Wechat from the General Administration of Customs said globebusiness But Skippy ignores the huge costs to Canada’s pork beef canola producers and wildly spends taxpayer dollars flying all over everywhere and anywhere- until Quebec is affected he will just ignore China globebusiness China is starting to hit JustinTrudeau where he will feel it.....Quebec. They are being very strategic now.....and will keep heat turned up until he is turfed out of office. globebusiness
Source: globeandmail - 🏆 5. / 92 Read more »
Spain and China advance at Women’s World Cup with scoreless drawYour daughter is likely resisting what you’re asking her to do because she doesn’t want to be bossed
Source: globeandmail - 🏆 5. / 92 Read more »
Analysis: China blinks on Hong Kong, but divide remainsBEIJING — The leader of China, it turns out, may not be all-powerful.Faced with huge and disruptive protests in Hong Kong, China blinked. The decision to shelve the legislation that sparked t…
Source: VancouverSun - 🏆 49. / 61 Read more »