Higher public debt helping slow household debt momentum: Bank of Canada (BNN)

Melanie ConsMortgage Talk Canada

OTTAWA — The federal government’s steps to amass more public debt have helped Canadians avoid an even faster build-up of their personal debt loads, even though such household burdens have still managed to hit historic highs, the Bank of Canada governor said Tuesday. Stephen Poloz said Ottawa’s spending in the last couple of years on programs such as enhanced child … Read More

Forage on: Less cost for higher yields for dairy and beef production

Melanie ConsAgricultural Mortgages, Mortgage Talk Canada

Farmers are always operating on thin margins, looking for the best and most effective way to cut costs. According to a study from Michigan State University Extension, one of the best ways to do this is through foraging. Foraging is a good way to increase a farms profitability, whether it’s through higher production of beef and dairy or through cash … Read More

King Corn is dead! Long Live the Bean!

Melanie ConsAgricultural Mortgages, Mortgage Talk Canada

Soybeans are on the brink of becoming the number one cash crop for the first time in 35 years! King corn sowings are forecasted to drop 90.12 million acres according a Bloomberg survey and, in its place, soy plantings are set to increase by 90.69 million. If you’re thinking you’ve heard this tale before, this same result was expected during … Read More