Ag Outlook 2016: Expert economic advice for your year ahead

FCC Chief Agricultural Economist, J.P. Gervais, explains the predicted ups and downs of the 2016 Canadian economy and their effect on the agriculture industry.

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Video Highlights

  • Canadian interest rates are predicted to remain low in 2016 due to moderate gross domestic product (GDP) growth and low oil prices
  • The Canadian dollar is also expected to remain low compared to the U.S. dollar throughout 2016
  • While some emerging markets are slowing down (China), others (India) are growing stronger
  • Regardless of lower commodity prices, the 2016 outlook remains positive because of expected growth in food demand