Liquidity, solvency and profitability in Canadian agriculture
Canadian agriculture remains in a good position to meet its financial obligations. FCC Chief Ag Economist J.P. Gervais explains why.
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- Liquidity high overall
- Financial risk low and solvency high
- Record net income resulted in stronger return on farm assets
- Return on assets remains below 15 year average
- Variables to monitor: income, asset values, debt