Robert Bouchard at the Agriculture and Agri-Food Committee

On March 29th, 2007. See this statement in context.

March 29th, 2007 / 5:10 p.m.

Bloc

Robert Bouchard Bloc Chicoutimi—Le Fjord, QC

Thank you, Mr. Chairman.

I'd like to thank you all for your testimony.

My first question is for the representatives of the Canadian Banking Association. We met with representatives from the Union des producteurs agricoles before you, and they compared the indebtedness of U.S. farmers to that of Canadian farmers. Since 1997, the debt levels of farmers in Canada have grown significantly, whereas the situation has improved on the American side.

I would like to ask Mr. Little a question. Has the indebtedness of farmers in Canada reached a troubling level?

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