I don't have the exact numbers, Mr. Perron, but on-farm debt is at an all-time high. Farmers are over-leveraged, certainly, and I think farmers' liquidity is also a big concern. Farmers tend to be cash-poor. They have a lot of money tied up in acres and equipment, but when it comes to liquidity, on-farm debt is at an all-time high. Anything that would increase that would not be a good food policy.
On November 16th, 2022. See this statement in context.