Traditionally, the number of bankruptcies in agriculture is not high, but a lot of people just sell out. These days, the rate of change in farm ownership and the consolidation of property is increasing, especially for hog farms.
In western Canada, the hog industry works differently. Here, the growing phenomenon is the export of live piglets to the United States for feeding, slaughter and processing. We are not talking thousands, we are talking millions of piglets that are exported live to the United States to create added value, prosperity and economic activity on the other side of the border.
The same thing is happening with beef. Because of the impact caused by the value of the Canadian dollar, yes, but also because of regulations that are—and I hesitate to use the adjectives—abusive and nitpicking compared to American ones, we are losing our cattle and hog slaughtering industry in Canada.