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Agriculture committee  Mr. Chair, this is my first opportunity to testify before this committee since joining the department. I'm very pleased to be here. I'm very pleased to be accompanied by Kara Beckles, the acting director general of our research and analysis directorate, which serves as the econom

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  No, I'm afraid I don't have the number off the top of my head, but I would be happy to get you some information on the utilization of that program. We can certainly get that information for you, unless Kara knows—

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  Mr. Chair, absolutely we can get back to the committee on that, in short order.

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  The only thing I was going to add is that we have done a bit of analysis on farm debt levels by farm size and by income level. What that showed, in general, was that debt levels tended to be higher with larger, higher-revenue operations, and that a significant portion—30%, if mem

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  As we said in our testimony, programs and services are in place, particularly at FCC, to help young farmers. The federal government is also administering programs to facilitate the intergenerational transfer of farms. That said, we are open to suggestions for improving programs

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  Certainly we are in the midst of asking ourselves how all our policies and programs enable the attainment of the target for 2025. The attainment of the target, the growth in the value of our exports, will require significant amounts of capital, both in the primary agriculture ind

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  Certainly when we look at the data, it's true. I think somewhere in the order of 60% or 70% of farm assets, if memory serves, are in land and buildings, but in recent years we have seen significant capital investments in machinery and equipment. Part of the debt that we have se

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  The only thing I would add very rapidly, Mr. Chair, is that, obviously, as the industry becomes more sophisticated, education levels and educational requirements are increasing. There are a number of different organizations that offer seminars and the like. I understand that th

April 11th, 2017Committee meeting

Tom Rosser

Agriculture committee  I guess it's both, and it's hard to say precisely. Certainly, on an ongoing basis, we regularly monitor developments in markets, looking for signs of changes in trends. As I think I noted in my opening remarks, we do produce forecasts and the outlook for income in the agricultur

April 11th, 2017Committee meeting

Tom Rosser