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A Closer Look at Tariff Impact on Canadian Farm Equipment Purchases

In an April 30 article, “Relatively young fleet may allow farmers to delay equipment purchases amid tariffs,” Leigh Anderson, senior economist at Farm Credit Canada (FCC) offered perspective on the global trade scene and the uncertainty farmers are facing. 

Excerpts from Anderson’s observations on the economic impact of the tariff situation have been offered in the following 5 summaries. 

  1. Global trade disruptions have caused significant challenges for Canadian agriculture.

Anderson notes that as businesses prefer stability, the constant tariff changes create confusion, making it difficult to plan, causing widespread uncertainty about the full impact of tariffs. He says the agriculture industry is finding some relief in the CUSMA exemption from the 10% blanket tariffs, and the 90-day delay in U.S. reciprocal tariffs.

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When is Sustainable Packaging Coming in the Canadian Agri Food Industry? 3 Critical Perspectives

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Canada’s regulatory landscape on single-use plastics is complex but a recent ruling by the Federal Court of Appeal sided with the government’s intent to eliminate single-use plastics. What does this mean for the Canadian agri-food industry? How can companies find the right balance between regulatory compliance and implementing costly alternative solutions? What are retailers and consumers saying about sustainable packaging? This webinar features Joshua Goodman, Head of Corporate Sustainability, Sobeys; Marie-Anne Champoux-Guimond, Director of Sustainability, Keurig Dr Pepper Canada and Glenford Jameson, Canadian Food Lawyer, G.S. Jameson and Company

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