Borrowing billions: getting bigger or getting better?

Thanks to the adoption of new technology, Canada’s 262,000 farmers are producing more than ever before. The Bank of Montreal (BMO) reports that since the late 1990s, total labour productivity in Canada has increased by 31 per cent, while agriculture has surged 190 per cent over the same period. Aaron Goertzen, senior economist for BMO writes: “Few sectors of the economy can hold a candle to that performance.”