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Interest Rates

Listen: Farmers concerned about interest rate increases

Sep 9, 2022 | 11:53 AM

MELFORT, Sask. – The Bank of Canada hiked its benchmark interest rate by 75 basis points to 3.25 per cent.

Farm Credit Canada Chief Economist J.P. Gervais says there will be impacts on the agriculture sector.

Alice McFarlane is the Agriculture Information Director for Pattison Media in Saskatchewan.

Tune in to Ag Access weekdays during the noon hour on 105 CJVR.

alice.mcfarlane@pattisonmedia.com

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