Given the Trump administration’s fluctuating tariff rules, delivery of new farm equipment has been disrupted in a manner that hasn’t existed since the Second World War.
In late 1978 I bought a new Ford 4x4 pickup truck. The sticker price was under $10,000 and my job at the time was paying me around $25,000 a year. That meant the truck, at about a third of my annual income, was pretty affordable. Using the Bank of Canada's inflation calculator, that truck would[...]