Primary energy consumption by source, world.

The sky is not falling, Part 3

The best investment opportunities occur when negativity rules

World total energy consumption has been steadily rising, increasing 3.5 times in the last half-century. This is driven by the more than doubling of population, increasing economic growth and prosperity. Energy consumption temporarily declined twice in the last half century — during the 1980-82 recession and the 2007-09 Great Recession. Energy consumption and economic growth […] Read more

Green Party leader Elizabeth May walks off the set past moderator Paul Wells (l), Conservative leader Andrew Scheer and New Democratic Party (NDP) leader Jagmeet Singh after the Maclean’s/Citytv leaders’ debate in Toronto on Sept. 12, 2019. (Pool photo: Frank Gunn via Reuters)

Election 2019: Ag groups want the parties to pay attention

MarketsFarm — Two major national farm organizations want the political parties to pay more attention to agriculture as the federal election continues. However, the Canadian Federation of Agriculture (CFA) and the National Farmers Union (NFU) have somewhat different takes as to what they see as paramount. “It’s really important that we uphold the quality of […] Read more


Hart Attacks: What happened to the “reality check”?

Hart Attacks: What happened to the “reality check”?

Increasingly I am getting the message that the world is running from reality. Maybe it’s been happening for a half million years or so of evolution, but it seems just about every day someone is excited about something artificial being better than “real.” Take food for example. Meat and potatoes (with vegetables in season) kept […] Read more



Evaluating your investment performance

Are you getting your money’s worth when it comes to mutual fund fee structures?

There has been a lot of negativity directed towards the mutual fund and financial advisory industries around performance and fees, partly because of the emergence of Exchange Traded Funds (ETFs) with lower fees. Advisors, however, rely on mutual fund fees. My bias is towards taking control with direct stock ownership. This virtually eliminates fees and, […] Read more

A look at what’s ahead for the Canadian dollar

A look at what’s ahead for the Canadian dollar

Market Update with Jerry Klassen: Expect a slower economy, more debt and likely more taxes

The Canadian dollar eroded by 7.8 per cent during 2018 with most of this deterioration coming in the fourth quarter. For cattle producers, this isn’t necessarily negative. Recent data shows that year-to-date feeder cattle exports for the week ending Dec. 8, 2018 were 191,863 head, up a whopping 66 per cent over the same period […] Read more


Fear is easier to market than facts

Fear is easier to market than facts

Despite the potential stability of a well-structured portfolio, stock-phobia abounds

A phobia is defined as an extreme or irrational fear. I Googled phobias. There is a fear of money officially called chrematophobia, but no official fear of stocks so I will just refer to it as stock-phobia. Why are so many individuals afraid to invest in stocks when they represent one of the best wealth […] Read more

aerial view of farmland

Farmland values and rising interest rates

As interest rates rise, farmers are wondering, ‘it this still a good time to buy land?’


On most farms land is the largest farm asset, which means it can also account for the largest portion of farm debt — especially for farmers just starting out, taking over from the previous generation or expanding the business. What can farmers do, in the face of more potential interest rate hikes, to make sure […] Read more


Investing in speculations: an oxymoron

Is that investment you’re considering an actual investment? Or are you speculating?

Are cryptocurrencies and marijuana stocks investments? How about a technology company like Tesla? I can’t seem to have a conversation without being asked about these types of companies, although the cryptocurrency discussion has declined with their prices. Let’s look at the financials of Tilray, a marijuana stock, and Tesla. At the time of writing Tilray […] Read more

Wheat and Canadian Money or dollar or currency in double exposure shot, concept for earnings or spend in Agriculture

Farm debt in Western Canada

Our debt levels are increasing, but our debt-to-equity ratios are holding steady

The headline of an article released by FCC near the end of September was a little worrying: “What does a new high in farm debt mean for the ag sector?” Between 2016 and 2017, total Canadian farm debt increased by 6.6 per cent to more than $100 billion. In Manitoba, Saskatchewan and Alberta, the increase […] Read more