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Abstract
Agriculture is one of the least stable Canadian industries with respect to product
prices, the volume of production of many products, and the net incomes received
by farmers. Each of these aspects of instability has negative impacts on the
income and financial security of farmers as well as on the rest of the economy.
Price instability irritates many consumers. Variation in volume of output affects
employment levels and unit costs in those industries handling agricultural
products. Variation in farm income has similar effects on farm supply firms and
consumer goods and service industries in predominantly agricultural regions.