If farmers can make it through the rest of 2010 and early 2011, they’ll see sunnier days, says a TD Bank executive. I interviewed Derek Burleton, vice president and deputy chief economist of the TD Bank Financial Group, who said conditions are lining up nicely for next year, at least from an investment perspective: low interest rates to make borrowing easier, a higher Canadian dollar to make equipment purchases more affordable, commodity prices generally on the upswing, and in Ontario, a provincial government that’s holding out the Open For Business sign. I write about this forecast in my Urban Cowboy column in today’s Guelph Mercury.
