GFM Network News

More News →

Tag Archives Budget

General, Markets, Weather

Budget could include new BRM program, ag labour plan

Proposal for 'AgriResilience' program goes to Freeland

By ,
A new pre-budget report from the House of Commons’ finance committee is recommending several measures directly related to agriculture — including sought-after tweaks to AgriStability and creation of an entirely new business risk management program. The multipartisan committee heard testimony and received submissions from more than 800 groups and individuals. Mostly-virtual meetings took place in […] Read more
General

CFA seeks continued ag support in next federal budget

Federation also presses for Buy Canadian campaign, processing support

By ,
Federal budget consultations are underway, with agricultural groups lobbying the government to support the industry further in the midst of the COVID-19 pandemic. Finance Minister Chrystia Freeland on Jan. 25 launched pre-budget consultations and since then, her schedule has involved several meetings with stakeholders. “We want to hear ideas from Canadians, from all walks of […] Read more
Crops

Saskatchewan pares ag spending in estimates

Spending estimates released without revenue forecasts

By ,
Saskatchewan expects to pull back its spending on agriculture by about $22.4 million in its 2020-21 budget year, mainly in a reduced outlay on business risk management (BRM) programs. Provincial Finance Minister Donna Harpauer on Wednesday tabled the province’s 2020-21 spending estimates with the “unusual step” of not including revenue forecasts, citing the current COVID-19 […] Read more
General

Fraser: Bibeau buying time, BRM not a federal priority

By
The federal government is buying time when it comes to making drastic improvements to AgriStability and other business risk management (BRM) programs. Federal Agriculture Minister Marie-Claude Bibeau recently announced minor, cost-free tweaks to AgriStability, during the same week the public was given an updated look at Canada’s fiscal situation. That update shows the Liberal government’s […] Read more
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

By
Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
Cow-Calf, Features, Livestock

Consider more than cost during a winter feed shortage

Producers need to ruminate on logistics, pasture conditions and animal welfare, too

By
After a hot, dry summer in the Cypress Hills, Rick Toney knew some budgeting was in order to ensure his cows would be properly fed this winter. Toney, who ranches near Gull Lake, Sask., and serves as the chair of the Saskatchewan Cattlemen’s Association, runs around 500 cows in addition to a small backgrounding lot. […] Read more
Canola, Crops, Markets

Canola Council resets course for ‘efficiencies’

By
Facing new limits on available funding, Canada’s canola value chain organization plans to refocus its work on its “core strengths” and collaborate with other players. The Canola Council of Canada on Wednesday announced a revised work plan, coming out of a “priorities review” undertaken after one of Canada’s biggest grain companies called a halt to […] Read more
General

New rules on passive investment arrive in budget

By
It’s got no new nuggets specifically for crop or livestock producers, but Tuesday’s federal budget includes the end results of last year’s consultations — and backlash — on corporate taxation. Finance Minister Bill Morneau’s 2018 budget proposes a couple of new limits on Canadian-controlled private corporations’ (CCPC) ability to benefit from a lower tax rate […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending February 26, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.