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(Dave Bedard photo)
Crops

Saskatchewan pares ag spending in estimates

Spending estimates released without revenue forecasts

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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
(Photo courtesy Canada Beef Inc.)
General

Fraser: Bibeau buying time, BRM not a federal priority

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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
Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

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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
Consider more than cost during a winter feed shortage
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

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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
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Canola Council resets course for ‘efficiencies’

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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
Tax return storage at the Canada Revenue Agency. (Canada.ca)
General

New rules on passive investment arrive in budget

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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
(OntLA.on.ca)
Crops, Machinery

Ontario budget seeks tax flexibility for on-farm processing

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The Ontario government has balanced its budget for the first time in since 2008 — but Thursday’s budget contained little news for agriculture and rural Ontario. Finance Minister Charles Sousa’s budget mostly highlighted agriculture programs that had already been announced, and maintains $100 million in funding for the provincial Risk Management Program, which helps offsets […] Read more

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