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Feds plan to ease Underused Housing Tax reporting load

New exemption also proposed for employee housing outside cities

Federal Finance Minister Chrystia Freeland’s latest Fall Economic Statement offers to take some of the reporting burden off certain farmers and other Canadians when filing for exemptions from the national Underused Housing Tax (UHT). The federal finance department on Nov. 16 posted its legislative and regulatory proposals for changes to the UHT online and has […] Read more

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland walk with copies of the 2023-24 budget on Parliament Hill in Ottawa on March 28, 2023. (Photo: Reuters/Patrick Doyle)

Interest-free cash advances get extra lift in federal budget

Fertilizer diversification, solids non-fat processing also up for funding

Federal Finance Minister Chrystia Freeland’s latest budget envelope for Canadian farmers up against rising costs of production includes a temporary boost to the interest-free portion of cash advances. Freeland’s 2023 federal budget, released Tuesday, includes $13 million in 2023-24 for Agriculture and Agri-Food Canada to temporarily increase the interest-free limit for loans under its Advance […] Read more


Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget in Ottawa on April 7, 2022. (Photo: Reuters/Blair Gable)

Supply chain improvement funds pledged in federal budget

Money also added for support of TFWs, P.E.I. potato sector

The federal government’s release last week of its Emissions Reduction Plan has turned out to be the spoiler for new ag funding in Thursday’s 2022 budget — although more money is also pledged to help strengthen cross-country supply chains generally. Finance Minister Chrystia Freeland on Thursday laid out a federal budget with about $452.3 billion […] Read more

Chrystia Freeland takes part in a news conference at the Canadian embassy in Washington, D.C. on Aug. 31, 2018. (Photo: Reuters/Chris Wattie)

Farm transfer tax treatment bill now law, feds say

Government to add amendments against tax loopholes

Despite a previous statement from her ministry, Canada’s finance minister says a bill standardizing the tax treatment of farm transfers is now officially on the books. However, while Bill C-208 is now in federal tax law, further amendments are en route to plug legal loopholes the bill may have opened. Finance Minister Chrystia Freeland on […] Read more


Finance Minister Chrystia Freeland arrives to a news conference prior to delivering the budget in the House of Commons in Ottawa on April 19, 2021. (Photo: Reuters/Blair Gable)

Federal budget to offer direct payments to farmers for carbon pricing

Other new 'green growth' funding also on deck

The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released the budget Monday, showing the majority of new spending will take place over three years and be largely focused on “green growth.” “Budget 2021 announces […] Read more

Federal Finance Minister Chrystia Freeland appears at a news conference in Ottawa on Sept. 24, 2020. (Photo: Reuters/Blair Gable)

Agriculture, agrifood wish lists pile up ahead of long-delayed budget

Freeland's budget due out Monday afternoon

Agriculture and agrifood sector stakeholders will learn Monday which of their requests make their way out of the pile and into a long-awaited federal budget. Federal Finance Minister Chrystia Freeland’s 2021 budget is scheduled to be released Monday in the House of Commons, at about 4 p.m. ET. Canadians didn’t get a 2020 budget: it […] Read more


Deputy Prime Minister Chrystia Freeland waits to enter a ballroom at an event in Ottawa on Dec. 9, 2019. (Photo: Reuters/Blair Gable)

New finance minister Freeland no longer to spearhead U.S. relations

Ottawa | Reuters — Chrystia Freeland will no longer be in charge of spearheading diplomatic relations with the United States now that she is Canada’s new finance minister, three government sources told Reuters Wednesday. Prime Minister Justin Trudeau had made Freeland his main U.S. go-between when he named her deputy prime minister after last year’s […] Read more




Eureka!  At last, we have a renegotiated NAFTA

Eureka! At last, we have a renegotiated NAFTA

Free Market Reflections with Steve Dittmer

While it seems like forever to us, these kinds of diplomatic trade battles usually take several years to settle, not just a little over a year. Of course, President Trump wasn’t around before now, pushing people’s buttons and impatiently demanding results like a business tycoon. Prime Minister Justin Trudeau made a major point that the […] Read more