In a May 27 letter to finance minister Chrystia Freeland, agriculture minister Lawrence MacAulay and national revenue minister Marie-Claude Bibeau, 10 signatories said they are concerned about the capital gains inclusion rate, the Alternative Minimum Tax (AMT) and the Canadian Entrepreneurs’ Incentive (CEI), which were all announced in April.
Farm groups criticize capital gains inclusion rate change
Ten national organizations say several tax-related changes in the 2024 federal budget will impact farmers
U.S. grains: Wheat, corn futures end week lower with Russian crop in focus
Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.
Alberta Crop Report: Progress made, still behind historical averages
Growers in Alberta made plenty of seeding progress during the week ended May 28, but progress was still a bit behind historical averages.
Prairie Wheat Weekly: Western Canadian bids show small declines
Most Western Canadian wheat bids weakened a little during the week ended May 30 as spring wheat continued to be planted and winter wheat began its harvest.
Polish farmers demand less interference from EU ahead of vote
Poland has become a hotspot for protests that sprang up across Europe as farmers railed against cheap imports from the war-torn country, as well as restrictions placed on them by the EU's "Green Deal" to tackle climate change.
U.S. grains: Wheat slips further from highs as Russia rain awaited
Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.
Saskatchewan seeding progress running behind average
Saskatchewan farmers made good seeding progress during the week ended May 27 although operations continue to run behind average as varied rainfall caused some delays, according to the latest weekly report from the provincial agricultural department.
‘Status quo’ for Prairie feed market
Feed grain bids in Western Canada lack any clear direction for the time being, as farmers finish up spring seeding around consistent rains.
Feds pledge $8 million to crop diversification research
The federal government will give over $8 million to Ag-West Bio Inc. for crop diversification research said federal ag minister Lawrence MacAuley today.
EU sets prohibitive tariffs on Russian, Belarusian grain from July
Today European Union trade ministers agreed to impose prohibitive tariffs on cereals, oilseeds and derived products from Russia and Belarus from July 1, a move the bloc said would halt imports of these products.