Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw farmers take in $9.9 billion, […] Read more
StatsCan shows 2020 farm income up significantly
Farm cash receipts were up more than expenses
Tory MP’s bill on farm transfer tax treatment moves ahead
Private member's bill now awaits Senate approval
A Manitoba Conservative MP’s bill to standardize the tax treatment for sales of farms and other small businesses has cleared the House of Commons and is en route to the Senate. Brandon-Souris MP Larry Maguire’s Bill C-208, which was introduced for first reading in February last year, passed third reading in the Commons on Wednesday. […] Read more
Don’t count chickens before they hatch: Tyson bet on wrong rooster
Meat giant books unexpected decline in hatching
Chicago | Reuters — Tyson Foods is laying off a certain type of rooster from its U.S. chicken business after a surprising discovery that eggs fertilized by the male bird hatch less often, resulting in fewer chickens. The world’s largest meat producer by sales will install a replacement across its breeding program by this fall […] Read more
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
Conservatives’ new climate plan puts price on carbon
New poll ranks carbon tax costs highest among farmers' springtime concerns
Canada’s ag sector is expected to serve as a carbon sink, a renewable fuel source and a beneficiary in the federal Conservative Party’s new climate change plan — which now includes putting a price on carbon. Party leader Erin O’Toole announced the new plan Thursday — after a long campaign of vehemently opposing such policy. […] Read more
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
Schoepp: The consumption of minerals calls out for a new approach
Agriculture can offer some alternatives if we innovate and adopt a regenerative mindset
Reading Time: 3 minutes In an agricultural context, the term mineral might take one’s thoughts straight to a balanced livestock diet or to the most recent soil test. It might lend itself to a water or blood test. But rarely are minerals thought of as something we consume by ingestion or external use. I checked out the amount of […] Read more
Compensation programs hatched for feather sectors
On-farm investment, market development plans on deck
Long-awaited programs to make up for market share lost to imports under the Trans-Pacific Partnership trade pact are set to roll out to Canada’s chicken, egg and turkey farmers. Agriculture Minister Marie-Claude Bibeau and caucus colleagues on Tuesday announced the specific contents of her previously-pledged $691 million, 10-year compensation funding envelope: a Poultry and Egg […] Read more
On-farm cybersecurity campaign gets backing
Glacier FarmMedia to link up with federally-funded project
A campaign to assess, reinforce and promote cybersecurity across Canada’s ag sector — partly through this website and its sister publications and events — has been tapped to receive multi-year federal funding. Public Safety Minister Bill Blair on March 25 announced over $500,000 over four years through the federal Cyber Security Co-operation Program for the […] Read more
Manitoba’s education tax phase-out begins
Budget pledges a 25 per cent rebate cheque in 2021; existing farmland school tax rebate to be reduced
Manitoba’s latest budget follows through on a move the government telegraphed in last fall’s throne speech, by starting a phased removal of education tax on farm and residential properties. Finance Minister Scott Fielding’s budget, released Wednesday, calls for about $248 million in education tax rebates in 2021 alone for about 658,000 property owners. Owners of […] Read more