Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects in Saskatchewan’s latest budget. Provincial Finance Minister Donna Harpauer on Wednesday released her 2022-23 budget with $17.6 billion in expenditures on $17.2 billion in revenues, […] Read more
Saskatchewan budget aims to spur ag investment
Potash, crude oil resource revenues help cut deficit
AgriRecovery underway for flood-battered B.C. farms
Feds, province put up $228 million
The federal and British Columbia governments’ response to last fall’s destructive flooding now includes what’s said to be the biggest farm disaster recovery package in the province’s history. Provincial Agriculture Minister Lana Popham and her federal counterpart Marie-Claude Bibeau on Monday announced cost-shared funding of $228 million for the Canada-B.C. Flood Recovery for Food Security […] Read more
Plans afoot to move hay from East to drought-hit West
CFA, BFO spearheading Hay West-style initiatives
Farm groups are spearheading new plans to get livestock feed from Eastern Canada to drought-damaged regions of the western provinces and northwestern Ontario. Details are still pending, but the Canadian Federation of Agriculture (CFA) announced Aug. 12 it has started work on a “Hay West” initiative to get surplus hay “to those struggling in the […] Read more
Drought relief payments to start flowing in early September
Producers need an AFSC account and a record of ‘extraordinary' livestock feed expenses
Reading Time: 3 minutes The first drought relief payment of $94 per head should be in the hands of cattle producers early next month. In the meantime, producers need to make sure they have an account with Agriculture Financial Services Corporation (AFSC) and start putting together a record of “extraordinary” feed expenses because of the drought. “We’re working towards […] Read more
Will a third of a billion dollars in drought aid be enough?
Massive emergency rescue plan won’t be enough for many
Reading Time: 5 minutes Emergency money for cattle producers is coming, but now the big questions are: How fast will it arrive? And will it be enough? Although the $340 million pledged for Alberta ranchers under the AgriRecovery program is a big number, the skyrocketing cost of feeding cattle is even bigger. “The total lend is $200 a head. […] Read more
Feds lock in AgriRecovery funds before election call
Ottawa's pledged share now up to $500 million
Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more
Sask. Crop Report: Half of winter wheat, fall rye crops harvested
MarketsFarm – While a few scattered showers across Saskatchewan delayed some of the harvest, the hot and dry weather has allowed farmers to make more progress than last year. Seven per cent of the province’s crop has been combined and six per cent is ready to straight combine, according to the Province of Saskatchewan’s weekly […] Read more
Tax deferrals, crop insurance changes en route against drought
Assessments underway for AgriRecovery, minister says
Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern […] Read more
‘Time is ticking’ on drought response for beef cattle sector
'We need answers like yesterday'
As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more
Request line open for AgriRecovery drought plans, Bibeau says
Formal ask needed to trigger process: ag minister
Canada’s federal agriculture minister says the government is “ready to receive formal submissions” from provinces for AgriRecovery plans to help Prairie farmers and ranchers up against significant droughts this summer. Marie-Claude Bibeau, summarizing discussions from Thursday’s online meeting with provincial and territorial (FPT) agriculture ministers, said the formal requests “are needed to trigger the process,” […] Read more
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