GFM Network News


Ag balance sheet points to stable farm economy

CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more



Drought-hit tax deferral zones named

Ottawa has seen enough drought in parts of southwestern Alberta, southern and eastern Ontario and southwestern Quebec to offer deferrals on their ranchers’ 2016 income tax from breeding livestock sales. Agriculture Minister Lawrence MacAulay on Tuesday released the federal government’s initial list of municipalities designated for the 2016 deferral. In Alberta, those areas include Clearwater, […] Read more

Advance payment program widened, streamlined

More types of livestock will be eligible and more types of security will be allowed for Canadian farmers to get federally-backed advance payments starting this year. Amendments to the Agricultural Marketing Programs Act (AMPA), made last February as part of the former Conservative government’s omnibus Agricultural Growth Act, have made regulatory changes possible for the […] Read more