GFM Network News


A vineyard at Naramata in B.C.’s Okanagan Valley. (File photo by Dave Bedard)

B.C. again waives ag income threshold for farm properties

Some farms otherwise risked property tax reclassification

British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced that for the second year running, it will waive the minimum farm income thresholds normally required for B.C. properties to be classified as farms for […] Read more

Canola was the star, but grains and pulses also propelled farm incomes on the Prairies last year.

A great year for the bottom line of grain farmers

Farm income rose by half a billion in Alberta last year — although our neighbour did even better

Reading Time: 3 minutes Farm income in Alberta took a hefty jump last year, but nothing compared to our next-door neighbour. Net cash income rose by 15 per cent in Alberta to $3.9 billion, which is a $447-million increase from 2019. But in Saskatchewan, net cash income skyrocketed to $6.4 billion — a whopping 78 per cent increase of […] Read more


Flush farmers have a reputation for reinvesting in their operations, which has a positive impact on the economy. (Luca Piccini Basile/iStock/Getty Images)

StatsCan shows 2020 farm income up significantly

Farm cash receipts were up more than expenses

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



Rt. Hon. Don Mazankowski (CNW Group/The Family of Don Mazankowski)

Former federal ag minister Don Mazankowski, 85

Long-time Alberta Tory MP deemed a 'minister of everything'

A private memorial is planned for long-time Alberta MP Don Mazankowski, whose work in the cabinets of prime ministers Brian Mulroney and Joe Clark included a stint as Canada’s minister of agriculture. Mazankowski, the MP for the east-central Alberta riding of Vegreville from 1968 to 1993, died late Tuesday at age 85, his family said […] Read more

File photo of Agriculture Minister Marie-Claude Bibeau speaking in Winnipeg in February 2020. (Dave Bedard photo)

Bibeau not considering closing AgriInvest accounts

Minister wouldn't order farmers to pull funds

Federal Agriculture Minister Marie-Claude Bibeau is not considering ordering producers to withdraw from their AgriInvest accounts. “Not in this way. All the options are on the table for the future, but I’ve never considered asking them to withdraw, to empty their accounts, to face COVID-19,” she said in an interview Friday. Bibeau had previously expressed […] Read more


India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)

India’s levy cut on lentils part of balancing act

Global markets had zero or little forewarning of decision

MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more

Nationally, farm net cash income was $12.95 billion, up six per cent overall

Not the best of times, but farm income rose in 2019

After a big drop two years ago, net income rose last year — and cannabis became a major crop

Reading Time: 3 minutes Alberta farm income more than doubled last year. But it’s not as good as it sounds, even if you have been indulging in some of what is suddenly the province’s third-largest cash crop. Net farm income in Alberta in 2019 was just north of $671 million — which is well above the 2018 figure of […] Read more


Plants at Delta 9 Cannabis’ indoor production facility in Winnipeg. (Dave Bedard photo)

Legalization lifts Canada’s net farm income in 2019

Livestock receipts up, unsmokeable crop receipts lower

A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent […] Read more

(Dave Bedard photo)

Pandemic to delay StatsCan’s agriculture reports

MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is […] Read more