Reading Time: 2 minutes The federal government is spending $3.3 million to improve rail safety at 18 locations in Alberta. The funds will be used on three types of projects: Install flashing lights, bells, and gates at crossings. Install advanced train detection and crossing control system. build fencing and other barriers to discourage trespassing on railway properties. Almost half […] Read more
Upgrades slated for a host of crossings
Seventeen rail crossings will see upgrades in the coming year in locations across the province
Ottawa budgets $117 million to reconnect Churchill
The federal government’s latest commitment to restore and maintain rail service from the eastern Prairies up to Hudson Bay will involve $117 million over the next 10 years. Ottawa’s pledge follows the Aug. 31 announcement of a deal for a private/public partnership group to buy the Hudson Bay Railway line, which has been closed since […] Read more
Beef research funding welcomed
Reading Time: < 1 minute The Beef Cattle Research Council is praising Ottawa’s decision to put $14 million in the newest edition of a beef science cluster. The federal funding, part of the Canadian Agricultural Partnership (the successor to Growing Forward) will be combined with $7 million from the national beef checkoff. The combined $21 million will be dispersed over […] Read more
Proposed deal ‘fallen apart’ for Hudson Bay Railway
An acquisition deal-in-principle for northern Manitoba’s Hudson Bay Railway appears to have collapsed and the line’s current owners warn the railway may now be down for yet another shipping season. Hudson Bay Railway (HBR), a subsidiary of Colorado-based shortline operator OnmiTrax, announced Tuesday “it now appears that this transaction has fallen apart.” The proposed sale […] Read more
Superclusters: Creating a silicon valley for agriculture and food
Two proposals from Western Canada are vying for backing in Ottawa’s bid to put Canada at the front of the new economy
Reading Time: 6 minutes So what would you rather have — new lucrative ‘plant protein’ markets or a way to turn Big Data into bigger profits? Those are the goals of the two agriculture and agri-food proposals vying for a slice of $950 million of federal cash that Ottawa will spend on ‘superclusters’ — business-led collaborations that aim to […] Read more
Feds announce tax support for cattle producers
Measures will assist those hit by bovine TB outbreak and in areas affected by drought
Reading Time: < 1 minute Alberta and Saskatchewan cattle producers affected by bovine TB outbreak in 2016 and this year will receive additional tax relief. Farmers who received compensation under the Health of Animals Act from livestock destroyed due to the bovine tuberculosis outbreak in 2016 and 2017 in Alberta and Saskatchewan are eligible for livestock tax deferral provisions. These allow them to defer a […] Read more
Feds backpedal on plans to scrap cash ticket deferral system
The federal government has changed its tune on cash ticket deferrals
Reading Time: 4 minutes Dean Gallimore breathed a big sigh of relief when he learned that the federal government had scrapped its plans to eliminate the cash ticket deferral system. “This is a relief in a big way,” said the chartered accountant. “I was very concerned that they were going to scrap the system. Farmers could deal with that, […] Read more
High hopes for remote sensing of pasture conditions
Federal funding assists pasture project
Reading Time: 2 minutes The Canadian Cattlemen’s Association says it hopes a research project on remote sensing of pasture conditions will be the foundation for a new national pasture insurance program. “The project’s findings may allow for more precision in the development of insurance programs for pasture production, on a farm level, rather than by geographic regions or limited […] Read more
Worried about federal tax changes? There’s an alternative, say experts
Federal Liberal bid to close ‘loopholes’ will increase taxes on most farm corporations, but there’s a way to avoid that hit
Reading Time: 3 minutes Proposed federal tax changes aimed at ‘income sprinkling’ and other tax reduction measures used by corporations — including those owned by farmers — have ignited a storm of controversy. But there are “a lot of other tax strategies” that farmers can use, say financial planning experts. In July, federal finance officials announced proposed changes to […] Read more
Proposed tax changes could hit farmers hard
Ottawa’s plan to make wealthy Canadians pay their fair share of taxes could cripple your retirement or succession plans
Reading Time: 4 minutes Proposed changes to the federal income tax act could have far-reaching consequences for Canadian farmers. “The proposals that came out in July are so wide reaching and so complicated that they could significantly impact all farms across Canada,” said Allan Sawiak, a taxation partner at accounting firm Kingston Ross Pasnak in Edmonton. “This will affect […] Read more
Cyber-Savvy Farmer
