Reading Time: 2 minutes Saskatchewan expects to pull back its spending on agriculture by about $22.4 million in its 2020-21 budget year, mainly in a reduced outlay on business risk management (BRM) programs. Provincial Finance Minister Donna Harpauer on Wednesday tabled the province’s 2020-21 spending estimates with the “unusual step” of not including revenue forecasts, citing the current COVID-19 […] Read more
Saskatchewan pares ag spending in estimates
Spending estimates released without revenue forecasts
Fraser: Bibeau buying time, BRM not a federal priority
Reading Time: 2 minutes The federal government is buying time when it comes to making drastic improvements to AgriStability and other business risk management (BRM) programs. Federal Agriculture Minister Marie-Claude Bibeau recently announced minor, cost-free tweaks to AgriStability, during the same week the public was given an updated look at Canada’s fiscal situation. That update shows the Liberal government’s […] Read more
Canadians to spend more on food in 2020, report predicts
Reading Time: 2 minutes MarketsFarm — Canadians will spend two to four per cent more on food in 2020, according to the latest Canada Food Price Report from researchers at Dalhousie University’s Agri-Food Analytics Lab and the University of Guelph. The average family in the country will see its total food bill for groceries and restaurant meals rise by […] Read more
Farm groups see something for everyone in federal budget
Reading Time: 4 minutes Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
Trump budget proposes steep subsidy cuts to U.S. farmers
Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump’s 2020 budget on Monday proposed a 15 per cent cut for the U.S. Department of Agriculture, calling its subsidies to farmers “overly generous” at a time when they are going through the worst crisis in decades because of depressed commodity prices and Trump’s trade tariffs. The Republican […] Read more
Canola Council resets course for ‘efficiencies’
Reading Time: 3 minutes Facing new limits on available funding, Canada’s canola value chain organization plans to refocus its work on its “core strengths” and collaborate with other players. The Canola Council of Canada on Wednesday announced a revised work plan, coming out of a “priorities review” undertaken after one of Canada’s biggest grain companies called a halt to […] Read more
New rules on passive investment arrive in budget
Reading Time: 3 minutes It’s got no new nuggets specifically for crop or livestock producers, but Tuesday’s federal budget includes the end results of last year’s consultations — and backlash — on corporate taxation. Finance Minister Bill Morneau’s 2018 budget proposes a couple of new limits on Canadian-controlled private corporations’ (CCPC) ability to benefit from a lower tax rate […] Read more
Producers vote down Ontario beef checkoff increase
Reading Time: 3 minutes A bid to increase the checkoff paid by Ontario’s beef farmers to Beef Farmers of Ontario was quashed when it failed to get the 66 per cent support it needed for approval. Why it matters: Beef Farmers of Ontario pulled from its reserves to fund at close-to $1 million deficit in 2017 and was planning […] Read more
Ontario budget seeks tax flexibility for on-farm processing
Reading Time: 4 minutes The Ontario government has balanced its budget for the first time in since 2008 — but Thursday’s budget contained little news for agriculture and rural Ontario. Finance Minister Charles Sousa’s budget mostly highlighted agriculture programs that had already been announced, and maintains $100 million in funding for the provincial Risk Management Program, which helps offsets […] Read more
Saskatchewan budget seen as costly touch for farms
Reading Time: 2 minutes Saskatchewan’s general farm organization is consulting its farmer members on less-discussed features of last month’s provincial budget, while warning them to brace for impact from new budget-related costs. The Agricultural Producers Association of Saskatchewan last Monday wrapped up its latest round of spring district meetings, at all six of which APAS general manager Duane Haave […] Read more
A message from April Stewart, Country Guide's Associate Editor
