GFM Network News

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

Ontario to back baby formula plant

Reading Time: 2 minutes A baby formula plant proposed for eastern Ontario has got a major boost from the Ontario government. The $225 million plant is being built at Kingston by Canada Royal Milk ULC, a subsidiary of Chinese company Feihe International. The Ontario government has committed up to $24 million to the project, which will export baby formula […] Read more

Four farmers named to panel on Ontario prison farms

Reading Time: 2 minutes Four eastern Ontario farmers have been named to a new seven-member advisory panel on the “potential reopening” of two federal penitentiary farms at Kingston. Correctional Service Canada (CSC) on Thursday announced the panel members, who are expected to hold their first meeting next month and to “engage with community stakeholders” on the farms’ possible reopening. […] Read more

Ottawa plans study for new Kingston prison farm

Reading Time: 2 minutes The federal government is set to run a study reconsidering the previous administration’s decision to shut farming operations at federal penitentiaries. Following up on a Liberal campaign pledge, the Correctional Service of Canada (CSC) announced plans Thursday for a feasibility study including both in-person and online consultations with stakeholders and the public. Specifically, CSC said […] Read more