The Canada Carbon Rebate for Small Businesses was announced in this year’s federal budget, and while details are still scant, it will return a portion of the price on pollution through a refundable tax credit.
Carbon tax rebate available to farms with employees
Leon Manufacturing for sale
Yorkton manufacturer's assets for sale as part of receivership process
The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million.
Capital gains changes continue to draw farm concerns
Organizations say increasing the inclusion rate will affect intergenerational transfer
The Canadian Federation of Agriculture said it was frustrated changes to the capital gains tax could undermine intergenerational farm transfers and that Ottawa ignored the calls for further work on the planned changes.
MFGA applauds Senate soil report
The report looks into the relationship between soil health, and Canada's overall economic and environmental wellbeing
The Manitoba Forage and Grassland Association says Senate soil report should translate to action and wider adoption of farm practices that support soil health.
FCC invests in breeding innovation
Farm Credit Canada has invested $5 million into the accelerated breeding program at the Global Institute for Food Security.
Cattle producers wary of grasslands conservation proposal
Glacier FarmMedia – Saskatchewan Stock Growers Association members want the Canadian Cattle Association to press pause on its Grasslands Conservation Initiative until it can better communicate its plan. Several resolutions about the initiative were debated during the SSGA annual meeting June 11 and while some were defeated members did approve one calling on CCA to
Biosecurity bill draws questions from Senate ag committee
Some senators said the bill should cover everyone who enters a livestock operation because anyone can pose a biosecurity threat
Senate scrutiny has begun on Bill C-275, the private member's bill to amend the Health of Animals Act, which would increase fines for those who unlawfully enter livestock barns and processing facilities.
Soil should be a strategic national asset: Senate committee
The two-year study of Canada’s soils is now complete and recognizes that while conservation efforts over recent decades have been tremendous there is still more to be done
The Critical Ground: Why Soil is Essential to Canada’s Economic, Environmental, Human and Social Health report said Canada requires an overarching strategy to collect better data. It says a national soils institute database that shares information with provinces, academics and producers should be established.
Farm groups criticize capital gains inclusion rate change
Ten national organizations say several tax-related changes in the 2024 federal budget will impact farmers
In a May 27 letter to finance minister Chrystia Freeland, agriculture minister Lawrence MacAulay and national revenue minister Marie-Claude Bibeau, 10 signatories said they are concerned about the capital gains inclusion rate, the Alternative Minimum Tax (AMT) and the Canadian Entrepreneurs’ Incentive (CEI), which were all announced in April.
Reports raise alarm over Bunge-Viterra merger
Competition Bureau, ag economists warn of significantly reduced competition, more costs to farmers
Glacier FarmMedia – Bunge and Viterra said in late April that they still expect to proceed with their proposed merger, even after a Competition Bureau review identified major concerns about reduced competition. A report from three University of Saskatchewan agricultural economists, prepared on behalf of four Saskatchewan and Alberta farm groups, reached the same conclusion. It was released April 29. The Agricultural Producers of Saskatchewan was among those groups. “We are particularly concerned
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