budget Archives - Page 3 of 4 - Manitoba Co-operator

U.S. President Donald Trump and First Lady Melania Trump survey damage and are briefed by a FEMA official on March 8, 2019 in Beauregard, Alabama, where 23 people in Lee County were killed by tornadoes earlier in the week. (Photo: Reuters/Mike Theiler)

Trump budget proposes steep subsidy cuts to U.S. farmers

By GFM Network News, Humeyra Pamuk March 11, 2019

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

(Photo courtesy Canola Council of Canada)

Crops, Markets

Canola Council resets course for ‘efficiencies’

By GFM Network News, Gfm Staff December 10, 2018

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

Tax return storage at the Canada Revenue Agency. (Canada.ca)

New rules on passive investment arrive in budget

By GFM Network News, Manitoba Co-operator Staff February 27, 2018

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

Beef cattle, Livestock

Producers vote down Ontario beef checkoff increase

By GFM Network News, John Greig February 22, 2018

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

Crops

Ontario budget seeks tax flexibility for on-farm processing

By GFM Network News, John Greig April 28, 2017

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

Dan Mazier says several aspects of the recently released provincial budget are designed to help grow Manitoba’s agricultural sector.

Local news

New investments make provincial budget good for agriculture, says KAP

A few less used agriculture tax credits were axed in the recent provincial budget,  but were more than offset by added investments

By Shannon VanRaes April 24, 2017

Keystone Agricultural Producers is giving the provincial budget a thumbs up from the agriculture sector. Producers can expect few changes to how agricultural policy is funded in Manitoba, following the release last week. The province’s general farm organization said the budget is good for agriculture, with no cuts and some improvements on offer. “It does

“Obviously they have a fiscal challenge in front of them, and they aren’t balancing the books on the backs of municipalities, which we think is favourable.” – Chris Goertzen, AMM president.

Local news

Provincial budget makes no cuts to municipal funding

More flexibility in how grant monies can be allocated welcomed, says AMM president

By Lorraine Stevenson April 20, 2017

Municipal leaders are relieved there will be no direct cuts coming to local government funding in 2017, says the head of the province’s municipal lobby. Provincial funding for municipalities will remain at the same level in 2017 as it was last year, said Association of Manitoba Municipalities (AMM) president Chris Goertzen shortly after hearing details

A rail car from SGCC’s fleet. (Dave Bedard photo)

Crops, Weather

Saskatchewan budget seen as costly touch for farms

By GFM Network News, Leeann Minogue April 17, 2017

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

Livestock

Manitoba pulls less-loved ag tax credits in budget

By GFM Network News, Manitoba Co-operator Staff April 11, 2017

More funding for agriculture innovation in Manitoba’s latest provincial budget will be offset in part by an immediate end for several of the less popular tax credits available for farm use. Provincial Finance Minister Cameron Friesen on Tuesday laid out a 2017-18 budget with an overall $840 million deficit, based on a four per cent

Crops

Tax treatment of deferred grain cash tickets under review

By GFM Network News, Manitoba Co-operator Staff March 24, 2017

Grain growers in Canada who take deferred cash purchase tickets for crops are being asked whether it’s time to get rid of the rule that allows income from those tickets to be put off to the following tax year. Tucked into federal Finance Minister Bill Morneau’s budget on Wednesday was an announcement of public consultation,

Daily Network News

U.S. livestock: CME cattle futures rise on expectations of tight supplies

U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years

ICE Canada Weekly: Canola unlikely to have a good start to 2026

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