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Education Tax Needs More Attention

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Election promises are falling short of expectations for those who want school taxes removed from farmland and farm production buildings, according to the Manitoba Education Financing Coalition (MEFC). MEFC launched its letspayfair.com campaign in early September, urging candidates in the October 4 provincial election to move to a system where education is not funded through
Opinion

Letters – for Sep. 22, 2011

Pay more for hydro, less for property tax The Manitoba Education Financing Coalition Group wants tax to take a hike, (Sept. 1) deserves strong support from all Manitobans, including its proposal that education tax be paid with profits from Manitoba Hydro. I doubt that the profits are lying there, ready for the taking. I expect
Cereals, Grain Markets

Saudi Arabia A Big Buyer Of Barley In 2011

ABU DHABI/REUTERS Saudi Arabia is set to import seven million to 7.5 million tonnes of barley this year and is looking at long term deals with major grain exporter Ukraine, the finance minister of the world s biggest barley buyer said on Sept. 7. We import around seven to 7.5 million tonnes of barley as
Opinion

Removing Education Financing From Property Tax Bills

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It s September and Manitobans with students in the family are in back-to- school mode. Farmers have education on their minds as well because a provincial election is nearing and we are pushing for changes that will lower our property tax bills. Many people may not realize this, but Manitoba farm families shoulder an inequitable
Livestock

Cairns Group Looks To Break The Impasse

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Representatives of more than 25 countries are in Saskatoon this week looking for a way to break the deadlock in the WTO negotiations. Agriculture Minister Gerry Ritz and his Australian counterpart are chairing the two-day Cairns Group meeting from Sept. 7 to 9. The group, which held its inaugural meeting in the Aussie city, has
News

Economic Slowdown Could Weigh On Grain Prices

Fears of a global economic slowdown have nervous investors heading for the sidelines. As a result, equity markets have been under pressure since peaking in early May 2011. The two-week reversal at the height of the 27-month-long rally in the S&P 500 gave savvy investors an indication this bull market was vulnerable to running out
News

Gold Shines In Light Of Economic Uncertainty

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Gold has garnered a lot of attention since nearly doubling in price over the past three years and gaining over 600 per cent this past decade. Gold’s lustre comes from the fact investors have always viewed the shiny metal as a safe investment in times of economic uncertainty. Unknown outcomes for debt-ridden countries such as
Grain Markets

CME To Push Ahead With Higher Corn Trading Limits

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The CME Group made it clear at a July 19 meeting that the exchange would go ahead with plans to raise the daily trading limits on corn futures despite strong opposition from many grain-handling companies. The CME’s request to raise the trading limit to 40 cents from the current 30 cents is under review by
News

Rosann Wowchuk Not Seeking Re-Election

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How does a 4-H mom and farm wife wind up as a deputy premier and finance minister – one of the most powerful portfolios in politics? It’s quite simple really: work tirelessly and file your nomination papers on time. After 21 years in provincial politics, NDP Deputy Premier Rosann Wowchuk has announced she won’t seek
News

Main Trend In Crude Oil Still Up, Despite Recent Downturn

Crude oil prices have been under pressure since a two-week reversal developed two weeks ago. This reversal pattern materialized after crude oil prices failed to exceed the upper boundary of the uptrending channel. A two-week reversal indicates a change in direction and can occur at the top or bottom of a market. This two-week reversal

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