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Retirement Needs A Plan For Time As Well As Money

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Retirement planning isn’t just about retiring from a career, it’s about retiring to a new phase of living, two consultants who specialize in farm financial planning said last week. What’s key is being clear about what you want and preparing for it, said Ag Days speakers Mark Sloane and Andrew DeRuyck. The two western Manitoba
News

EU Draft Rules Increase Watchdog Power

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European regulators will gain unprecedented powers to control commodity markets through trade caps and heightened intervention if a draft EU document becomes binding, specialist lawyers said Dec. 3. Commodities are being integrated into sweeping reforms to the European Union’s markets in financial instruments directive (MiFID), which was released last month. A draft version seen by
News

EU Seeks Curbs On Food And Energy Speculators

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The European Commission unveiled plans on Dec. 8 to clamp down on speculators in commodities and combat insider trading and manipulation of gas and power markets as it sought to catch up with Washington’s tough regime. The EU’s financial services chief, Michel Barnier, and its energy commissioner, Guenther Oettinger want traders to disclose buying and
Opinion

Trade Talks Stuck In Past

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The surest way to confirm if anyone in Washington, D. C. is telling you the truth about trade is to watch their lips: if they move, they’re stretching the blanket one way or the other. Of course, not many lips have moved on trade last year or this year. Indeed, on the White House to-do
Crops

Co-Operative Contributions Measured By Research

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Anew research fund will examine the social, economic and environmental advantages that co-operatives provide to communities across the country in goods and services such as housing, child care, health care and financial services, Gary Goodyear, minister of state (science and technology), told Canadian Co-operative Association in Ottawa May 31. “This research project will look at
Opinion

Optical Illusions

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It’s pretty easy to get people all fired up these days. Just announce you’re going to rewrite the national anthem. Or axe the wheat board. Or publicly sanction a Crown corporation in the business of lending money to farmers for sending its employees on all-expense-paid trips to Disney World. Farm Credit Canada was in the
News

Be Wary Of Pension-Unlocking Schemes

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Mani tobans who hold locked-in registered retirement savings plans (RRSPs) should be cautious of schemes that promote unlocking of these funds, Labour and Immigration Minister Jennifer Howard, minister responsible for the Pension Commission of Manitoba, said last week. “Manitobans should be wary about potentially fraudulent schemes being offered for unlocking pension funds,” said Howard. “The
News

China To Boost Rural Support

China will increase agricul tural subs idies, investment and financial services to rural areas in an effort to spur development and boost domestic consumption, the Xinhua news agency reported Jan. 31. A document jointly issued by the State Council, China’s cabinet, and the Communist Party’s Central Committee said the measures aimed to “better co-ordinate” urban
News

Italian Farmers Set Up Holding Company For Trading

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Italian farmers have joined forces to set up a national holding company for trading in cereals and other agricultural business to overcome economic crisis together, executives of the new company said Oct. 16. The holding company, Consorzi Agrari d’Italia, unites 23 agricultural consortia representing nearly one-third of Italian farms. It accounts for 20 per cent
News

Recession Hurts Think-Tanks Too

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The George Morris Centre had a rough financial year, mainly because its investment portfolio sank with the recession to a low of $2.2 million. But treasurer Bob Hunsberger reported that it’s on the mend, that revenues and expenses in the balanced budget for the current fiscal year were on target during the first quarter and

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