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Grain Growers of Canada react to U.S. tariffs

GGC says tariffs put family-run farms, already under strain, at great risk

Canadian grain farmers warn of economic hardship from new US tariffs. The 25 per cent U.S. tariff threatens farm viability, increases American food costs and disrupts a $17B trade relationship.






Keith Currie.

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.

Parliament Hill, in Ottawa – Ontario, Canada. Photo: Ulysse Pixel

Producers welcome change to cash advance program 

After much lobbying, federal government increases interest-free portion of program to $250,000

The interest-free portion of the federal Advance Payments Program will be $250,000 this year, much to farmers’ relief. The amount had been set to drop back to $100,000 at the end of this month after sitting at $350,000 for 2023.