Commodity prices this spring has made watching the markets an exciting part of nearly every day, especially for farmers who are anticipating a satisfactory yield and who are biding their time locking in prices. However, with many volatile factors contributing to those prices, experts are saying to weigh options carefully and take assurances where you… Read More

A Liberal election promise to expand and rename Farm Credit Canada has been cancelled, according to the federal agriculture minister. The party’s platform in the fall of 2019 included a promise to “merge existing financial and advisory services currently scattered between several agencies into Farm Credit Canada, whose mandate will be expanded and enhanced.” The… Read More

Amendments have recently been made to Saskatchewan’s Provincial Sales Tax (PST) exemptions which could positively affect farmers. The changes come after the government says they’ve discovered PST was being inconsistently applied to certain items including farming equipment. “The changes to the PST regulations will be more equitable, consistent and protect farmers against perceived ‘PST creep’… Read More

The enrolment deadline for the AgriStability program has been extended from April 30, 2022 to June 30, 2022, without penalty, the federal government says. The decision to extend was based on numerous uncertainties farmers are facing, including the recent onset of highly pathogenic avian flu across much of Canada, along with unprecedented pricing challenges and… Read More

The federal government is planning to boost funding for environmental programs through Agriculture and Agri-Food Canada in the 2022 budget introduced on April 7. While the budget contains projections of a $52.8 billion deficit and national debt totalling $1.2 trillion at the end of 2022-23, the $452.3 billion spending plan and Finance Minister Chrystia Freeland’s… Read More

Federal Agriculture Minister Marie-Claude Bibeau has announced a change to the Advance Payments Program (APP) that aims to help producers finance record high input costs heading into the 2022 planting season. The federal government is temporarily waiving the requirement that cash advances issued prior to seeding be disbursed in two instalments — 60 per cent up… Read More

 

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