Incorporated farms in provinces where the federal carbon tax is collected should receive a little more back on their tax return under the "Canada Carbon Rebate for Small Businesses" proposed in the federal budget last week. The federal government said it would "urgently" return more than $2.5 billion in accrued carbon tax revenue going back... Read More
Category: Farm Management
There may be a flurry of activity in several accountants' offices over the next 10 weeks as farm families grapple with how changes to the capital gains inclusion rate and exemption laid out in the latest federal budget may impact their succession planning. The government plans to increase the taxable portion of capital gains —... Read More
In March, under political pressure to do something about the housing crisis, the federal government announced changes to the amount of temporary residents that would be allowed in to Canada beginning May 1. On the surface, this may not seem to directly impact agriculture if farms and agri-businesses typically access the seasonal worker programs. However,... Read More
As Canadian Agricultural Safety Week concludes, the conversation around farm safety continues to be paramount. In this episode of the Farm Safety Roundup, hosted by Shaun Haney of RealAgriculture, Ryan Dick of Workplace Safety and Prevention Services sheds light on the crucial role of safety in agriculture. With a dual perspective as both a Health... Read More
The Canadian Veterinary Medical Association (CVMA) is calling on the federal government to invest in programs, projects, and veterinary infrastructure to mitigate a growing shortage in the veterinary workforce. The Employment and Social Development Canada’s (ESDC) Canadian Occupation Project System (COPS) shows that the labour market supply of veterinarians is in a structural supply deficit... Read More
GrainFox, a subsidiary of Farmlink Marketing Solutions, has announced its entry into the U.S. market via a partnership with Chicago-based market advisory firm AgResource. "We are thrilled to announce our partnership with AgResource as we expand into the U.S. market. This collaboration is a testament to our commitment to providing producers and agribusinesses with the... Read More
Canadian farmland values increased at a lower rate in 2023 compared to 2022, but still posted a double-digit average increase at 11.5 per cent. The national average was 12.8 per cent in 2022, according to the FCC Farmland Values Report. The highest average provincial increases in farmland values were observed in Saskatchewan, Quebec, Manitoba and... Read More
In agriculture, we love to hate on acronyms and buzzwords, but like many things that become a daily part of our lives, some words — and the topic they represent — are worth getting past the initial dislike and really diving in to what a particular idea or topic could mean for the farm business.... Read More
Canada added 40,000 jobs last month, but the unemployment rate actually climbed to 5.8%, since we're still adding more people than jobs to the economy. For those in the agriculture sector, we know all too well just how tight the labour market has been and will be going forward. On the national scope, the Canadian... Read More
Loralee Orr has been named as Canada Commercial Leader for Corteva Agriscience. Orr will remain based at Corteva’s Canadian head office at Calgary, Alberta, where she will lead the organization as it delivers a pipeline of new seed and crop protection solutions to Canadian farmers in the years ahead. Orr takes over from Jeremy Dirks,... Read More