Farmers and fishing businesses will save a projected $50 million in taxes over the next five years thanks to another increase to the Lifetime Capital Gains exemption announced in the federal budget this week. The exemption, which helps farmers reduce their tax burden when transferring ownership of farm assets, has been raised to $1 million for next year,… Read More
Category: News
Statistics Canada published its annual pre-seeding acreage estimates on Thursday morning. As expected, the planting intentions survey showed Canadian farmers plan to seed more wheat, oats and barley and less canola and soybeans than in 2014 (see chart.) There were some surprises in the report, as the canola acreage projection of 19.4 million acres was almost… Read More
Two major players in the livestock health and nutrition business could soon be on the same team, as Alltech has entered an agreement to acquire Ridley Inc. for C$521 million. “This transformative transaction that combines two industry leaders allows Alltech to deliver better performance and value to livestock and poultry producers across the globe,” said Dr…. Read More
Trimble has bought HarvestMark, a food traceability and quality inspection company. HarvestMark collects information on food movement and sales, with an eye to food safety tracking and supply chain management. The acquisition of HarvestMark “further enhances” Trimble’s position in agriculture and transportation and logistics within the food supply chain, the company says. The addition of… Read More
Ontario is creating a new Beijing-based agri-food trade advisor position with a goal of further expanding Ontario’s agri-food sector reach into the Chinese market. The new in-market trade advisor will be a seasoned food industry professional with business experience in global markets, says the Ontario government. Funding for the position is through Growing Foward 2. Currently,… Read More
Cargill is celebrating its 150th anniversary in 2015, and has launched the “Together We Thrive” contest for rural and farming communities. The Together We Thrive contest will award six grants of $25,000 to community organizations in one each of Ontario, Manitoba, North Saskatchewan, South Saskatchewan, Alberta and the Peace Region that share one of Cargill’s… Read More
The Canadian Forage & Grassland Association (CFGA) has named Cedric MacLeod, of Fredericton, New Brunswick, as the group’s executive director, effective June, 2015. “(Cedric) brings a strong background in forages, and experience working in organizations to successfully advance their goals and agendas. We look forward to his leadership as we promote the forage and grassland industry and… Read More
Update, April 22, 2015: The CFIA has confirmed the subtype and strain of the virus on the second infected farm is the highly pathogenic H5N2 avian influenza. The farm is located outside the 10-km-radius control zone around the original infected farm near Woodstock. CFIA has established a second Avian Influenza Control Zone around this second farm… Read More
Ontario’s 2015 Agri-Food Trade Mission to China (happening this week) is yielding a new business agreement for one of the province’s most iconic edible exports, maple syrup and maple products, says the government of Ontario. Agriculture minister Jeff Leal and minister of international trade Michael Chan recently met with representatives from Ontario’s Futurevic Global Sourcing… Read More
The 4th annual Canadian Dairy Xpo will be held the first week of April, 2016, a departure from the early February date of the first three iterations of the Stratford, Ont., show. The Stratford Rotary Complex venue will host the Xpo Wednesday April 6th and Thursday April 7th, 2016, the show organizers say. Check out… Read More