In case you have not been following the story very closely, the debate over biotech wheat is about to restart again. Cereal breeding in North America has been on the downtrend. The past three months have brought wheat breeding investments by Dow Agro, Monsanto and Bayer. These strategic moves are quite obviously being executed so that beneficial proprietary traits can be inserted into wheat genetics. As mentioned before on this site, many possibilities open up to the consumer and not just the farmer if biotech wheat is introduced. At the International Livestock Congress at the Calgary Stampede, Earl Geddes and I discussed the future direction of wheat breeding and how biotech wheat may lead us there.
Finance Minister Bill Morneau made a second announcement regarding changes to the Liberals' small business tax proposal on Wednesday, focusing on the passive investment income policy. He said the government will allow up to $50,000 in passive income in a year before higher tax rates kick in to provide flexibility for business owners who want…Read more »