Establishing a seed grade can be a frustrating process at times, especially at point of sale. If a seed lot is on the edge, there is a lot riding on what grade it ends up making. If the crop is graded on site, there can be a lot of areas where doubt can arise as to the grading process. How representative was the sample? How good is the grader? If you have no information on that seed yourself, you have no point of reference and essentially no leg to stand on. Knowing the quality of what your bringing to market levels the playing field when you go to sell your grain.
The federal government thinks too many Canadians are using private corporations as tax-advantaged personal savings accounts, and so it's proposing having much higher tax rates apply to income that comes from investments made within a company. For an incorporated farm business, this "passive" investment income might include returns from GICs, mutual funds, stocks, bonds, or…Read more »