RealAg Radio, Oct 18: Reactions to tax tweaks and NAFTA woes

With all the talk around the recent North America Free Trade Agreement (NAFTA) negotiations, there’s a lot of talk around how the Canadian agriculture industry might never be on the same page. Host Shaun Haney disputes this in his introduction, suggesting we have far more in common than not. Also in today’s episode: Top Ag… Read more »

What does BASF’s acquisition of Liberty and InVigor business mean for Canada?

It’s the spinoff that many people in the North American ag market have been waiting for. In Bayer’s conquest of Monsanto, the concentration of trait and variety market share in crops like cotton and canola was deemed to be unfair for a competitive balance. Given Bayer’s strong presence in the Canadian canola seed market, the… Read more »

Gay Lea Foods heads further west with acquisition of Alberta Cheese

Ontario-based Gay Lea Foods Co-operative Limited announced it’s agreement to acquire the shares of Alberta Cheese Company Ltd. this week, effective October 13, 2017. Alberta Cheese was founded in 1976 by Frank Talarico, and remained in the family name for fourty years. “Today’s announcement represents an exciting next chapter for Alberta Cheese, as my family’s… Read more »

Extreme winds wreak havoc across southern prairies

Extreme winds caused fires to burn out of control, destroying several farmyards and prompting evacuations in multiple communities in southern Alberta and Saskatchewan on Tuesday and into Wednesday. There was also tragedy, as a volunteer firefighter died fighting a wildfire near Hilda, AB. Cypress County confirmed James Hargrave of the Walsh Fire Department died in… Read more »

Big plans for Ontario hazelnuts

Both the federal and Ontario governments are betting on the future of the province’s fledgling hazelnut industry. Last week, both levels of government announced support for the industry, which plans to have 25,000 acres of hazelnut trees in the province by 2027. Ontario Hazelnut Association project coordinator Andrew Nixon notes that the Ontario industry traces… Read more »

Liberals announce $50,000 threshold on passive investment income

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 »

On NAFTA: the U.S. is not negotiating, it’s making demands

As round four of the NAFTA talks comes to a close, you have to wonder why it took the U.S. this long to finally come around to the stiff demands laid out in round four. From auto to dairy, the U.S. provided a list of demands that Canada and Mexico have described as unacceptable, and,… Read more »