Category: Eastern Canada

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 »

A possible win for farmers, another blow for Bill Morneau

This was probably not the scenario Bill Morneau envisioned when he decided to leave his Bay Street executive position and run for the Liberals in the 2015 federal election. The finance minister has quickly fallen from star candidate status to liability, as underlined by Prime Minister Trudeau’s awkward attempts to block reporters from questioning him… Read more »

Canada rejecting aggressive demands, while refusing to walk away from NAFTA talks

The tone surrounding NAFTA negotiations certainly turned during the fourth round of talks, which wrapped up Tuesday in Arlington, Virginia. Pessimistic or gloomy would be appropriate descriptors, definitely out of tune, even if you’re optimistic. After three rounds with little progress, U.S. negotiators came out swinging, tabling multiple ‘non-starters’ in the eyes of Canada and… Read more »

CFA calls federal tax announcement a “step in the right direction”

The federal government’s announcement that it will reduce the small business tax rate over the next two years and cancel plans for new restrictions to lifetime capital gains exemptions is “a positive sign,” according to the president of the Canadian Federation of Agriculture. Prime Minister Justin Trudeau, Finance Minister Bill Morneau and Small Business and… Read more »

Putting data in the hands of dairy operators

A new software platform from Valley Agricultural Software (VAS) gives dairy producers real-time access to critical data and reporting from anywhere with an internet or cellular connection. The California-based software company unveiled its new VAS Platform at the recent World Dairy Expo in Madison, Wisconsin. In this video, senior software developer James Moger explains that… Read more »

Good luck for grains — This week in the grain market

Usually Friday the 13th is an unlucky day. For grain prices though, Friday, October the 13th was a good omen. On Friday alone, Chicago soft red winter wheat gained 2.15%, oats gained 1.9%, and corn was up 1.05%. Oats was the big winner of the week, though, up 6.25%. This was followed by soybeans which… Read more »

New tractor sales running 16 percent ahead of last year

New tractor sales numbers in Canada continue to exceed last year’s levels, and sales activity in the U.S. The Association of Equipment Manufacturers has released its September flash report on new tractor and combine sales in Canada and the United States. In Canada, four-wheel-drive tractor sales were up almost 80 percent from September of last year,… Read more »

U.S. tables dairy proposal in NAFTA talks

The U.S. introduced its much-anticipated proposal regarding dairy during NAFTA negotiations on Friday, although it did not contain an explicit request for a percentage increase in market access into Canada. The American proposal was focused on changing Canada’s milk class system and increasing transparency in supply management. The proposal would reverse recent changes to Canada’s… Read more »

Four scenarios if Trump tries to pull out of NAFTA

The tone surrounding the negotiations to update NAFTA has taken a gloomy turn, especially for agriculture, with a growing consensus that there’s a real chance President Trump will try to follow through on his repeated threats to pull the U.S. out of NAFTA. Even Prime Minister Trudeau, after meeting with Trump on Wednesday, sounded like someone… Read more »

From the show ring to the tax file

What does the show ring at the World Dairy Expo in Madison, Wisconsin and Liberal tax proposals have in common? Depending on the day and the country, you’ll find 22-year-old Dennis Catt in the middle of both. Last week, Catt and his Ontario 4-H judging teammates eyeballed udders and contemplated cow confirmation as they competed… Read more »

Energy East pipeline cancellation an opportunity lost for rural Canada

Last week TransCanada Corp announced its withdrawal from the 1.1 million barrel per day Energy East pipeline project in Canada. The cancellation of this $15.7 billion project has created much unrest or satisfaction depending where you live in Canada. The pipeline’s concept was to take oil east for domestic use and exports abroad. The pipeline… Read more »

UFO with udder delivers milk to children — only in Japan

It can sometimes be difficult to figure out the meaning of a commercial. But not this Japanese milk commercial that was showcased on The Ellen Show. In North America, we’ve had milk moustaches, blue cows and spilled milk — our own approaches to and views on marketing milk — but you have to watch this Japanese… Read more »

Farmers Edge announces deal with Planet to deliver same-day satellite imagery

Farmers Edge has announced an exclusive arrangement with San Francisco-based aerospace and data company Planet to offer high-resolution, daily satellite imagery to farmers. With over 180 satellites orbiting Earth, Planet operates the world’s largest fleet of earth imaging satellites. Described as a “multi-million dollar, multi-year global distribution agreement,” Farmers Edge says it is now the… Read more »