Bill C-208, which would amend the Income Tax Act for the transfers of small businesses, family farms, or fishing corporations, passed its third reading in the House of Commons on Wednesday, May 12, sending it to the Senate for approval. The private member’s bill, introduced by Manitoba Conservative MP Larry Maguire, would make it more affordable… Read More

While much of the attention around the federal budget release on Monday was focused on the billions of dollars in new spending and programs, the budget also includes a significant measure that will make it more attractive for incorporated farms to purchase certain types of capital, including tractors, trucks, and other farm machinery. The budget,… Read More

Alberta Wheat Commission (AWC) has announced that its FarmCash Advance Payments Program, previously only available in Alberta, will now be available to producers in British Columbia, Saskatchewan, and Manitoba, beginning March 15, 2021. FarmCash has provided Alberta producers of over 50 ag commodities — including major crops, livestock, and honey — with another option to… Read More

How do we recruit the next generation of agriculture employees? Reaching out and attracting new generations and talent into agriculture may be the next challenge facing our industry. Furthermore, as our society has evolved over the years, it seems that each new generation is further removed from agriculture. To explain some strategies to attract these… Read More

If you surround yourself with great people, you’ll do amazing things; and ultimately, an advisory group should take some of the stress out of making the right decisions when running a farm business. If anyone knows the value of incorporating an advisory group into their business, it’s Terry Aberhart. He farms 16,000 acres near Langenburg,… Read More

Conference season is upon us, and joining the virtual ranks of meetings is Farm Management Canada’s (FMC) Ag Excellence conference. The virtual space can provide a lot more opportunity both to virtual speakers, and to people who otherwise can’t physically make it. Joining RealAgriculture’s Bernard Tobin to discuss the core concepts of the event is… Read More

Around eight in every 10 Canadians support the broad idea of a one per cent tax on people who have more than $20 million in net assets, according to poll results published by Abacus Data this week. The survey results coincide with calls from certain politicians in Ottawa to move ahead with a so-called “wealth… Read More

John Deere has announced the acquisition of Harvest Profit, a farm profitability software company based in Fargo, North Dakota. The company, which has focused on helping farmers understand their crop production costs and revenue, was founded by Nick Horob in 2015. “Harvest Profit software helps farmers forecast and measure profitability on a field-by-field basis,” notes… Read More

The federal government has announced a last-minute extension to the application deadline for its Canada Emergency Business Account (CEBA) loan program, as well as hinted at future changes that could help more businesses — including farms — qualify for the small business loan. Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, on… Read More