Rising interest rates mean the federal government’s move to expand the interest-free portion of its advance payment program will save farmers — and cost government — more than originally expected. Last June, the government increased the interest-free amount that farmers can borrow through the cash advance program for 2022 and 2023 from $100 thousand to… Read More

Each year, Canadian Cattle Young Leaders (CYL) selects 16 program participants ages 18-35 from across the country and offers industry networking, travel, and skill building opportunities. A focal point of the program is matching participants with a hand-picked mentor in their specific area of interest in the Canadian beef industry for a nine-month mentorship experience…. Read More

The federal government is increasing the interest-free portion of its Advance Payments Program (APP) from $100,000 to $250,000 for 2022 and 2023. Agriculture Minister Marie-Claude Bibeau announced the change to the cash advance program on Thursday, June 23. Agriculture and Agri-Food Canada says eligible producers will save an average of $5,500 in interest costs over… Read More

Commodity prices this spring has made watching the markets an exciting part of nearly every day, especially for farmers who are anticipating a satisfactory yield and who are biding their time locking in prices. However, with many volatile factors contributing to those prices, experts are saying to weigh options carefully and take assurances where you… Read More

A Liberal election promise to expand and rename Farm Credit Canada has been cancelled, according to the federal agriculture minister. The party’s platform in the fall of 2019 included a promise to “merge existing financial and advisory services currently scattered between several agencies into Farm Credit Canada, whose mandate will be expanded and enhanced.” The… Read More

Amendments have recently been made to Saskatchewan’s Provincial Sales Tax (PST) exemptions which could positively affect farmers. The changes come after the government says they’ve discovered PST was being inconsistently applied to certain items including farming equipment. “The changes to the PST regulations will be more equitable, consistent and protect farmers against perceived ‘PST creep’… Read More

The enrolment deadline for the AgriStability program has been extended from April 30, 2022 to June 30, 2022, without penalty, the federal government says. The decision to extend was based on numerous uncertainties farmers are facing, including the recent onset of highly pathogenic avian flu across much of Canada, along with unprecedented pricing challenges and… Read More

 

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