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Tag Archives agriinvest

A trade war could be just as damaging to farmers as a drought, so business risk management programs should be adapted to reflect this, said Tyler McCann from the Canadian Agri-Food Policy Institute. | Getty Images
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Policy institute calls for open review of ag spending

It’s been 13 years since agricultural spending was reviewed, and some programs may no longer meet producer needs

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A full-scale review of Canadian agricultural spending should be a top priority in this time of global uncertainty, said a new report from the Canadian Agri-Food Policy Institute.
Federal Ag Minister Marie-Claude Bibeau (r) visits the Ag in Motion outdoor farm show near Langham, Sask. on July 20, 2022. (Greg Berg photo)

Ag ministers lock in next policy funding framework

AgriStability compensation rate to rise; new EGS program planned; some agmins decry feds' approach on fertilizer emission cuts

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The new federal-provincial ag policy funding framework due to take effect next April 1 will include a new ecological goods and services plan and a sweetened compensation rate for AgriStability. […] Read more
A national accounting firm says farmers should talk to their advisors about how they can best benefit from their assets. As well, taxation from AgriInvest doesn’t get enough attention.
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Getting the best bang for the AgriInvest buck

Proactive planning can save tax and help farmers improve their financial position

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Investing time in planning AgriInvest withdrawals can save taxes and help farmers build their cash flow and retirement funds for the future. But it’s a management opportunity that too many […] Read more
Manitoba Agriculture Minister Blaine Pedersen speaks at Ag Days in Brandon on Jan. 21, 2020. (Manitoba Co-operator file photo by Alexis Stockford)
Markets

AgriStability proposal could have hidden cost, Pedersen warns

Manitoba's ag minister warns Bibeau's plan may hurt crop insurance, AgriInvest funding

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Ottawa’s proposal for an improved AgriStability program could give farmers short-term gain for long-term pain, Manitoba’s agriculture minister Blaine Pedersen warns. At the online federal-provincial-territorial agriculture ministers’ meeting on Friday, […] Read more
Producer groups say the billion-dollar figure amounts are misleading and that individual account amounts are insignificant.
News

Money in AgriInvest accounts ‘disappointing’: Bibeau

Minister continues to advocate that the ‘first line’ money needs to be spent

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Glacier FarmMedia – Agriculture and Agri-Food Minister Marie-Claude Bibeau maintains farmers who need cash should first look to any available money sitting in AgriInvest accounts “The last numbers I’ve seen […] Read more
More startling was the number of accounts with a balance of zero — 10,888 — and the number with less than $10,000 in them — 62,332.
News

Most AgriInvest accounts less than $10,000

Farm groups say the federal data discredits argument that aid must wait until producers use up program money

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Glacier FarmMedia – Data sent to the House of Commons agriculture committee shows that most AgriInvest accounts hold less than $10,000 each. Only a small percentage of accounts contain $100,000 […] Read more
(Photo courtesy Canada Beef Inc.)
Markets

No timeline yet set for BRM reforms

Changes put on hold along with ministers' meeting

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Ottawa — Federal Agriculture Minister Marie-Claude Bibeau has confirmed any reforms to business risk management (BRM) programs are being delayed. That confirmation came during a wide-ranging media availability Bibeau held […] Read more