Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from […] Read more
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Tag Archives farm income
Initial drought list ready for 2022 livestock tax deferrals
Much of Manitoba, southern Alberta designated for 2022
Former federal agriculture minister Bob Speller, 65
Ontario MP served in Paul Martin's cabinet
A memorial will be held next week for Bob Speller, the Ontario businessman who served as Canada’s agriculture minister in the thick of the country’s BSE crisis. Speller, the MP […] Read more
Farm revenue reaches record levels
Ontario fares well but drought could decrease value of year-end receipts nationally
Glacier FarmMedia – Canada’s agricultural producers enjoyed record revenues in the first six months of 2021, thanks to high commodity prices, brisk sales and strong global demand for agricultural products. […] Read more
U.S. pegs farm income at eight-year high amid strong corn, soy prices
U.S. farmers’ net income is projected to jump 19.5 per cent this year to an eight-year high of $113 billion, the U.S. Department of Agriculture said on Sept. 2 in a sharp […] Read more
B.C. again waives ag income threshold for farm properties
Some farms otherwise risked property tax reclassification
British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced […] Read more
StatsCan shows 2020 farm income up significantly
Farm cash receipts were up more than expenses
Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up […] Read more
USDA can steer farm aid money to fight climate change, Vilsack says
Reuters — The White House wants to tap a pool of funds from the U.S. Department of Agriculture’s Commodity Credit Corp. (CCC) to support on-farm efforts to fight climate change, […] Read more
Former federal ag minister Don Mazankowski, 85
Long-time Alberta Tory MP deemed a 'minister of everything'
A private memorial is planned for long-time Alberta MP Don Mazankowski, whose work in the cabinets of prime ministers Brian Mulroney and Joe Clark included a stint as Canada’s minister […] Read more
Bibeau not considering closing AgriInvest accounts
Minister wouldn't order farmers to pull funds
Federal Agriculture Minister Marie-Claude Bibeau is not considering ordering producers to withdraw from their AgriInvest accounts. “Not in this way. All the options are on the table for the future, […] Read more
India’s levy cut on lentils part of balancing act
Global markets had zero or little forewarning of decision
MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a […] Read more
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