Canadian agriculture leaders are voicing major frustration and concern about the Trump administration's implementation of 25 per cent tariffs on exports from Canada. In response, the Canadian government has released a list of $30 billion worth of imports from the U.S., including many agricultural goods, that will face retaliatory 25 per cent tariffs starting on... Read More
Category: Canadian Agricultural Policy
U.S. President Donald Trump has followed through on his threat to impose 25 per cent tariffs on imports from Canada and Mexico. Trump signed an executive order on Saturday afternoon to establish 25 per cent across-the-board tariffs on Canada, with a lower 10 per cent carve-out for Canadian natural gas, oil and electricity. The tariffs... Read More
The federal government has partially changed its mind and is deferring the increase to the capital gains tax inclusion rate that took effect last June. Finance Minister Dominic LeBlanc announced on Friday that the implementation date of the inclusion rate increase from one-half to two-thirds will be delayed from June 25, 2024 to January 1,... Read More
There's been no avoiding the talk of tariffs in the weeks leading up to the inauguration of President Trump and his subsequent pledge to implement 25 per cent tariffs on Canada and Mexico on February 1st. New data from RealAgristudies confirms and quantifies the level of concern in Canada's agriculture sector. The results are based... Read More
When it comes to the geopolitical implications of this second Trump presidency, perhaps no one could have predicted the shift from protectionist to imperialist—but here we are, says Jacob Shapiro with Cognitive Investments. Shapiro says that not since 35th president William McKinley has the U.S. seen a president so keen on "taking" places the U.S.... Read More
The Canadian government's plan to inject another $300 million into its On-Farm Climate Action Fund (OFCAF) over the next three years is drawing sharp criticism from the chair of the Wheat Growers Association. On Tuesday, Agriculture Minister Lawrence MacAulay formally announced the commitment to continue paying farmers an incentive to implement on-farm practices around cover... Read More
The federal government's On-Farm Climate Action Fund (OFCAF) is poised to run for at least another three years with $300 million in federal funding. While the dollar amount was previously known, Agriculture Minister Lawrence MacAulay formally announced the funding for the OFCAF initiative through 2027-28 on Tuesday. The fund, along with other Agriculture and Agri-Food... Read More
National organizations representing Canadian farmers and ranchers are calling on the federal government to reverse its decision to administer changes to the capital gains tax that were announced in the federal budget last year. The Canadian Canola Growers Association, Canadian Cattle Association, and Grain Growers of Canada issued a statement last week to say the... Read More
Update: Speaking to reporters in the Oval Office after the inauguration ceremony on Monday, President Trump said his administration is looking at putting 25 per cent tariffs on Canada and Mexico beginning February 1st. “We’re thinking in terms of 25 per cent on Mexico and Canada...I think February 1st...on each.” Donald J. Trump was sworn... Read More
Keystone Agricultural Producers (KAP) has announced the hiring of a new general manager. "Following an extensive recruiting process, I am pleased to announce that our board of directors has selected Colin Hornby as the new general manager of KAP," says KAP president and Portage, Man.-area farmer Jill Verwey, in a Jan. 20 news release. Hornby... Read More