Bill C-208, an act to amend the Income Tax Act, received royal assent in June of 2021. The act, which governs the rules and regulations regarding the transfer of agriculture businesses between family members, was applauded by many in the farming industry. Farm business advisors and accountants might be telling farmers and ranchers that changes... Read More
Category: Eastern Canada
Every selection tool shifts the weed spectrum, and that includes farmer-controlled decisions such as tillage, crop rotation, and seeding rate. It also includes non-farmer controlled selection tools, such as wet or dry weather cycles. To unpack what we can learn from shifting weed patterns, we go to Mike Cowbrough, weed specialist with the Ontario Ministry... Read More
Tyson Foods Inc. has announced plans to spend more than US$1.3 billion to increase automation in meat plants, over the next three years. Announced at Tyson Foods' virtual Investor Day, the productivity initiative aims to reduce labour costs and associated risks, and ultimately deliver cumulative savings — upwards of $450 million by fiscal year 2024.... Read More
Canadian trucking industry groups are warning the Canadian government that supply chain challenges will get worse unless there are changes to upcoming COVID-19 vaccination mandates. The Canadian Trucking Alliance (CTA) says it estimates that up to 22 thousand Canadian drivers will decide to leave the Canada-U.S. market when the Canadian government's planned cross-border vaccination mandate... Read More
What drives demand for sustainably grown soybeans? Is there a need for a sustainability program for Canadian grown soybeans and what would that look like? It's not just identity-preserved value chains that are seeing an increased demand for record keeping and assurances, says Brian Innes, executive director at Soy Canada. "What we're seeing is the... Read More
The lists of which MPs will sit on the House of Commons' committees for the session of Parliament that started last month were finally unveiled on Thursday. The 12-member Standing Committee on Agriculture and Agri-Food includes some returnees, as well as several new faces (denoted with *): Francis Drouin (Liberal, newly-appointed Parliamentary Secretary for Agriculture... Read More
Both of CNH Industrial's agriculture brands — Case IH and New Holland — have announced new partnerships with MacDon Industries that will see the Manitoba-based harvesting equipment manufacturer build co-branded draper headers for their respective combines. Case IH says the new line of draper headers for its Axial-Flow combines will be available to order from... Read More
Year-end financial statements aren't just for year-end reviews — especially if they happen months after the year-end. Realistically, if you're not reviewing the books until months later, the decisions being made in the present aren't fully informed by the reality of the business situation, says Lisa Miller, partner with MNP Agriculture, based at Edmonton, Alta.... Read More
Last weekend, Jenny Butcher and Wes Kuntz, of Brantford, Ont., were named one of two winners of Canada's Outstanding Young Farmers for the year. The honour is no surprise. The two have been farming together for 13 years, and in just the last six years, have managed to buy a property, expand their Jersey herd,... Read More
Bags of spuds were handed out to Canadian politicians and passers-by on Parliament Hill today in Ottawa, in an effort to bring awareness to P.E.I.'s potato industry and a recent government order that has stopped sales and exports out of the red soil province. On hand today was P.E.I. Premier Dennis King, potato industry representatives,... Read More