As expected by a majority of analysts, the Bank of Canada lowered the overnight rate by twenty-five basis points. It's the first rate cut in four years. For farmers with floating or variable rate loans, this will be welcome news. “With further and more sustained evidence underlying inflation is easing, monetary policy no longer needs... Read More
Category: News
Whether we're talking imports of electric vehicles or pea protein, or promises made ahead of upcoming elections, tariffs are back in the spotlight in many Western countries, including the U.S. The Biden government's decision to impose high tariffs on Chinese-made EVs is in line with past decisions that were made by the Trump administration, while... Read More
Over nine thousand workers with the Canada Border Services Agency (CBSA) will be in a legal position to go on strike as of Thursday, June 6. The border workers, who are members of the Public Service Alliance of Canada, have been without a contract since June 2022. CBSA says the border will remain open if... Read More
Grade 7 to 12 teachers and students can learn about farming in Canada through the new edition of the Real Dirt on Farming in the Classroom e-learning resource launched May 22. Developed by Agriculture in the Classroom Canada (AITC-C) and Farm & Food Care (FFC), this resource provides students the opportunity to explore key topics... Read More
Two John Deere dealers in Alberta have announced plans to merge their operations under a new banner next month. Martin Deerline and Agland plan to combine their businesses under the new name "Horizon Ag and Turf," effective July 31, 2024, pending all necessary approvals. Founded in 1965, Martin Deerline has 10 locations across the province:... Read More
There are plenty of active agriculture-related files on Parliament Hill heading into the final three weeks of the spring session, including carbon pricing policy, capital gains tax changes, HPAI in dairy cattle, funding for 4-H, and the implementation of a Grocery Code of Conduct. The Conservative Party's shadow minister of agriculture and deputy chair of... Read More
10 national farm and commodity organizations are raising concerns about the federal government's plan to increase the capital gains tax inclusion rate and related tax policy changes that were announced in the 2024 budget last month. The organizations, including the Canadian Federation of Agriculture, Canadian Canola Growers Association, Canadian Cattle Association and Grain Growers of... Read More
Federal Agriculture Minister Lawrence MacAulay has announced just over $8 million in funding for small acreage crop research under the five-year Sustainable Canadian Agricultural Partnership framework. The new Diverse Field Crops Cluster will focus on crops mainly grown in Western Canada, including camelina, carinata, flax, mustard, and sunflowers, and will be administered by Ag-West Bio... Read More
The draft 2023 Farm Bill passed by the Republican-led U.S. House of Representatives Agriculture Committee last week is facing an uphill battle to gain approval from enough Democrat lawmakers ahead of a looming September 30th deadline on the extension of the 2018 Farm Bill. The House committee bill would increase support for farm commodity programs,... Read More
Nearly a thousand workers at Cargill's Dunlop beef processing facility at Guelph, Ont. are on strike, as of 12:01am on Monday, May 27, according to their union. The workers, who are members of the United Food and Commercial Workers (UFCW) Local 175, voted against a negotiated settlement on Sunday. The union says it has raised... Read More