Ontario Agriculture

The network for agriculture in Ontario, Canada

Question about dairy quota

Dairy is a complex issue of which I have an appreciation for.... but I am very curious about a matter and I would dearly love an answer to a question.


Who actually owns the dairy quota in Ontario?  Does the board own the quota or do farmers own the quota?



Views: 303

▶ Reply to This

Replies to This Discussion

Permalink Reply by Roadrunner on June 20, 2010 at 5:48am
Interesting question.....

Any lawyers who have read the legislation?

What do you think Joann?
Permalink Reply by Joann on June 20, 2010 at 10:43am
I hear so many different angles... I'm trying to find out how dairy quota is treated.

If you listen to the government, they will tell you that farmers never owned quota... that quota is property of the board.... and the boards are quasi-governmental agencies.

Is that true of dairy?

Do most farmers treat quota as a capital acquisition? And when he sells the quota, does he treat it as a capital disposition? To acquire or dispose of capital a bill of sale is necessary to be legally binding. What does that bill of sale say?

If the boards own the quota why are farmers treating quota as capital if he does "own" the quota?

What is the farmer buying and selling? Is it capital or goodwill?

The tax implications vary greatly between capital disposition or payment for goodwill. Is the government having it both ways? Saying they own the quota and then capturing capital gains?

Who really owns the quota? If the board owns the quota.... are farmers entitled to reclaim any overpayment of taxes?


Roadrunner said:
Interesting question.....
Any lawyers who have read the legislation?
What do you think Joann?

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

U.S.-Canada Trade War Escalates-How 50% Tariffs Could Impact American Farmers

A breakdown in U.S.-Canada trade negotiations has triggered new 50% tariffs and threatened one of agriculture's most important trading relationships. American farmers may soon feel the effects through higher costs, disrupted supply chains, and growing uncertainty in export markets.

U.S.-Canada Trade War Escalates: How 50% Tariffs Could Impact American Farmers

A breakdown in U.S.-Canada trade negotiations has triggered new 50% tariffs and threatened one of agriculture's most important trading relationships. American farmers may soon feel the effects through higher costs, disrupted supply chains, and growing uncertainty in export markets.

U.S.-Canada Trade War Escalates: How 50% Tariffs Could Impact American Farmers

A breakdown in U.S.-Canada trade negotiations has triggered new 50% tariffs and threatened one of agriculture's most important trading relationships. American farmers may soon feel the effects through higher costs, disrupted supply chains, and growing uncertainty in export markets.

Canadian Farmers Face Fresh Uncertainty After Canada-U.S. Trade Talks End Without Deal

The failure of Canada and the United States to reach a new trade agreement before the latest deadline has sparked concern across the agriculture sector

U.S. Opens Door to Additional Beef Imports in Bid to Lower Ground Beef Prices

U.S. has unveiled a temporary measure allowing additional imported beef into the United States without higher tariff penalties.

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service