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: 243

▶ 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

Need to be Actively Engaged in Communicating With the Public Recognised

The Executive Director of Farm and Food Care Saskatchewan says there is growing recognition among those involved in agriculture of the need to be actively engaged in communicating with the public. Formed in 2014 to engage with consumers and ensure those interested in how their food is produced have a truthful verifiable way to get that information, Farm and Food Care Saskatchewan has seen a doubling of its support over the past eight years. Farm and Food Care Saskatchewan Executive Director Clinton Monchuk says in the past there was typically a connection between those in urban centers through a relative or friend to agriculture but those links no longer exist. Quote-Clinton Monchuk-Farm and Food Care Saskatchewan: There's only 1.6 percent of the population now that's actively engaged in primary production. What that means is, when people have questions about the use of herbicides or antibiotics, they'll go onto social media or go onto a google search and not always that first respo

Nominations open for Ontario Fruit and Vegetable Growers Association Award of Merit

Nominations are now open for the annual Ontario Fruit and Vegetable Growers Association Award of Merit.

Regenerative agriculture 101: Is it right for your operation?

Regenerative agriculture is a term we often hear, but what exactly it means and how it applies to our farm can be subjective. There are, however, core characteristics that cut across individual interpretations of regenerative agriculture.

Labour market trends in food and beverage manufacturing

While the labour market eased somewhat in 2024, that’s not to say the food and beverage manufacturing sector’s labour challenge has diminished.

SHIC Domestic Swine Disease Monitoring Expanded and Extended

The Swine Health Information Center has added E. coli monitoring to its monthly Domestic Swine Disease Monitoring Report and extended its commitment to the report through September 2025.

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service