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: 257

▶ 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

Avian Flu Back In Western Canada

Avian flu is making the rounds again in Western Canada. The Canadian Food Inspection Agency says new cases have popped up in Chilliwack, Abbotsford, and Salmon Arm in B.C., and in Ponoka County here in Alberta. That brings Alberta’s total to nine commercial flocks hit this year, with more under investigation near Strathcona and Leduc. Saskatchewan’s first outbreak of the season showed up in Humboldt last month. Officials blame fall migration for spreading the virus and are urging poultry producers to lock down biosecurity. Meanwhile, an update from an animal sanctuary in BC’s interior. The sanctuary near Summerland is reeling from what staff call a devastating outbreak of avian influenza. Critteraid says its farm has been closed since late October after a positive case of H5N1. The virus was confirmed after several birds, including a rooster named Delta, died suddenly. In total, more than a dozen chickens and five ducks were lost—some euthanized for safety. Interior Health is doing co

Weekly Weather Summary

Iowa Secretary of Agriculture Mike Naig commented on the Iowa Department of Agriculture and Land Stewardship’s weekly weather summary released today. Information from the Iowa Crop Progress and Condition Report, which is released weekly by the United States Department of Agriculture National Agricultural Statistics Service from April through November, was not available due to the federal government shutdown. “Based on my observations while traveling around the state and the conversations I’m having with farmers, harvest appears to be nearly complete. That’s in line with the five-year average, which shows Iowa typically has about 98% of soybeans and 91% of corn harvested by mid-November,” said Secretary Naig. “There was a notable weather shift over the weekend as many parts of the state received the first snowfall of the season and snow blanketed much of northwest Iowa. Temperatures fell into the teens and low 20s across much of the state, marking the official end of the growing season

Secretary Naig Requests Nominations for Renewable Fuels Marketing Awards

Iowa Secretary of Agriculture Mike Naig today invited Iowans to nominate fuel marketers and gas stations in their communities for the Renewable Fuels Marketing Awards. The Secretary’s annual awards recognize retailers that go above and beyond in their efforts to promote homegrown, renewable fuels and use innovative marketing strategies to showcase the availability and affordability of higher biofuel blends at their locations. “American-made biofuels like ethanol and biodiesel save Iowans money at the pump, give consumers more choice, and increase the value of Iowa-grown corn and soybeans,” said Secretary Naig. “These homegrown fuels power our state forward. They support Iowa’s ag economy, create good jobs in rural communities, and keep more dollars right here at home. Please help recognize a deserving gas station or fuel retailer by nominating them for this award.” Retailers receiving strongest consideration for the award will be those who market renewable fuels in innovative and cr

Case IH AI tool helps with technician efficiency

case ih ai tech assisant,dan mattson case ih,case ih technicians

Snowfall Puts Brakes on Ontario Corn Harvest

The Ontario corn harvest has been halted or delayed because of the first major snowfall of the season earlier this week, according to the latest weekly update from Grain Farmers of Ontario on Thursday. 

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service