Ontario Agriculture

The network for agriculture in Ontario, Canada

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: 191

Reply to This

Replies to This Discussion

Interesting question.....

Any lawyers who have read the legislation?

What do you think Joann?
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

Canola group demands Ottawa 'consider all available options' in China seed dispute

China's refusal thus far to accept a Canadian delegation to work out a solution to an ongoing canola seed trade dispute that's left farmers and exporters scrambling calls for more urgent action from Ottawa, says an industry group.

Ontario Field Crop Report – Week of April 15th, 2019

To date, very little field activity due to cool, wet spring so far this season. Most areas received significant rain this past weekend, resulting in saturated soils and ponding in fields (Figure 1) and in a few spots some soil erosion. Overall temperatures have been too cold to stimulate new growth on the winter wheat or alfalfa yet.

Minister's Statement on Agricorp Chair Appointment

Ernie Hardeman, Ontario's Minister of Agriculture, Food and Rural Affairs, issued the following statement:

Ontario Takes The Federal Carbon Tax to Court

Ontario is protecting what matters most and standing up for the people by taking the next step in opposing the federal government's unconstitutional carbon tax, which threatens Ontario jobs and makes life less affordable for families, students, seniors and communities.

Ontario Protecting Security of the People by Opposing the Carbon Tax

Ontario is protecting what matters most by fighting increased costs to community safety services caused by the imposition of a burdensome federal carbon tax. Rod Phillips, Minister of the Environment, Conservation and Parks, and Solicitor General Sylvia Jones were at the Ontario Provincial Police (OPP) Port Credit detachment today to talk about how the federal government's carbon tax will impact local correctional facilities and OPP detachments.

© 2019   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service