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Gus Ternoey's Blog – February 2012 Archive (3)

My OMAFRA troubles and my advice to avoid them

Its never nice to hear of someone facing problems, but its useful to take advantage of the opportunity to avoid them yourself.  My opinion of OMAFRA is greatly tainted, but I am open minded enough to realize most problems could have been avoided.  

At issue is the loss of the farm tax rebate which holds municipal tax rates to, well, basically the equivalent of where they alway were.  Without the rebate, taxes quadruple.  As it stands today, my issue is only with the 2012 tax year.  So…

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Added by Gus Ternoey on February 24, 2012 at 4:01pm — No Comments

The enemy to new farmers - OMAFRA

It has been a very busy couple of weeks.  Making headway on rebuilding my grain header, want to get that out of the way so I can start on the tractors and tillage equipment.  So although I was beginning to feel like I was making progress, in steps OMAFRA.  My farm doesn't qualify for the farm tax rate.  In the past, my father had recieved an exemption from the FBR system for religious reasons.  Having taken the decision to join the system rather than appose/avoid it, i opened up a can of…

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Added by Gus Ternoey on February 21, 2012 at 2:45pm — 1 Comment

The Farmer - A more global view

Thanks to the insistence of my wife, this past week was spent in the luxury of a Caribbean resort in Jamaica.  But credit to a day long excursion to an inland coffee plantation I returned home with more than a tan.  In our high quality of life society it is sometimes easy to overlook that we are the worlds wealthy and the vast majority of people in this world can only dream of the lifestyles Canada's lowest paid get to live.  The farmers I saw didn't get the option to own their land, or even…

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Added by Gus Ternoey on February 10, 2012 at 2:46pm — 1 Comment

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

Hursh: Court documents reveal scope of Monette Farms' financial challenges

As reported on Wednesday, Monette Farms and its many affiliated companies have filed for creditor protection. The court document filed at Court of King's Bench in Calgary provides insight into the size and scope of Monette's operations and the extent of their financial difficulties. According to the court document, the Monette Group forms one of the largest private farming businesses in North America with operations in Alberta, Saskatchewan, Manitoba, B.C., and the states of Montana, Colorado and Arizona. The group owns approximately 274,000 acres of land and leases approximately 218,000 acres. It also has seed processing and produce storage facilities. The restructuring plan is debtor-in-possession financing, because the applicants are insolvent and don’t otherwise have the finances to seed a crop this spring. Monette did recently sell some farmland, most notably about 13,000 acres near Stewart Valley, Saskatchewan for $54 million. Subsequent activity resulted in two more sales t

Removal of non-tariff trade barrier for flaxseed to the EU reflects confidence in Canada’s agricultural exports

Canada is one of the world's largest producers and global exporters of flaxseed. Our high-quality products are enjoyed by millions of people around the world on a daily basis. May 1, 2026, will mark the official termination of the longstanding Sampling and testing protocol for Canadian flaxseed exported to the European Union (the Protocol). Removal of this non-tariff barrier, that has been in place since 2009, is a recognition of the safety, reliability and quality of Canadian agricultural and agri-food exports. This demonstrates the strength of the Canada-EU Strategic Partnership and a shared commitment to resolving long-standing trade irritants through cooperation and dialogue. In July 2009, trace amounts of an unauthorized genetically modified flaxseed called CDC Triffid was detected in a Europe-bound shipment, leading to the immediate and temporary cessation of flaxseed exports. Following the detection, AAFC worked diligently with the Canadian Grain Commission (CGC), industry par

Cereals Canada Releases "Securing Global Markets for Canadian Wheat" Report

Cereals Canada today released its new report, Securing Global Markets for Canadian Wheat, during a webinar that brought together farmers, researchers, plant breeders, and value chain partners from across the sector. The report outlines how targeted market development, technical engagement, and science-based policy advocacy are helping to protect, maintain, and grow global demand for Canadian wheat in an increasingly complex trade environment. Canadian wheat is exported to more than eighty international markets each year, with over twenty-eight million tonnes expected to ship globally in 2025–2026. Canada is the world's number one exporter of durum wheat and oats and is on track to be the third-largest wheat exporter overall, reinforcing the importance of diversified and stable international demand. The Securing Global Markets for Canadian Wheat report provides a snapshot of six international markets that were part of Cereals Canada's 2025 market development activities. These activiti

Monette Farms Seeks Court Protection as Mega-Farm Restructures Amid Financial Pressures

Monette Farms has entered court-supervised restructuring under the Companies’ Creditors Arrangement Act while continuing operations across Canada and the United States.

Removal of non-tariff trade barrier for flaxseed to the EU reflects confidence in Canada's agricultural exports

Canada is one of the world's largest producers and global exporters of flaxseed. Our high-quality products are enjoyed by millions of people around the world on a daily basis.

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