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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

Alberta producers have until Sept. 30 to file 2025 AgriInvest information

Alberta producers who have not yet filed their 2025 AgriInvest information have until Sept. 30, 2026, to do so. To participate in the 2025 program year, producers must submit their 2025 AgriInvest form and farm income tax information. While the original deadline was June 30, late applications are still accepted. However, the maximum matchable deposit is reduced by five per cent for each month, or part of a month, that required information is submitted after the deadline. AgriInvest helps producers manage small income declines and invest in their operations. Producers can make deposits based on their allowable net sales and receive matching government contributions. Individuals and partnerships submit Form T1163 through the Canada Revenue Agency as part of their farm income tax return. Corporations must complete an Alberta Statement A marked “AgriInvest Only” and submit to to Agriculture Financial Services Corporation (AFSC), which forwards the information to the federal AgriInvest a

Trade Update: Tariffs Impacts on Agriculture Equipment

Our national partners at the Canadian Canola Growers Association are closely following the developments on trade between Canada and the U.S. to understand impacts to canola farmers. Canadian canola seed, canola oil and canola meal continue to have tariff-free access to the U.S. market. Effective September 8, the Government of Canada imposed counter-tariffs on $27.6 billion in U.S. goods. Some agriculture equipment parts used in harvesting, threshing and haying; cutting bars for hay and forages; and mowers have been included in the counter-tariff list with tariffs ranging from 15 and 25 percent. Although these products are subject to tariffs, a remission process is in place to prevent the additional costs from being passed on to farmers. CCGA will continue to monitor all outcomes and will update our Current Issues page as necessary. If farmers experience any significant changes to prices or access to products resulting from tariffs, please reach out to our team by email at policy@ccg

FCC invites expressions of interest with new Agri-food Project Finance initiative

FCC invites expressions of interest with new Agri-food Project Finance initiative

Explore What Makes Listowel Gardens Apartments Stand Out

Explore What Makes Listowel Gardens Apartments Stand Out

Comparing diesel prices for global farmers

Farmers in Hong Kong are paying the most for diesel

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