Business Management
Spring planting is only weeks away, and with it comes many expected as well as a few unexpected operating expenses. From crop inputs, fuel, wages and repairs, to small asset purchases, a Cash Advance from CCGA offers farmers financing below prime. Whether you grow a mix of field crops, or…
While the proposed tax amendments will affect all private corporations, several of them will significantly impact tax planning for family farm corporations – an estimated 25 per cent of Canadian farms, according to Norm Hall, a producer in Saskatchewan and first vice-president of the Canadian Federation of Agriculture.
Trimble has released Advisor Prime, a web-based data-sharing solution featuring a streamlined workflow for creating and sharing management zones and variable rate prescriptions.
Farmers can now submit their cash advance applications for the 2018-19 Advance Payments Program through the Canadian Canola Growers Association (CCGA). This year, CCGA is providing farmers with the earliest ever pre-application period as well as a reduced administration fee.Through CCGA, farmers can access advances on 45 field crop and…
The 28th Annual General Meeting of the Alberta Canola Producers Commission was held January 30 at the FarmTech Conference in Edmonton. Following the Annual General Meeting, the board elected Renn Breitkreuz from Onoway as the new chair, and John Guelly of Westlock as the new vice-chair.Alberta Canola is pleased to…
Farm Management Canada (FMC), the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA), and the PEI Department of Agriculture and Fisheries (PEIDAF) are pleased to announce the recent launch of the Growing Your Farm Profits (GYFP): Planning for Business Success Online Farm Business Self-Assessment Tool. This tool will provide…
A new guidebook has been issued to help farmers, fishermen, aquaculture producers, and other local food and beverage producers promote and market their products online.The Social Media Toolkit: A Guide for farmers, fishermen and producers of New Brunswick was released during the annual meeting of the Agricultural Alliance of New…
The Seasonal Agricultural Worker Programs (SAWP) is a model to governments and agricultural organizations around the world, providing Ontario fruit and vegetable growers a vital source of supplementary labour.Not only does the 51-year-old program benefit farmers and Canada’s economy, but also it gives the seasonal workers well-paying employment, benefits and…
The Canadian Federation of Agriculture (CFA) is pleased to see that Finance Canada has considered the feedback contributed by CFA and other farm groups with regard to the Tax Fairness proposals, and has proposed changes that have addressed a number of the key concerns identified by Canadian farm businesses.Since the…
Colin Penner teaches farm business management at the University of Manitoba. Earlier this fall, while his family was taking off another crop of wheat, oats, canola and soybeans near Elm Creek, Man., he was beginning his fourth year of instruction.
The latest calculator was released in January and is an update on a tool called CROPPLAN Financial Analysis. It was designed by two farm management specialists from Manitoba, Roy Arnott of Killarney and Darren Bond of Teulon.
With large dollars and major tax implications hanging in the balance, farmers need to take the time to carefully weigh financing options for any and every acquisition of farm equipment. Whether you should lease or buy your next major farm purchase cannot be answered with a one-size-fits-all set of rules,…
Delivering grain soon? Reduce your risk of not getting paid by following these recommendations.Before you make a grain delivery, make sure you're delivering grain to a company licensed by the Canadian Grain Commission. As part of its mandate to work in the interests of grain producers, the Canadian Grain Commission…
A cash advance from the Canadian Canola Growers Association (CCGA) gives farmers more control to market their crops and livestock when the time and price is best.
The amount of debt Canadian farmers collectively carried relative to the value of their assets increased in 2016 for the first time since 2009, putting operators at heightened risk of going out of business should the next two or three years treat them poorly.Further, roughly 70 per cent of farm…
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