Insights and Stories on Farm Income

Net farm income down in 2022 despite high commodity prices: StatCan

May. 29, 2023 at 4:18 pm CDT

Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says. Realized net income is the difference between cash receipts and operating expenses, minus depreciation and plus income in kind. When cannabis is included, realized […]

Alberta poultry sector gets late entry for AgriStability

Feb. 2, 2023 at 5:59 am CST

By Dave Bedard

Farm cash receipts on the rise, StatCan shows

Nov. 28, 2022 at 2:35 pm CST

By MarketsFarm

Initial drought list ready for 2022 livestock tax deferrals

Aug. 30, 2022 at 7:49 pm CDT

By Dave Bedard

Former federal agriculture minister Bob Speller, 65

Dec. 18, 2021 at 12:05 am CST

By Dave Bedard

B.C. again waives ag income threshold for farm properties

Jun. 18, 2021 at 11:22 pm CDT

British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced that for the second year running, it will waive the minimum farm income thresholds normally required for B.C. properties to […]

By Dave Bedard

StatsCan shows 2020 farm income up significantly

May. 27, 2021 at 10:22 pm CDT

Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw […]

By Allan Dawson

USDA can steer farm aid money to fight climate change, Vilsack says

Feb. 2, 2021 at 7:25 pm CST

Reuters — The White House wants to tap a pool of funds from the U.S. Department of Agriculture’s Commodity Credit Corp. (CCC) to support on-farm efforts to fight climate change, Tom Vilsack, President Joe Biden’s nominee to run the USDA, said Tuesday. The Depression-era program of up to $30 billion […]

By Karl Plume

Former federal ag minister Don Mazankowski, 85

Oct. 28, 2020 at 7:30 pm CDT

A private memorial is planned for long-time Alberta MP Don Mazankowski, whose work in the cabinets of prime ministers Brian Mulroney and Joe Clark included a stint as Canada’s minister of agriculture. Mazankowski, the MP for the east-central Alberta riding of Vegreville from 1968 to 1993, died late Tuesday at […]

By Dave Bedard

Bibeau not considering closing AgriInvest accounts

Sep. 9, 2020 at 2:30 am CDT

Federal Agriculture Minister Marie-Claude Bibeau is not considering ordering producers to withdraw from their AgriInvest accounts. “Not in this way. All the options are on the table for the future, but I’ve never considered asking them to withdraw, to empty their accounts, to face COVID-19,” she said in an interview […]

By D.C. Fraser

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