This is part one of a five-part series on avoiding unnecessary U.S. taxes. The United States has be-come an attractive outlet for direct grain sales by many Canadian producers since the dissolution of the Canadian Wheat Board’s single desk trading monopoly. U.S.-based grain traders are soliciting new business in Canada, and some are also investing […] Read more
Tag Archives Ag Finance
New rules, new tax pitfalls on selling grain in the U.S.
U.S. asks for arbitration on COOL damages
The United States has decided to ask the world trade organization for arbitration over the amount of damages Canada claims has been caused by mandatory country or origin labelling. Canada asked the WTO to impose retaliatory tariffs of more than $3 billion annually on key U.S. exports due to damages caused by COOL. “Canada is […] Read more
Flax prepares to take on cotton
Building processing plant | Focus switches from hemp in Saskatchewan to flax in South Carolina
A company that once intended to build a Saskatchewan processing plant to turn hemp into clothing fibre is heading to market using a different crop in a different geography. Naturally Advanced Technologies Inc. (NAT) has signed commercialization agreements for its Crailar Flax Fiber with major clothing manufacturers and retailers. The company recently completed its final […] Read moreAlberta’srat control nets results
Norway rats can be confused with gophers or muskrats.
The battle against rats in Alberta, which had considered itself rat free, continues in Medicine Hat and environs. As of Aug. 29, 146 rats had been exterminated, 111 of them in the regional landfill, 18 in the City of Medicine Hat and 17 in the surrounding Cypress County. Medicine Hat and Alberta Agriculture news releases […] Read moreNDP seeks ways to re-establish roots in West
2013 national convention | Party to present winning strategies for retrieving western votes
When federal New Democrats gather next year at a national convention, they will be presented with a proposal on how to re-win the West, says an MP involved in the project. Niki Ashton, MP for the northern Manitoba riding of Churchill and one of only three prairie NDP MPs, said Aug. 30 that party activists […] Read morePotash mining best left to those who know best
I hate being on holidays when really interesting news breaks. It happens remarkably often. In 2003, for example, it was BSE, which really blew my mind. This time, it was potash. This time, though, the announcements did not blow my mind. You may recall that Vale SA, the massive Brazilian mining company, postponed and is […] Read more
The cost of doing business in agriculture
Some Ontario farmers, like their colleagues across parts of North America, are bracing for meagre returns on their investments this growing season. Crops have dried up and failed to mature in many parts of the province. Drought has destroyed early spring’s promise of a good year and farmers will begin the struggle to cover […] Read more
Big money in producers’ astute marketing
Consider two farms with the same acreage and the same yields. One has a gross return of $750,000 for the year, while the other easily tops $1 million. That’s the difference marketing can make. The additional revenue probably came with little or no additional cost, making a huge difference in profitability between the two operations. […] Read more
Buhler posts profit
Tractor and equipment maker Buhler Industries posted third quarter profit of $6.8 million, up 48 percent from last year at the same time and a record for the quarter. Revenue climbed 24 percent to $95.8 million, also a record. The Winnipeg company reported increased sales at home and overseas.
Dealing with depression
Q: I think that my husband is depressed, but he will not admit it and refuses to see a doctor to do something about it. Instead, he continues to pace up and down the living room floor almost nightly. He eats barely enough to keep a chicken alive and he spends hours during the day […] Read more
