In January of this year, the Rural Municipalities of Alberta revealed energy companies owe a total of $173 million in unpaid municipal property taxes on wellsites. This added to the growing frustration of rural landowners over rental payment problems. Some have received requests from oil and gas companies to cut payments, while others have had compensation reduced by up to 50 per cent or halted completely without notice.
BY IAN DOIG • PHOTOS COURTESY OF UNIVERSITY OF MANITOBA PRESS A senior scholar at the University of Manitoba’s Asper School of Business, Paul D. Earl is the author of The Rise and Fall of United Grain Growers: Cooperatives, Market Regulation, and Free Enterprise. His extensive industry experience includes having worked for United Grain Growers […]
Alberta’s irrigation districts will continue to receive rehabilitation funding through 2022, albeit less than the historical average. In 2020, the 13 districts will share $14 million of Irrigation Rehabilitation Program (IRP) cash, a drop of about $6 million from the previous year. Next year, the districts will be allotted $10 million followed by $12 million in both 2021 and 2022.
As part of its 2020/21 budget, the Alberta government announced a budget cut of $5.3 million to the Agriculture Financial Services Corporation (AFSC). However, the Crown corporation’s chief financial and innovation officer said farmers and agribusiness owners who rely on AFSC for loans, crop insurance and disaster assistance shouldn’t panic. The organization’s staff plan to sharpen their pencils to cut administration costs, rather than customer service.
Non-alcoholic beer is often associated with weak flavour, or worse, no flavour. But that’s changing. More and more, consumers are reaching for low- or no-alcohol beers when they’re cutting calories or avoiding alcohol. A growing variety of options and flavour profiles is now available to beer lovers.
No one ever said farming was going to be easy. Every crop year has its obstacles, and in 2019/20, the biggest challenge is that a significant portion of the crop was left to overwinter. This is estimated to be between five and 15 per cent of total western Canadian acres. Farm economics dictate that every acre that can be harvested should be harvested to ensure financial wellbeing. Assuming that all unharvested acres will be harvested, here are some things to keep in mind.
It’s painfully obvious Canadian agriculture has room to close its domestic labour gap. The message has been repeated often enough that it’s starting to fall on deaf ears. However, the industry may need to listen up if it wants to stem the exodus of domestic workers.
Western Canadian crop quality is a hot topic. An exceptionally wet September delayed harvest across the Prairies. Western Canadian wheat quality suffered, with falling numbers lower than desirable.
Renting rather than purchasing land can be a smart short- and long-term farming strategy. While it makes especially good economic sense for young, cash-strapped farmers starting out, land prices in the $3,500 to $6,000 per acre range make renting a sound strategy for established farmers as well.
The tight farm financial picture that has evolved over the last three crop years has many farmers adjusting capital, operational and agronomic practices. The aim is to push up the profit margin while cutting costs. GrainsWest spoke with three agricultural advisors about such dollar-saving tactics.
