AMC News
As part of our ongoing efforts to provide members value and strengthen the agricultural equipment manufacturing industry in Canada, we want to better understand your perspective on AMC’s work and the services we offer. Your feedback will be used to continue evolving our activities while also enabling us to assess the implementation and key tenets of our strategic plan.
Visit https://www.naylornetwork.com/pim-nwl/articles/index-v2.asp?aid=459477&issueID=51614 to view the full article online.
The summer for many businesses is a good time to relax and rejuvenate. For senior political leaders, as you’ll see from the summary below, it is a time to reset your leadership team and refocus as required.
Visit https://www.naylornetwork.com/pim-nwl/articles/index-v2.asp?aid=459460&issueID=51614 to view the full article online.
On September 28, 2017, the Agricultural Manufacturers of Canada (AMC) and Edmonton International Airport (EIA) invite you to an interactive session on exploring international trade priorities, key export destinations for Canadian agricultural equipment and information on exporting cargo via the Edmonton Airport.
Visit http://mailchi.mp/266f450fb55d/xeig2yik6i-1519661?e=bfeebd007b to view the full article online.
Industry News
While some of us were enjoying Canada’s abundance of parks and lakes this July, the Department of Finance and Minister Bill Morneau were busy introducing tax changes that represent the most significant changes to our tax system since the 1970s.
Visit https://www.naylornetwork.com/pim-nwl/articles/index-v2.asp?aid=459496&issueID=51614 to view the full article online.
The federal Department of Finance released a consultation paper and draft legislation on July 18 aimed at significantly overhauling the private corporation tax system in Canada. Proposed changes to taxation of private corporations, as they are currently worded, are bad news for the estimated 25% of farm businesses across Ontario and Canada that are incorporated.
Visit http://www.farms.com/commentaries/proposed-changes-to-federal-taxation-bad-news-for-farm-corporations-126400.aspx to view the full article online.
In a speech that reminded everyone that Donald Trump loves to campaign maybe even more than actually being President, the foundations of NAFTA could be rockier than people want to believe.
Visit https://www.realagriculture.com/2017/08/well-probably-end-up-terminating-nafta-president-trump/?utm_source=Ontario+Daily+-+Thurs+Aug+24%2C+2017&utm_campaign=Ontario+Daily&utm_medium=email to view the full article online.
The Canadian economy has been healthy as of late, which has many farmers with higher debt levels somewhat concerned about interest rate increases in the near future.
Visit https://www.realagriculture.com/2017/08/interest-rate-increases-coming-to-canada-and-the-impact-of-trade-talks-on-the-canadian-economy/?utm_source=Western+Daily+-+Tues+Aug+22%2C+2017&utm_campaign=Western+Daily&utm_medium=email to view the full article online.
Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced today the appointment of Geneviève Parent as a part-time member of the Canada Agricultural Review Tribunal. The appointment is for a three-year term.
Visit http://www.farms.com/news/minister-macaulay-announces-appointment-to-the-canada-agricultural-review-tribunal-126278.aspx to view the full article online.
A Food Policy for Canada will set a long-term vision for the country’s health, environmental, social, and economic goals related to food, while also identifying actions that can be taken in the short-term to improve Canada’s food system.
Visit http://www.farms.com/news/parliamentary-secretary-poissant-continues-regional-sessions-on-a-food-policy-for-canada-in-saint-hyacinthe-quebec-126184.aspx to view the full article online.
Buhler Industries, manufacturer of Versatile and Farm King branded equipment, reported its third quarter 2017 earnings on Aug. 14.
Visit https://www.farm-equipment.com/articles/14432-buhler-industries-reports-3q-revenues-up-49-deu to view the full article online.
Canada’s heading into the NAFTA renegotiation next week, but a deal that hasn’t been discussed a lot lately is the Trans-Pacific Partnership — and why is that?
Visit https://www.realagriculture.com/2017/08/is-canada-dragging-its-feet-on-tpp/?utm_source=Ontario+Daily+-+Tues+Aug+15%2C+2017&utm_campaign=Ontario+Daily&utm_medium=email to view the full article online.
In 2007, farm equipment represented 9.6% of total farm expenses (using depreciation on machinery as a proxy for farm equipment expenditures). It represented only 10.2% of total expenses in 2016, after the big price jumps of the last decade.
Visit https://www.fcc-fac.ca/en/ag-knowledge/ag-economist/farm-equipment-expenses-constant-despite-higher-prices.html?utm_source=Subscribe+to+FCC+email&utm_campaign=9dbf5bd3b0-FCC_Express_2017_08_11&utm_medium=email&utm_term=0_ecca3657d7-9dbf5bd3b0-19474361 to view the full article online.
S3 Enterprises awards the Frank & Helen Rempel Servant Leadership Bursary to Amanda Mitchell of Bracken, Saskatchewan.
Visit http://www.naylornetwork.com/pim-nwl/pdf/Amanda_Mitchell_2017_bursary_winner.pdf to view the full article online.
SeedMaster, a brand that often gives farmers a glimpse of its new technologies, chose to show a mockup of its one-row drill concept at Canada’s Farm Progress Show in Regina in June.
Visit https://www.grainews.ca/2017/07/20/talking-trash-about-seeding-equipment/ to view the full article online.
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