- VP Growing Operations
- Head Grower Strawberries, Australia
- Growing Manager for Hydroponic strawberry producer
- Farm Manager Costa Rica
- Regional Sales Manager Fresh Produce
- Head Grower Strawberries, Norway
- Export Trade Manager
- Business Developer - Northern Europe
- Orchard Sector Manager
CAN (ON): Fall economic statement brings mixed bag for agriculture
The province confirmed its intention to increase the minimum wage to $14 per hour on January 1, 2018 and $15 per hour in 2019. OFA is extremely disappointed in the government’s decisions to clearly not consider the impact this swift shift will have on farmers and small businesses across the province. The province did announce additional support for the horticulture sector as one of the commodities that will be hardest hit by increases to minimum wage – committing $60 million over a two-year period through the Self-Directed Risk Management (SDRM) program.
Municipalities have been given the flexibility to determine how small-scale, on-farm processing activities are assessed for the value-added property tax. The change could be good news for value added and commercial farm operations, now that municipalities can tax the first $50,000 of assessed value on “qualifying” operations at a rate that’s 75% lower than the commercial or industrial tax rate that currently applies.
“The government has heard from the farm community that the minimum wage increases were too much, too soon and they have responded for the fruit and vegetable sector,” says OFA President Keith Currie. “They have also heard OFA’s message of providing property tax relief for on-farm value added activities.”
Ontario’s small business corporate tax will be reduced, as previously announced, from 4.5% to 3.5%. Coupled with the announcement that the federal small business tax rate will drop from 10.5% to 9% by 2019, incorporated farm businesses (representing about 25% of all farm businesses) will be able to reinvest additional after-tax dollars to expand their business.
The Ontario government also announced $124 million over three years to support jobs for youth, defined as ages 15 to 29. An employer with less than 100 employees, including farm operations, could receive a $1,000 incentive for hiring a young worker, and $1,000 for retaining that worker for six months.
“We will continue to push for legislation and programs that will build prosperity for all Ontarians, including our farms and rural communities,” says Currie. “We’ll be focusing our messaging in the lead up to next spring’s provincial election on the issues that will have significant impact on the long-term, overall health of the Ontario economy. And our agri-food sector is at the top of that list.”
For more information:
Ontario Federation of Agriculture
100 Stone Road West, Suite 206
Guelph, ON N1G 5L3
Local: (519) 821-8883
Toll-Free: 1 (800) 668-3276
Fax: (519) 821-8810
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2023-09-29 Cucumber and zucchini prices are significantly lower than in the same period of last year
- 2023-09-28 CAN (ON): Affordable housing investment project of $61.4M includes aquaponic farm
- 2023-09-28 Peppers pricey for this time of year
- 2023-09-28 California border patrol officers arrest man smuggling cocaine in cucumber shipment
- 2023-09-28 GfK figures and trends on fruit and vegetable consumption in Germany presented by Ulrike Singer
- 2023-09-28 Green, even more green, will it be houses or greenhouses in Harmelerwaard?
- 2023-09-27 "Shoppers may pay 50% more for tomatoes if the US puts duties on Mexican tomatoes"
- 2023-09-27 Spanish zucchini exports decrease by 18%
- 2023-09-27 Digitalization of the Spanish agricultural sector
- 2023-09-27 Nigerian tomato growers aim for decentralized production
- 2023-09-26 97% of Mexican berries go to the United States and Canada
- 2023-09-26 "Shift from tomatoes to other fruiting vegetables due to risk of ToBRFV"
- 2023-09-26 Fruit and vegetable exports Vietnam set for a record $5 billion this year
- 2023-09-26 Stable market ahead expected for Thai Chili peppers
- 2023-09-26 Production dip prompts price hike for loose tomatoes
- 2023-09-26 Azura Group and Foundation donating €1.5m to Moroccan earthquake relief fund
- 2023-09-25 Satisfactory market for Sicilian organic tomatoes in Germany
- 2023-09-25 Australians are still throwing away too many vegetables
- 2023-09-25 Microgreens are increasingly popular
- 2023-09-25 NASA’s record-breaking astronaut: scientific highlights of Frank Rubio’s year in space