![]() ![]() Provides immediate expensing of up to $1.5 million per taxation year of capital property acquisitions to Canadian-controlled private corporations (CCPCs)Įnhances Canada’s mandatory reportable transaction disclosure rules, subject to public consultation The budget:Įxtends existing COVID-19 emergency business supports to Septemand introduces the Canada Recovery Hiring Program This represents a major step forward for growers who run their business in rural areas, far from existing internet infrastructure.On April 19, 2021, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, presented the government’s budget. ![]() Another positive highlight is the $1 billion towards Canada’s Universal Broadband Fund. This was a key request made by CHC during pre-budget consultations, and we are appreciative of its inclusion. These include the acknowledgement that growers are part of the solution when it comes to climate change, through carbon sequestration and the adoption of innovative best management practices.ĬHC was pleased to see Budget 2021’s commitment towards the establishment of more resilient water and irrigation infrastructure via $17.4 million over two years to Environment and Climate Change Canada. Going forward, CHC’s board and executive will be engaging the federal government on some other unaddressed recommendations. But while a welcome development, CHC does remain concerned that the program funding is scheduled to be reduced post-Jand will lobby to ensure the necessary supports are in place – where needed. A secure business risk environment was partially addressed in Monday’s announcement, through the extension of the Mandatory Isolation Support for Temporary Foreign Workers Program. “A greater consideration for cost certainty, through financial protection and stable business risk management programming, would go a long way to equipping our fruit and vegetable growers with the tools to survive and thrive.”Īnother issue we have identified, particularly over the past year, was the lack of meaningful support to keep farms in business throughout the COVID-19 outbreak, causing fruit and vegetable growers to lose significant amounts of production and income and putting Canada’s food supply at risk. “As Canadians continue to deal with the economic impacts of COVID-19, ensuring a stable and secure supply of fresh food remains critical,” added Rebecca Lee, CHC’s executive director. This would have been a no-cost solution for government with the potential to save countless farming businesses from financial hardship. Our Council was particularly dissatisfied with the omission of a major primary pre-budget recommendation: the establishment of a financial protection mechanism for fresh fruit and vegetable growers. However, we are not deterred, and will advocate further for our policy priorities directly with legislators and decision makers.” “In light of the challenges we face, we had hoped to receive more support from the federal budget. “While the past year has been incredibly challenging for fruit and vegetable growers in Canada, we remain optimistic about our sector’s resiliency,” said Jan VanderHout, CHC’s president and a greenhouse vegetable grower in Waterdown, Ontario. However, we are disappointed at the allocation of funding for agriculture in Monday’s Budget 2021 announcement, as it fails to adequately recognize our sector’s important role in a post-pandemic economic recovery. Ottawa, Ap– On behalf of Canada’s fruit and vegetable growers, the Canadian Horticultural Council (CHC) applauds the federal government’s commitment to COVID recovery and maintaining environmental goals for our country. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |