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Saskatchewan, Ottawa to boost farming program in response to trade issues and drought
Saskatchewan, Ottawa to boost farming program in response to trade issues and drought

Hamilton Spectator

time11 hours ago

  • Business
  • Hamilton Spectator

Saskatchewan, Ottawa to boost farming program in response to trade issues and drought

REGINA - Saskatchewan's government and Ottawa say they're providing additional support to a farm income stabilization program in response to trade issues and dry conditions. The province says farmers who use AgriStability will see an increase in their compensation rate from 80 per cent to 90 per cent, resulting in larger payouts if eligible margins decline. It says the maximum payment cap is doubling from $3 million to $6 million per operation, and livestock producers will see a new inventory valuation method for feed used on the farm. Federal Agriculture Minister Heath MacDonald says the changes aim to give farmers more protection. Areas of southern Saskatchewan and Alberta are in a drought, which has decimated crop yields. Farmers are also dealing with trade uncertainty due to tariffs from China and the United States. This report by The Canadian Press was first published July 21, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

Saskatchewan, Ottawa to boost farming program in response to trade issues and drought
Saskatchewan, Ottawa to boost farming program in response to trade issues and drought

Winnipeg Free Press

time12 hours ago

  • Business
  • Winnipeg Free Press

Saskatchewan, Ottawa to boost farming program in response to trade issues and drought

REGINA – Saskatchewan's government and Ottawa say they're providing additional support to a farm income stabilization program in response to trade issues and dry conditions. The province says farmers who use AgriStability will see an increase in their compensation rate from 80 per cent to 90 per cent, resulting in larger payouts if eligible margins decline. It says the maximum payment cap is doubling from $3 million to $6 million per operation, and livestock producers will see a new inventory valuation method for feed used on the farm. Federal Agriculture Minister Heath MacDonald says the changes aim to give farmers more protection. Areas of southern Saskatchewan and Alberta are in a drought, which has decimated crop yields. Monday Mornings The latest local business news and a lookahead to the coming week. Farmers are also dealing with trade uncertainty due to tariffs from China and the United States. This report by The Canadian Press was first published July 21, 2025.

Saskatchewan Crown corporations raise $510 million in consolidated net earnings
Saskatchewan Crown corporations raise $510 million in consolidated net earnings

Yahoo

time23-06-2025

  • Business
  • Yahoo

Saskatchewan Crown corporations raise $510 million in consolidated net earnings

REGINA — Saskatchewan's Crown corporations are reporting consolidated net earnings of $510 million for this year, slightly lower than last year. Among the province's largest money-makers was Lotteries and Gaming Saskatchewan, bringing in $223 million. Saskatchewan's big four — SaskPower, SaskTel, SaskEnergy and SGI Canada — raised $291 million before adjustments. Consolidated net earnings were $578 million last year. This year, the corporations will pay $240 million in dividends to the province's general revenue fund. Crown Investments Corporation Minister Jeremy Harrison says the companies made record investments in infrastructure while maintaining low utility rates. This report by The Canadian Press was first published June 23, 2025. Jeremy Simes, The Canadian Press

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