Originally posted by farmaholic
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http://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html http://https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html
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For all other non-covid-19 financial relief refer to Crop Insurance, AgStab, AgInvest, AgRecovery, FCC for loan payment holidays, your preferred lending institution for loan paymènt holidays, CCGA cash advances, your MP or MLA, Ritche Bros.Last edited by farmaholic; Apr 18, 2020, 12:12.
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Guest
Originally posted by shtferbrains View PostOur Agricultural Sector and Food Supply Chain
Need Our Support
Over the past few weeks, a number of issues have risen in the agricultural sector due to the secondary effects of the COVID-19. These issues have the potential to cause economic harm to the agricultural sector and negatively affect the food supply in Canada.
Conservative MPs have been receiving phone calls and emails from farmers not able to qualify for the Canada Emergency Business Account (CEBA) after the federal Minister of Agriculture encouraged farmers to utilize the program. As a result, the Conservative Caucus has asked the Agriculture Minister to specify what the government is doing to help producers who do not qualify for the CEBA.
For weeks, agriculture stakeholders have been asking the federal government to make agriculture and food processing a mandatory and essential service. Four meat processing plants have either closed or reduced shifts during the pandemic. Yet for agriculture, the government continues to be reactive instead of proactive.
This must now change. It's time for the government to provide certainty to the agricultural sector, and to all Canadians.
From Randy Hobac
Haven’t heard a word out of our prov. Rep ?
Maybe the covid got him?Last edited by Guest; Apr 18, 2020, 13:40.
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Who is deferring payable 2019 corporate and/or personal income taxes? Who is deferring payable 2020 corporate and/or personal income tax instalments?
Postponing the inevitable......
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2 things:
1- that world health guy looks and sounds like one crooked prick.
2- what happened to agstar, dml and all those guys since chuckchuck seems to have dissapeared? Were they one guy operating under multiple handles???
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Probably
Originally posted by canolacrazy View Postcoming soon to a farm near you...
100% capital gains tax, no exemption.
Alberta 8% sales tax
Saskatchewan 12% sales tax
Manitoba 14% sales tax
Personal income tax rates increased by 25%.
Increased Carbon tax rates.
GST increased to 8%.
Oh, and how about a nice across the board 25% tax increase on booze and smokes.
President Trump actually cares for his farmers and food supply. Wish he bought out western Canada. Wexit here I come.
So sad. This used to be a good place to hang your hat.
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Originally posted by farmaholic View PostWho is deferring payable 2019 corporate and/or personal income taxes? Who is deferring payable 2020 corporate and/or personal income tax instalments?
Postponing the inevitable......
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This is a little bit over simplified, but there is some truth to it . . . . . .
.. HOW A STIMULUS PACKAGE WORKS ..
It is a slow day in the small Saskatchewan town of Pumphandle, and the streets are deserted.
Times are tough, everybody is in debt, and everybody is living on credit.
A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.
As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-Op.
The guy at the Co-Op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services†on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.
No one produced anything. No one earned anything ..
however, the whole town is now out of debt and now looks to the future with a lot more optimism.
And that, ladies and gentlemen, is how a Stimulus Package works.
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Originally posted by farmboy1 View PostThe 10% wage subsidy does apply to farmers. The 40,000 loan (30,000 to be repaid) is based on your business T4 Summary and payroll size. They changed it on Friday to allow more to qualify. If your payroll for 2019 was between 20,000 and 1.5 million, you qualify. I applied for this one Friday....took 10 minutes.
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Originally posted by rumrocks View PostThis is a little bit over simplified, but there is some truth to it . . . . . .
.. HOW A STIMULUS PACKAGE WORKS ..
It is a slow day in the small Saskatchewan town of Pumphandle, and the streets are deserted.
Times are tough, everybody is in debt, and everybody is living on credit.
A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.
As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-Op.
The guy at the Co-Op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services†on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.
No one produced anything. No one earned anything ..
however, the whole town is now out of debt and now looks to the future with a lot more optimism.
And that, ladies and gentlemen, is how a Stimulus Package works.
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