My analysis...

[bucket]

Farmer A is a 4000 acre farmer...

Farmer B is a 4000 acre farmer...

A & B have the same equipment and rotation.

A is a personal farmer and receives no CEBA

B has a company an receives CEBA

both have a 40000 dollar fuel bill.

A pays 40000 , B pays 30000 because 10000 is a grant from CEBA

Farmer B goes to the bank and uses the spare 10000 to his agriinvest account it becomes 20000....

Farmer B now has only 20000 to pay back to the government...


Farmer A is thinking about calling RBA

He has to compete his neighbours using government money, the american farmer using government money and the russian government spending on the infrastructure and creating the crow rate ...


your thoughts?

[farmaholic]

Incorporate and pay salaries?

[Guest]

can't imagine not being incorporated ?
helps immensely to grow farm
helps after the sale as well

[LEP]

Or maybe not every farmer will apply for CEBA and instead concentrate on production and efficiency.

[furrowtickler]

Until the tax man changes the rules , I would not trust this liberal government for one second .. jmo

[blackpowder]

Your point?
I'm sole proprietor, I got ceba, I cash out my agrinvest every year, and I still paid the fuel bill.

And when im gone, Russia and China and the US will still be there. And there will still be a Trudeau in Ottawa.

[Bowerpower]

20,000 don’t make or break a 4,000 acre farms

[Richard5]

All good until A has to respond to the letter asking for proof that covid has caused his farm hardship and he is not able to do so.

Every grain farm who took it will have to pay it back in full in my opinion

[Partners]

As long as you had a loan prior to covid and have loan payments..
Good to go.
Just took 2 months to get it..
Form says repay 30 grand..
The only thing grain farmers can get from turdo..

[Richard5]

As long as you had a loan prior to covid and have loan payments..
Good to go.
Just took 2 months to get it..
Form says repay 30 grand..
The only thing grain farmers can get from turdo..

You are not understanding my point but whatever
Then you might as well apply for Cerb also, or maybe you have already. Anyone can apply for and will receive the funds, doesn’t mean you qualify.