Wasted 30 billion????

[furrowtickler]

Definitely was a tremendous amount of uncertainty, people should not judge farmers who did or did not take the CERB money. Ports were closed , transportation was nearly non existent.
Even getting inputs was dicey in spring 2020.
We never took it , but won’t judge those who did .

[furrowtickler]

As for CERB money that flooded out of the country , absolutely that was wrong and should be investigated harshly

[jazz]

I didnt take and dont judge farmers, but anyone who has been around the block a few times, knows these cobbled together programs get abused and trigger audits.

This program is even worse. In addition to audits they have open criminal investigations. Lots of people took that money and bought boats and 2nd homes which are likely to be liquidated for payback. Teenagers got money, prisoners, unemployed, foreign students took the money and bailed out of the country.

Easily the biggest fck up in canadian history and now we are saddled with that debt. Cant get blood from a stone. None of these people will be paying it back.

[Sheepwheat]

Not judging either but I honestly didn’t know about the programs let alone apply. Might need a new accountant.

I did know about the income replacement subsidy. But someone mentioned 60 000? I dunno.

[fcr]

Totally agree jazz,our neighbour was able to get 240,000 ,(himself,spouse,and two boys).My cousin works part time for SCIC,you would not believe how some farmers try and screw that program.SCIC should hire more auditors, they would easily pay their way and weed out the bad ones that we all end up paying for.

[Sheepwheat]

Someone explain to me the sixty grand a head thing? I guess I do live under a big rock?

[bucket]

Totally agree jazz,our neighbour was able to get 240,000 ,(himself,spouse,and two boys).My cousin works part time for SCIC,you would not believe how some farmers try and screw that program.SCIC should hire more auditors, they would easily pay their way and weed out the bad ones that we all end up paying for.

Did anyone else have to supply insecticide bills when SCIC was out?

[Richard5]

En

Finally! Someone says something sensible!
( full disclosure. I applied for the 60 k business loan and paid it off 3 days after receiving it... bcuz why not) is there any difference between that loan and agrinvest? Quick answer.
Nope.

There is quite a bit a difference between the 2 programs. Agriinvest is a long time program allowing every producer with eligible sales the option to receive the matching funds. All the covid programs related to a loss of income because of being shut down, loss of job etc. Grain farming for the most part was one of the lucky businesses to not experience anything significant when it comes to loss of income. I can entertain the debate that a year or 2 later some farms may have been impacted some because of a number of factors but when we compare to your local restaurant, hotel and any service industry that had to close for 3-6 months, thats really what these programs were intended.

Quite disheartening that every local bank pushed this also to everyone regardless of the financial situation or hardship.

I just find it extremely comical that many complain about government waste but were the first in line for the handout.

[Richard5]

Someone explain to me the sixty grand a head thing? I guess I do live under a big rock?

Sheep, there was a loan program available to businesses that experienced a significant loss of income or forced to close their doors because of covid/lockdown etc. The max loan was 60,000 with 20,000 forgivable if 40,000 repaid sometime next year.

Further to this, there were programs manipulated cover a portion of cash land rent. The key item is that your business had to close so many will have sweet surprise.

There were also programs that covered a portion of your ongoing payroll. Again easily manipulated by not selling grain in certain periods and making it look like your income dropped.

I guess no matter what, there will always be people that their focus is to screw the system. Hope they can still hold their head high on the day of reckoning.

[furrowtickler]

We just seen it as a bait and trap set up so stayed clear .
Nothing is free , especially from the Liberals to farmers , feared the strings attached later would be far more detrimental than the gift upfront

[bucket]

Someone explain to me the sixty grand a head thing? I guess I do live under a big rock?

CEBA loan.

[foragefarmer]

Someone explain to me the sixty grand a head thing? I guess I do live under a big rock?

From what I remember,

Borrow $60k and if you repay it within 2 years you only have to pay back $40k.

The remaining $20k is forgiven but is taxable.

Didn't take it because I don't need an audit and the less I'm involved with anything to do the government or the CRA the better, I sleep. Dropped out of AgriStability and Agrivest in 2012.

Those that participated in any of the Covid free government money no matter which program and committed fraud to get it, the CRA should go after them with both barrels. Those the qualified leave them alone.

No forgiveness as the debt is unreal.