$1000 dollar bonuses for all CWB Staff

[cottonpicken]

So when a handful of large companies control the grain trade they'll take less?

[just_wondering]

Benny
My city cousins All seem to be able to work for whomever they please. And they also seem to make time for snowmobililing, that is the way I see it,
If you invest your own time and money with your spare time you can do what you please Its like that with all business owners.
Unlike my city cousins I don't get paid to go to meetings or get paid holidays. Every moment that I am not working something is not getting done yet still must be done later.
As far as taxes check what most fortune 500 companies pay, tax avoidance is not against the law tax evasion is. I consider it my duty to use every law the government has written to alow me to use my money the way I see fit.

[just_wondering]

Cottenpicken, if a large bunch of Grain Companies want to shell out bonuses to their employess so be it. In case you've forgotten the CWB is a non profit organization right?? They're spending my money. Grain Companies are in this buisniess to make money no different than you and I.

You keep all your money in a Bank or a Credit Union somewhere right?? What would you say if your banker phoned you today and said hey man we had to take money out of your account to give bonuses to our employees. Give your head a shake!!

[TOM4CWB]

sNAPPY,

The chartered banks DO exactly what you have said... and corporate execs get MUCh more than 1000 Dollar bonuses.

I think the CWB BOD could have been much more innovative... and given innovative incentives that the team players at the CWB didn't have to pay taxes on! Perhaps they did? I know you can GIVE these folks up to $500 tax free... each year... This is what SHOULD have happened!

But what do I know... I am just a stupid farmer who shouldn't decide things like this, perhaps the CWB BOD should have asked some of us what we thought?

That something should have been paid to CWB team members I believe is only fair! If the CWB markets 20mmt this year... I don't mind a bit if a few cents a tonne is given to boost morale... I just am disappointed they gave Ottawa a big chunk back in Income taxes... which could have been Avoided!

I need happy productive people in the CWB to work with.... and so does everyone on Agri-ville!

Come on guys... it is CHRISTMAS!... don't be grinches!

God bless all the CWB staff and BOD... this has not been an easy year for you... and ALL the best for 2007!

SIncerely,
TOM JACKSON!

P. S. I am avaliable for innovative HR stategies... any time you folks at the CWB ask... we need GOOD Ideas! Lets us our strengths and build a more productive CWB through our dedicated team members!

God Bless Canada

[TOM4CWB]

Lets USE our strengths... looks like my e skipped!

[cottonpicken]

Well put Tom.

Snappy i dont know how a dollar works on your farm but a dollar out is a dollar out, cwb or large grain company.Its all out of our pocket.Who will take more-the fat government pig or the faceless,remorsless multi-national.

[crusher]

What are guys whining about. The bonus was given on instruction from the board of directors. If you have a problem with it, bring it up with them. My question is does the money come from the pool or the PPO contingency fund? Then again does it matter?

Tom, I didn't think you could give "cash" as part of the $500 tax free gift. Anybody else know for sure?

[wilagro]

$1000 bonus? Just chickenfeed...when I WORKED in a management position many moons ago, I used to get a bonus between $5000 and $7500 every year.

Besides, does ADM and Cargill TELL you what their employees get for bonuses? Not on your cottonpickin' life.

What is next on the list to blast the CWB about? Too much money spent on paperclips?

[Braveheart]

In today's era of corporate restructuring, downsizing and cost cutting, not to mention globalization and techno advances, there is not a job or a profession that is not at risk. To give these employees a "stress" bonus can only be described as atrocius!

These bonuses are little more than yet another political game played by the pro monopoly at all costs BOD.

Now Benny and wilagro, you've both given us a piece of your mind on this issue, and there's probably not much left, but think hard and try to tell me, is there anything, anything at all that you would ever criticize the wheat board over?

[BennyHin]

Maybe all Agricultural employees should work for free or maybe they should volunteer, so that the primary producer will have a greater return.
Snappy and Cowman, phone up SWP, Agricore, Pioneer, Cargill, LD, P H, SWT, MTL, ATL, Canada Malt, etc... and ask them how many qualified employees they lost in the last 12 months to Fort McMurry. People dont work for free. Also remember we farmers arent salaried employees, we have choosen to work for ourselves. If you want paid vacations, and if you want paycheques every two weeks (taxes already removed) get a job.

[BennyHin]

I give up trying to stress my point. It sure is easy to see though why there are so many farms in trouble. The CWB is not a buisiness it's a farmer owned corporation that we own. THEY'RE SPENDING OUR MONEY!!!!!!

[silverback]

Answer the question.

Has the CWB, or the former Liberal gov't , ever done anything that you guys were not in favor of?

What would it take?

This is not a performance bonus no matter how much you try and spin it to be that way!

[BennyHin]

Snappy:

Every company spends your money, banks, machine shops, crop inputs, accountants, that’s how they make money. For example why do you think you are paying $6.25/lbs for (Invigor) canola seed and yet it is out of stock? Isn’t it a nice and convenient reason to increase price and at the same time create free publicity? For instance, compare this to how Sony marketed the Play Station 3 console... look at all the hype, and free advertising they got out of this. People were shown standing in line all night long, fighting with each other trying to purchase a commodity that was purposely restricted in availability. CNN, FOXNEWS, ABC, CBS, ABC, CTV, GLOBAL, CBC all carried this as a top news story.

Let's look at things from a different perspective. Here are some scenarios:

Scenario 1.
Image if the CWB was in the seed business, and that they owned the Invigor Hybrids (canola seed) and ran out of seed, just as what happened this year. You would be posting on this site the following: "There was 9.5 MMT tonnes of canola produced this year, yet those dummies at the CWB cant even produce enough seed to supply the demand for the upcoming year". "Why are they charging $6.25/lbs"? "This seed used to only cost $2.50 five years ago". "I sure wish there was “marketing choice” so that competitors such as Pioneer Hybrid, Hoerst, Monsanto, Decalb, PGS, Proven Seeds, Zeneca, etc would make this business more competitive. [By the way, most of this competition has since been bought up and is now owned by Monsanto]

FACT: Seed supply has run out this year, and it is more expensive than ever. Also, they are spending lots of farmers money advertising these sold out products on TV, radio, and in newspapers. Can you image if the CWB advertised on TV?

Scenario 2.
Image if the CWB owned the railways and increased your freight rates every year 3-5%, and at the same time ripped up a couple hundred miles of track, and also, cut back on 50 and 100 car incentive loading rebates to the grain companies? At the same time the “CWB railway” decreased car spotting performance even after all the grain companies gutted there old 5 car spot wooden-facilities and built 15 million dollar, 20 thousand tonne, 50-112 railcar concrete monoliths on the basis this would increase the railways performance efficiency?

FACT: Rail rates increase every year, CN Rail performance is worst than ever, (see:http://www.apas.ca/pdfs/Wade_Sobkowich_presentation.pdf ). Sub-lines continue to be ripped up, your trucking rates are going up, and highways are falling apart. If the CWB currently owned the railways you would be saying; “I wish the CWB would allow competition, so that that our freight rates would drop, and there will be more elevators built as the railways compete for grain handling business, and ultimately increasing competition to buy my grain”. “And when there is more elevators built, my trucking costs will decrease and my municipality /county won’t have to pay so much for road maintenance”.

Scenario 3.
Imagine if the CWB owned a Nitrogen fertilizer plant, hedged its position in the natural gas futures at very cheap prices early in the fall thereby locking in very affordable NH3 and 46-0-0 prices for farmers or fall and spring purchases. But later in the winter the natural gas futures sourced, and the CWB sold this futures position at ridiculously profitable levels, pocketing the profits and sending out bonuses to it's staff and CEO?
FACT: a number of years ago, most of you remember when the fertilizer manufactures did just this.
If the CWB did this, you would be posting: “This just proves the CWB isn’t accountable to farmers, and they don’t work for me, the farmer”. “They only care about themselves, I wish there was competition in the fertilizer markers so that there would be companies who would sell fertilizer to farmers at a not-for-profit level. Why should they make any money? I’m the only one who is supposed to make money”.

As a final note, before Agriville goes off air, did you realize US grain farmers recieved direct government subsidies of US $25.6 Billion last year? Apparently the US model is not the one we need to emulate, that is unless you want to continue to go cap-in-hand to the urban taxpayers.

We have a unique marketing system in Canada. We should not look at the US and assume their system is the best in the world and that ours is the worst. The US may often have higher spot prices because a large percentage of Us production is sold into the US domestic market, the most lucrative market in the world (next to Japan).
The very minute the CWB is killed, the artificial barrier (the US border) will disappear, unleashing an extra 20 million tones of wheat into the Northern States. The US wheat basis will then be pressured downward, arbitraging to a new “Western North American wheat basis level”. US farmers would now receive the same price for their wheat as Western Canadian farmers, and basis would only differ due to freight costs to market. Since we have cheaper rail freight to Vancouver than ND, MT, SD, and OR have to Portland, we will have higher wheat prices than the US farmers. However, how many of you out there think US farmers will accept this? Those toupee, wig-wearing congressmen (such as Byron Dorgan, Democrat- ND ) would feel the pressure to close up the border to artificially increase the US basis levels.

And after the US shuts the border, the CN and CP Rail, will be have already succeeded in removing the rail freight cap, moving to a full bid system on rail cars. Once the CWB is gone, the railway freight cap will also go (as the Harper government and their consultants, the WCWA , are pursing a completely deregulated market environment to increase efficiency).

Live well and prosper. Merry Christmas.

[TOM4CWB]

BennyHin;

That was quite a diverson from the topic on CWB staff... I don't agree with the majority of the fear mongering socialist theory that projects the world ending for wheat growers if the CWB has to pry our wheat out of our bins.

Self dicipline in marketing is very important. Chaffmeister has it right... the CWB gets off way to easy on the total effect of its economic impact on grain growers... as non-boards have to cash flow most growers expences.

Japan, US, AU, and Canada us the MGE, CBOT & KC grain exchanges... the majority of the worlds traded wheat transparently trades through these facilities.


THat this all worked before 1993 without a hitch... THe CWB didn't stop movement of wheat south by growers of their own produce... Commissioner Lorne Hien clearly said there was nothing the CWB could do about it. THe sky didn't fall until Goodale stopped the movement of fusarium wheat because it was bringing more than high grade CWB products... which was too embarassing to leave alone for the Liberals.

Crusher...

We use an Airmiles... Club Z, of Visa Gold reward system to have an innovation reward picked out by our team members... up to the $500 allowable by CCRA. Cash plus points gives flexibility to make this a nice option to provide the incentive personal choose... it is not a straight cash bonus; but is tax deductable and doesn't put their wages into a higher tax bracket.

[rbrunel]

Just a note
Someone earlier was complaining about the check off for wheat and barley research. These funds go the the Western Grains Research foundation. These dollars are used to fund research in all areas of wheat and barley and I would think that alot of these dollars are used to fund research of varieties that will not end up in the CWB pipeline of marketable "products" ( to steal a term used by parsley) ie feed wheat and feed barley. I say this because of the increased interest and demand for ethanol etc. I beleive that these dollars are refundable, but i am not certain. Also, is there anything wrong with publicaly funding something that we all grow. There is a some debate whether the Western Grains Reseach Foundation can somehow get check offs for all wheat and barley sold domestically in Canada. The final payement is at this time the only place you will find this check off.