50 Billion CEBA.

[cropgrower]

agree 100% , but a brainwashed 🐑 that cant think for themselves would never think of that , close small buisness but leave big ones open ,greatest con job of our lifetime , and your jab wont work if sombody else wont take theirs ! are you really still silly enough to believe all the garbage that was spewed out CC ?

[goalieguy847]

I think it was silly ( as farmer) NOT to take the loan. I got it... paid it off the next day. Boom done. 20k. Needed it. Used it.
No problem. We all take crop insurance and that program is excellent and is so incredibly subsidized by both federal and provincial govt. Anyone who complains about the ceba loan and stands on their soap box because theyre the " adult in the room" and can " pay for their own stuff" YET takes crop insurance? = hypocrite.


My issue with it was the oversight. Absolutely absurd. Also..all the people that got the 2000$/ month for 10 months and then had to pay back half of that because the previous year they only made 10 k? I mean.... what did you think was going to happen?

[furrowtickler]

If you pay into crop insurance for 30 years and use it 2 times are you really subsidized , or are you subsidizing the general coffers of the provincial for government for 28 out of 30 years ?
What is the actual cost of crop insurance?

[blackpowder]

I could be wrong. Thought I heard AFSC has had surplus years and it disappears into general revenues. ??
And ya, my career history has me paying more than received. But only by a small amount.

[wmoebis]

I could be wrong. Thought I heard AFSC has had surplus years and it disappears into general revenues. ??
And ya, my career history has me paying more than received. But only by a small amount.

Do you all feel that both Fed and Prov gov'ts should quit putting in 60% of the premiums and leave the program totally on it's own like a private insurance? Or maybe even privatize it totally?

[AlbertaFarmer5]

Do you all feel that both Fed and Prov gov'ts should quit putting in 60% of the premiums and leave the program totally on it's own like a private insurance? Or maybe even privatize it totally?

Yes. I want a level playing field. There is no reason why farmers should get subsidized insurance, while as far as I know, no other business gets this benefit.
Many farmers locally here in hail alley carry the maximum insurance, and also buy private hail insurance above and beyond, so there is a business case for fully private insurance.

I would not be in crop insurance if not for the subsidies. In theory, I should get 2.5 times more back than I pay in eventually. Minus administration costs. And the only hope I have of collecting is for hail, the baseline yield in this are being so pitifully low to start with.

If it is not subsidized, the best you could get back in the long term is 100%, minus administration costs. Not a good ROI in my books.

[chuckChuck]

Your climate bedwetters got 30B in subsidies for car plants that wont even get built. Thats 10 times what Ag and O&G got.

What percentage of the GDP will EVs bring in. Exactly zero, likely negative.

Those are the projected subsidies over a decade that will create jobs and spinoffs turning minerals into value added batteries. Are you opposed to manufacturing and mining jobs in Canada? Because without subsidies those plants will go somewhere else.

Agriculture currently receives $3 billion a year in subsidies and programs. It adds up to $30 billion over a decade.

The oil industry received numerous incentives and low royalty rates that total up to tens of billions over decades.

The list of subsidies, incentives and tax breaks to industry is long. And Agriculture is on the list.

But the climate change denier bed wetters and flat earthers are very selective with their memory and criticism and often struggle with math and the facts.

[furrowtickler]

[chuckChuck]

When you add in the food system the numbers are impressive.

I have no trouble with supports and subsidies to agriculture except they should be more targeted to those who need them and smaller and medium sized farms.

But I do have a problem with the chronic complainers who also receive taxpayers support and subsidies, complaining like hell about other people and industries who also receive taxpayer support.

[jazz]

Projected. Thats rich.

Ag, O&G and mining contribute nearly $500B guaranteed to the economy chuck. Just about the same amount Justy flushed down the toilet for the hypochondriacs among us.