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Farms.com Home  › News

Grain Commission Plans To Cut User Fees

 
The Canadian Grain Commission (CGC) is proposing to reduce its user fees as of August 1, 2017, in response to a $100 million surplus that has been accumulated over the years.
 
The benefit to affected stakeholders of the proposed fee reduction is $9.99 million for the 2017–2018 fiscal year, a cost decrease of 15 per cent. The benefit is expected to be around $15 million thereafter. The accelerated reduction is ahead of the original schedule of new user fees which would have started April 1, 2018.
 
Grain Growers of Canada President Jeff Nielsen said the move is in line with the group's recent calls to Federal Agriculture Minister Lawrence MacAulay and the Commission to prevent the further accumulation of the surplus.
 

 

Source : Portageonline

Trending Video

Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.

 
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