Farms.com Home   Ag Industry News

Ag in the Liberal platform

Ag in the Liberal platform

Farms.com will outline what the four main parties have planned for the industry and rural Canada

By Diego Flammini
Staff Writer
Farms.com

As the federal election is less than a month away, Farms.com will be highlighting what the Liberal, Conservative, NDP and Green parties have in store for farmers and rural Canada should they form the next federal government.

The first party focus will be the incumbent Liberals.

Justin Trudeau’s party unveiled its platform, FORWARD. A REAL PLAN FOR THE MIDDLE CLASS” on Sept. 29 during a campaign stop in Mississauga, Ont.

The Liberals plan to spend more money, bringing the national deficit to $27.4 billion next year and reducing it to $21 billion by the fourth year.

Here’s what another four years of Liberal government could mean for the ag industry.

In terms of risk management, a Liberal government promises to “move forward with a collaborative effort review of Canada’s business risk management programs, with a special focus on Agri-Stability, and are prepared to increase federal support to farmers to help them manage risks beyond their control,” the platform says.

The party plans to streamline where farmers can go to receive advisory and support services.

The Liberals want to merge services from different agencies into Farm Credit Canada’s responsibilities and call the new entity Farm and Food Development Canada. It will act as a “single point of service to help all parts of Canada’s food economy develop, grow, and export to new markets,” the platform states.

A Liberal federal government would increase Farm and Food Development Canada’s lending by up to $5 billion per year, on top of existing support from Farm Credit Canada.

A Liberal government would continue to support supply management.

The platform notes the support Ottawa provided for Canadian dairy farmers after negotiating trade deals with the United States and Mexico, Europe and Asian countries.

Trudeau’s next government would also invest in cleaner fuels.

His party commits to creating a “new technology and commercial support fund, administered through Western Economic Diversification,” the Liberal platform says. “This fund will help connect farmers, researchers, agribusinesses and energy companies, and help give producers an advantage in the clean economy.”

The Liberals restated their commitment to bring high-speed internet to all of Canada, including rural and remote communities, by 2030. The party also plans to install up to 5,000 charging stations along the Trans Canada Highway, and in rural communities to make using zero-emission vehicles easier.

Be sure to check Farms.com often as we will profile the Conservative, NDP and Green platforms soon.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.