Farms.com Home   News

Manitoba's 2024 Budget - Big Wins for Farmers and Rural Communities

By: Farms.com  

Manitoba's Finance Minister, Adrien Sala, unveiled the 2024 budget, emphasizing sustained support for the agricultural sector and enhancing rural community services. The budget has been applauded by Keystone Agricultural Producers (KAP) for maintaining a 50% tax rebate on farm properties and making strides towards its complete removal. 

Efforts to tackle labor challenges have seen the restoration of the rural doctor recruitment fund and an increased investment in apprenticeship training. Notably, $135,000 will support a new veterinary strategy, showing the government's commitment to agricultural health. 

Budget 2024 also includes $146.9 million for Business Risk Management (BRM) program funding and introduces measures to support young farmers, such as increased loan amounts and rebates through the Manitoba Agricultural Services Corporation (MASC). 

Rural healthcare and safety received a boost with a $13.7 million increase in policing grants and initiatives like a $300 security camera rebate for farmers. The commitment to hire 1,000 new healthcare workers and a 13.5% increase in health-related funding marks a substantial investment in Manitoba's long-term care and senior services. 

Additional highlights feature $30 million for the repair and upgrade of the railroad and Port of Churchill, developments in CentrePort Canada, and strategies aimed at enhancing Manitoba's agricultural trade and value-added sectors. 

This budget represents a comprehensive approach to supporting Manitoba's agricultural community, ensuring the sustainability of farming practices, and enhancing rural living standards. 


Trending Video

Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.