Farms.com Home   News

Canadian Grain Commission proposes fee reductions as of August 1, 2021

The Canadian Grain Commission is proposing to reduce service fees collected for 4 official grain inspection and official grain weighing services on August 1, 2021.

This proposal is in response to the sustained growth in grain export volumes in recent years and aims to better align fee revenues with fixed service delivery costs.

These changes would result in a combined reduction for official inspection and weighing services fees from $1.48 to $1.05 per tonne for ships, and a cost decrease of $37.88 per official inspection and weighing services for a railway car, truck, or container. The proposed reduction comes two years before the end of the current fee review cycle.

For fiscal year 2021-22, fees paid by grain sector stakeholders would be reduced by approximately $13.79 million, a cost decrease of 19%. Savings for the 2022-23 and 2023-24 fiscal years are expected to be approximately $20.68 million each year, a cost decrease of 29%.

The proposed changes require amendment to the Canada Grain Regulations. They will be published in the Canada Gazette, Part I for public comment on May 22, 2021 and stakeholders have until June 7, 2021, to provide feedback.

Source : canada

Trending Video

Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.