Two major farm organizations welcomed measures in last week's federal budget aimed at encouraging investment and supporting farm succession but warned that more action is needed to address rising costs and protect grain transportation.
In separate statements Monday, the Agricultural Producers Association of Saskatchewan (APAS) and Grain Growers of Canada (GGC) praised the budget's Productivity Mega Deduction, which allows immediate tax write-offs for eligible capital investments, including farm machinery and equipment.
APAS president Bill Prybylski said the measure addresses a longstanding priority for Saskatchewan producers facing significant costs to modernize their operations.
Both organizations also welcomed proposed changes allowing tax-deferred farm transfers to nieces, nephews, and their descendants beginning Jan. 1, 2027.
GGC interim executive director Kate Sauser said the measures provide greater certainty for investment and recognize different approaches to family farm succession. However, she emphasized that implementation and improved market access will be critical.
GGC expressed disappointment that the budget failed to address several immediate concerns, including tariffs on Russian fertilizer, exceptional farm fuel costs and the lack of mandatory grain export sales reporting.
The organization also criticized the absence of stronger protections against grain transportation disruptions, saying proposed labour relations changes fall short of recommendations from the Keep Grain Moving coalition.
Click here to see more...