Farms.com Home   News

Next steps being taken in the Primary Agriculture Review

GATINEAU, QC - The agriculture and agri-food industry is a significant contributor to Canada's economic growth and vitality. The Temporary Foreign Worker (TFW) Program is an important tool to support the sector in filling vacant and seasonal positions when qualified Canadians and permanent residents are not available.
 
Collaboration between the Government of Canada and agriculture employers contributes to the overall success of the TFW Program in addressing the sector's labour needs and ensuring that workers are protected while they are here. That is why the Government of Canada will engage with employers, workers and other stakeholders on ways to modernize the TFW Program's Primary Agriculture Stream to address key issues raised during the Primary Agriculture Review, including:
  • simplifying the Primary Agriculture Stream and making it easier for users of the Program to understand their obligations under the Program;
  • examining how to set wages for agriculture workers to allow for increased transparency and more flexibility for employers to offer raises and bonuses to workers; and
  • working with provinces and territories to improve housing for foreign workers to ensure consistency across the country.
Making these changes to modernize how the TFW Program works for agricultural employers and workers will help to ensure that the labour needs of Canada's evolving agriculture sector are met, while supporting the domestic labour market and protecting foreign workers.
Source : Cision

Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!