Country 105

Country 105


Agriculture Report

Farm Frustration Over Red Tape

By Fadi Didi

The CFIB says red tape continues to hit farmers even harder than other small business owners.


Length: 1:15

Here's something local farmers complain about on a regular basis.

The Canadian Federation of Independent Business says red tape continues to hit farmers even harder than other small business owners.

A national survey of small business owners shows that three in four farmers identify government regulation and paperburden as a serious concern for their business.

69 per cent of businesses in other sectors cite red tape as an issue.

This marks the fifth consecutive year that farmers' red tape frustrations have outpaced that of the general small business community in Canada.

The Federation points to one example in the study -- where Stats Canada insists farmers fill out the census survey right in the middle of their busiest time of the year, spring seeding.

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The trade minister in Saskatchewan says there will be a huge downside if Canada is NOT part of the Trans-Pacific Partnership.

Jeremy Harrison says the agreement could have significant benefits for agriculture -- especially canola, beef and pork production -- as well as manufacturing and forestry sectors.

The province is urging the federal Liberals to press ahead with the T-P-P -- a 12 country deal that was negotiated by the previous Conservative government last fall.

All countries have two years to ratify the deal.

The Liberal government hasn't announced whether it will attend the formal signing next month in New Zealand.

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Here is a look at this week's Grain Farmers of Ontario market commentary.

It says as long as the market continues to close above the 3 dollar and 50 cent level on the March contract, the work may have begun to turn it into a bull market.

The G-F-O calls the monthly chart for soybeans especially troubling.

It shows neutral conditions in the oversold indicators -- even though the market has dropped more than 9 dollars a bushel since the highs of 2012.



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