ALBERTA, CANADA (RFD-TV) — Canadian Prime Minister Mark Carney released his government’s first budget on Tuesday, outlining significant spending shifts — including more than $100 million in cuts at Agriculture and Agri-Food Canada.
Host of RealAg Radio Shaun Haney joined us on Wednesday’s Market Day Report to discuss how the reductions could affect research and support programs that farmers rely on.
In his interview with RFD-TV News, Haney says it remains to be seen whether the measure will meaningfully improve competitiveness on Canadian farms. At the same time, the budget introduces a new “productivity super-deduction” to encourage business investment.
The government also emphasized trade diversification and the development of new export corridors, part of a broader effort to reduce dependence on existing markets. Haney says that while those initiatives could benefit agriculture in the long term, questions remain about how quickly producers will see results.
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USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
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Chad Collin, founder of The Quack Pack USA, joined us on Friday’s Market Day Report to share his expertise in training Border Collies to serve as indispensable farm and ranch dogs.
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American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
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The modest cut should slightly reduce borrowing costs on operating loans, land notes, and equipment financing for agriculture, giving some relief to producers under heavy debt loads.
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