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.
Shawn Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us on Tuesday’s Market Day Report with the latest news from Canada impacting the ag sector.
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