Federal Budget 2018

CFA recommends ag investments for 2018 Federal Budget

PreBudget Submission Cover

Planning for the 2018 Federal Budget is well underway, with several consultations launched to gather recommendations on how federal dollars should be spent. CFA has submitted a series of proposals to help inform the budget process.

The House of Commons finance committee began its pre-budget outreach in June 2017. The committee will report its findings later this year. As well, Finance Minister Bill Morneau launched a pre-budget consultation in November calling on Canadians to share their ideas during both in-person and online events.

Get involved! Support CFA’s call for ag investments

Help us generate support for added agricultural investments by reading our recommendations below, which were prepared based on input from CFA members. Include these recommendations in your own correspondence and in meetings with MPs. For example, you can talk about funding for agriculture programs during a town hall meeting or on social media, or in any surveys you complete at the “Your Budget 2018” web site.

CFA recommends targeted funding

1) Funding that aligns with a long-term vision for agri-food growth. Since Budget 2017, Canada’s agri-food industry has mobilized to position itself for unprecedented growth. CFA calls for an increased federal funding envelope for the Canadian Agricultural Partnership in recognition of the greater demands facing the sector and the growth mandate set in Budget 2017. Funding is also required for supporting the government’s implementation of A Food Policy for Canada.

2) Tax policies to support both current and future farmers. With proper design and implementation, Canada’s tax policy could be leveraged to allow farm businesses to capitalize on global and domestic growth opportunities, while reducing the sector’s carbon footprint. A range of tax policies must be carefully studied to remove constraints in succession planning for family farms. Legislation has not evolved to respond to the rise in family farm incorporation or the multiple families supported by larger operations.

3) Regulatory services that facilitate global competitiveness
Regulatory departments and agencies should be equipped in order to provide service at the speed of business. Government should make the necessary internal investments in staffing and streamlining administration in order to support fast, electronic (where possible) and seamless service delivery across departments. As well, the government should analyze the regulatory barriers across value chains and take follow-up actions that streamline regulations, which will help entice investment in Canada’s clean technology, biotechnology and agricultural sectors.

4) Supporting vibrant rural communities
By ensuring that federal policies respond to the challenges confronting our rural communities, there is great potential to drive growth in Canada’s agriculture sector and create further economic opportunities for millions of rural Canadians.

Read our 2018 Budget Submission.

See details about Budget 2017

The 2017 Federal Budget was tabled in Parliament on Mar. 22, 2017. Read our news release for highlights.