The Ontario government is moving ahead with plans to reduce the amount of money families must pay in estate taxes after the death of a loved one.
Right now, estates valued at $1,000 or less are exempted from the estate administration tax, but the province charges $5 per every $1,000 of the first $50,000 of the value of an estate.
After that, the tax is… Continue reading
Descended from early United Empire Loyalists settlers in the area, Blair Townsend is a third generation Norfolk County tobacco farmer. In 1985 during a market downturn, his father and three associates, all tobacco growers, were looking for a way to combine forces and diversify. After considerable market research, they decided to plant popping corn. The variety decided upon was white-hull-less, a “finicky” crop because of… Continue reading
The March 2018 planting intentions report by Statistics Canada estimated Ontario farmers intended to plant 2.2 million acres of grain corn, comparing to a 5-year (2013-2017) average of 2.1 million acres (OMAFRA Crop Statistics).
A cool April coupled with snow and freezing rain events through to the middle of the month limited early field work. A warm dry period during the last week of… Continue reading
Ferrero Canada has signed a new three-year memorandum of understanding with the Ontario Hazelnut Association, doubling its original three-year agreement.
The global chocolate and confectionery manufacturer wants to help develop hazelnut varieties that are suitable for southern Ontario’s climate and soil conditions so the company can have a reliable supply for its Brantford plant and “de-risk” its supply chain, Acevedo said.
Under the original agreement,… Continue reading