Scientific Research and Experimental Development (SR&ED) Tax Credit
2017-2018 Tax Credit – 14% of MWBGA check-off
Farmers who contribute wheat and/or barley check-off dollars to the Manitoba Wheat and Barley Growers Association (MWBGA) are eligible to claim a federal tax credit through the Scientific Research and Experimental Development (SR&ED) program. The tax credit is based on the amount of check-off funds invested in research and development that meet specific criteria set out by the Canada Revenue Agency (CRA).
For the 2017-2018 tax year, 14% of the MWBGA check-off qualifies for the SR&ED tax credit.
Farmers can calculate their total check-off contribution by referring to their wheat and barley sale receipts. Of this total, 14% is eligible to earn an investment tax credit. As an individual, farmers can claim this tax credit up to a maximum of 15% while corporations are able to claim up to 35%. To claim the federal tax credit on your tax returns, you must file a T2038 (IND) for farm proprietorships or a T2SCH31 for farm corporations.
The investment tax credit earned may be used to offset federal tax owing in the current year; or if you do not owe federal tax in the current year, a portion may be refunded to you as an individual or all may be refunded if you are a corporation (CCPC). Other options include carrying the credit forward up to 10 years to offset federal tax or carried back up to three years. All check-off investment tax credit applied against taxes payable, or refunded, must be reported by the producer as income in the subsequent year.
For more information on the process of claiming the tax credit, please consult your accountant or visit the Canada Revenue Agency website.
Please note: A farmer may not claim investment tax credits (ITC’s) on any portion of check-off that has been refunded by the Manitoba Wheat and Barley Growers Association.
MWBGA Welcomes Kate Rodger as Communications Coordinator
Carman, MB – September 18, 2018 – Manitoba Wheat and Barley Growers Association (MWBGA) is excited to announce the hiring of Kate Rodger, who will be filling the organization’s newly established role of Communications Coordinator. Kate will be responsible for implementing communications strategies and extension activities focusing on MWBGA-funded research, market development initiatives and promotion of MWBGA activities and resources to its members and industry stakeholders.
“We are excited to have Kate join the MWBGA team,” says MWBGA Chair Fred Greig. “We are starting to receive final project reports from numerous MWBGA-funded projects. We want to ensure our members hear about our great work and use the results to improve the profitability of their farms.”
Kate obtained a Bachelor of Environmental Studies degree from the University of Manitoba, with a focus in land systems/agriculture. She has training in public involvement and engagement strategies where she learned how to plan and implement effective public initiatives. Kate was a forest firefighter during the 2015/2016 high-risk season, a demanding job that saw her fighting fires across Canada. She is an author and photographer.
Read the complete release here.
MWBGA provides funding of $156,000 to agronomy-focused research through the Integrated Crop Agronomy Cluster
Carman, MB – September 13, 2018 – The Manitoba Wheat and Barley Growers Association (MWBGA) is providing funding of $156,000 over five years through the Integrated Crop Agronomy Research Cluster (ICAC) for agronomy-focused research.
Federal Agriculture Minister Lawrence MacAulay announced the $6.3 million in funding to ICAC through Agriculture and Agri-Food Canada’s CAP program in July 2018. The newly established Integrated Crop Agronomy Cluster is led by the Western Grains Research Foundation (WGRF) and was created to address agronomic challenges farmers face across multiple crops.
The ICAC consists of eight research activities ranging from soil health to herbicide resistance and climate change adaptation. It also includes the coordination of crop insects and disease monitoring, assessing and managing spray drift, developing a risk model for mitigating Fusarium Head Blight, development and management of productive, resilient and sustainable cropping.
“MWBGA is proud to invest in agronomic-focused research that will provide information to farmers not only in Manitoba but across western Canada,” says Fred Greig, MWBGA chair. “We want to thank all the funders of this cluster as we share the same goal of increasing the profitability and sustainability of farmers,” adds Greig.
MWBGA is contributing research dollars to the following ICAC projects:
- Coordinated monitoring of field crop insect pests in the Prairie Ecosystem
- Coordination of a crop disease monitoring network for Western Canada
- Developing a risk model to mitigate FHB in western Canadian cereal production
- Management of glyphosate-resistant kochia in western Canadian cropping systems
- Spray drift management under changing operational requirements
- Optimizing systems productivity, resilience and sustainability in the major Canadian ecozones
- Economic and agronomic performance of emerging cropping systems for western Canada
A comprehensive knowledge transfer plan will be integral to communicating results to farmers and scientists, thereby ensuring results will be used to address agronomic questions existing in western Canada.
Other Funders of the Integrated Crop Agronomy Cluster: The Alberta Pulse Growers, Alberta Wheat Commission, Brewing and Malting Barley Research Institute, Manitoba Canola Growers Association, Manitoba Pulse and Soybean Growers, Manitoba Wheat and Barley Growers Association, Prairie Oat Growers Association, Saskatchewan Canola Development Commission, Saskatchewan Pulse Growers, Saskatchewan Wheat Development Commission
Collaborating Research Organizations: Agriculture and Agri-Food Canada, Alberta Agriculture and Forestry, Agri-Metrix, Brandon University, Farming Smarter, InnoTech Alberta, Prairie Agricultural Machinery Institute, Smoky Applied Research and Demonstration Association, University of Alberta, University of Manitoba, University of Saskatchewan, and Western Applied Research Corporation
Agriculture and Agri-Food Canada and Cereals Canada Launch a National Report That Aims to Improve the Profitability of Canada’s Wheat Industry
Agriculture and Agri-Food Canada and Cereals Canada released the 2017 Canadian Wheat Research Priorities report. Wheat Research Priorities were developed as a national collaboration of farmers, federal and provincial governments, public research institutions, exporters and processors in an effort led by Cereals Canada and Agriculture and Agri-Food Canada. The report succinctly lays out the priority areas of research that public, private and producer groups should focus on for the next five years in order to ensure this $7 billion wheat industry remains strong and grows in the future.
This is a project that MWBGA have invested in with staff and board member time beginning back in March 2015. The report is a truly national effort with representation from all of Canada, from funders and research providers, including producer organizations, governments, grain handlers and life science companies.
Read the full report: 2017 Canadian Wheat Research Priorities Report
View the News Release issued September 19, 2017 on the Cereals Canada website here.
CGC financial protection may not cover deferrals
Information provided by Keystone Agricultural Producers – September 13, 2017 KAP Alert
Producers are covered by CGC financial protection for 30 days from when a grain company issues payment, or for 90 days from the date of grain delivery if the producer chooses not to sell immediately. The lesser of these two time periods applies. The 30-day stipulation also applies to deferred grain tickets. This means that if a licensed grain company gives you a post-dated cheque for payment, you are covered for 30 days maximum from the date the cheque was issued, regardless of the deferred date on the cheque. More info.
Canadian International Grains Institute announces new board and funding model
Three provincial wheat commissions and seven grain companies/handlers become core funders, new board will oversee Cigi’s future direction
WINNIPEG – The Canadian International Grains Institute is pleased to announce its new board of directors, signalling the beginning of a new funding model and board structure for the organization.
Comprising five representatives from the provincial wheat commissions in Western Canada and five representatives from the grain handlers/exporter sector, the board was elected at Cigi’s Annual General Meeting on June 29, 2017. The new board officers and directors are:
Chair: Kevin Bender, Alberta Wheat Commission
Vice Chair: Brent Watchorn, Richardson International Limited
Secretary: Jim Smolik, Cargill Canada
Directors: Drew Baker, Manitoba Wheat and Barley Growers Association; Harvey Brooks, Saskatchewan Wheat Development Commission; Bill Gehl, Saskatchewan Wheat Development Commission; Trent Rude, Viterra; Jean-Marc Ruest, Richardson International Limited; Gary Stanford, Alberta Wheat Commission; Ward Weisensel, G3 Canada Limited.
Read the entire News Release here.
Barley Council of Canada launches new resource for Canadian farmers
The Barley Council of Canada (BCC) has launched a brand new resource for Canadian farmers—growbarley.com. Developed as a farmer-focused website, GrowBarley brings information on barley production and industry together into one easily accessible place.
The core content is focused on barley production information and resources, and is divided into six categories for easy navigation:
- Variety selection
- Seeding strategies
- Nutrient management
- Integrated pest management
- Harvest strategies
- Storage and delivery
View Barley Council of Canada’s News Release here.
Fusarium Head Blight – Risk Maps & Fungicide Application Resources
Daily Fusarium Head Blight Risk Maps are now being produced by Manitoba Agriculture, showing the current risk for the development of this disease based on the previous 7 days of temperature and moisture recorded from weather stations throughout agricultural-Manitoba. When evaluating risk, it is very important to monitor the stage of the crop.
Infection can occur if the crop is at or near the flowering stage. It is also important to keep in mind that local conditions will vary based on weather and soil properties and that the risk of fusarium head blight may change rapidly. Maps will be posted daily until the end of the flowering period for spring wheat.
FHB risk maps are available in both Saskatchewan and Manitoba. At a glance, on a given day the maps may appear to indicate a different risk for growers in each province, which can be concerning for farms along the Manitoba-Saskatchewan border. However, closer examination will reveal minor differences in the models and maps useful for considering FHB risk. Learn more about those differences here.
Additional resources on fungicide application timing for suppression of Fusarium head blight can be found at the following web pages:
- Saskatchewan Wheat Development Commission Fusarium Resources:
- Real Agriculture’s Wheat School Resources:
- Fungicide Choice & Growth Stage Timing for Wheat and Barley
Refer to the Guide to Crop Protection 2017 as it provides information on the use of fungicides, herbicides and insecticides for control of plant diseases, weeds and insects. This publication is only a guide. Always refer to the product label for application details and precautions.
Learn More About Beneficial Insects in Your Crops
Check out the Western Grains Research Foundation ‘Field Heroes’ Awareness campaign. It encourages growers and agronomists to consider beneficial insects in crop production recommendations and decisions. Insect photos, scouting techniques and best management practices are available at www.fieldheroes.ca.
Scouting your cereals? Look for these beneficial insects as outlined in the factsheeet Scouting for Beneficials in Cereals. Beneficial insects can help with control of yield-robbing insect pests and are an important part of integrated pest management.
Midge Tolerant Soft White Spring Wheat
The Midge Tolerant Wheat (MTW) Stewardship Team has developed a one-page 8.5×11 “poster” to communicate the need for stewardship with some Soft White Spring (SWS) wheat varieties. It is available here.
A paragraph (with poster and interview link) has also been added to the MTW website home page: http://www.midgetolerantwheat.ca
There is No Plan B. The MTW Stewardship Tem is counting on wheat growers to “do the right thing” and participate in the stewardship plan for soft white spring varieties.