Secretary of State defends interests of hatching egg producers
QUEBEC – The Honourable Christian Paradis, Secretary of State for Agriculture, today made the following statement after his address to Quebec hatching egg producers at their annual general meeting in Trois-Rivières.
“Quebec hatching egg producers play a very important role in the Quebec and Canadian economies.
“You have completed a large part of the work in the crucial area of traceability. I recognize the excellent job that Quebec, and Agri-Traçabilité Québec in particular, have done to help develop a national agriculture and agri-food sector traceability system for the four priority species – poultry, cattle, hogs and sheep.
“In Budget 2007, the new government added $1 billion in new investments across Canada, a significant amount which will allow us to improve national farm income programs. Since taking office, we have demonstrated our commitment in a tangible way: in excess of $4.5 billion more for producers in Quebec and across Canada.
“To make intergenerational transfer easier, we are also increasing the lifetime capital gains exemption from $500,000 to $750,000. This will have a direct impact on transfer prices, and farmers as well as small businesses in Quebec will save approximately $12.6 million.
“Canada’s New Government is ready and willing to work with you and with the entire Canadian poultry sector to meet future challenges and seize future opportunities.”
“You have completed a large part of the work in the crucial area of traceability. I recognize the excellent job that Quebec, and Agri-Traçabilité Québec in particular, have done to help develop a national agriculture and agri-food sector traceability system for the four priority species – poultry, cattle, hogs and sheep.
“In Budget 2007, the new government added $1 billion in new investments across Canada, a significant amount which will allow us to improve national farm income programs. Since taking office, we have demonstrated our commitment in a tangible way: in excess of $4.5 billion more for producers in Quebec and across Canada.
“To make intergenerational transfer easier, we are also increasing the lifetime capital gains exemption from $500,000 to $750,000. This will have a direct impact on transfer prices, and farmers as well as small businesses in Quebec will save approximately $12.6 million.
“Canada’s New Government is ready and willing to work with you and with the entire Canadian poultry sector to meet future challenges and seize future opportunities.”