Bibeau says...

[Sheepwheat]

Farmers need to tap into existing programs before new money flows. Including the 252 million dollar farce of which zero farmers got a penny, nor will get a penny.

I presume she’s talking agriinvest? CTV news and 650 news talk.

Anyway...

[chuckChuck]

Yup. 2 Billion sitting in Agri Invest. The problem is the farmers who need help probably have drained their agri invest and the $2 billion is in the hands of farmers who don't need it as much.

[15444]

So everyone who took CERB drained their savings and investments beforehand?

****ing frog ****.

[TASFarms]

The American farmer gets another payment from their government. $.3 to $.67 per bushel because the markets are soft

[Grahamp]

I am genuinely curious why you would leave money in an Agri Invest account. If you don’t need the money surely it could get a higher return somewhere. I have never left mine in more than a day lol.

[GDR]

I am genuinely curious why you would leave money in an Agri Invest account. If you don’t need the money surely it could get a higher return somewhere. I have never left mine in more than a day lol.

True but I've left mine waiting for a lower profit year to minimize the tax burden. Also does feel kinda nice knowing the money is there and can be accessed immediately when the shit hits the fan.

And if I had withdrawn a year ago and put in the markets, we both know I'd have less than I do now.

[SASKFARMER]

I did leave money in my Agrinvest account it didn’t matter if it sits there, yea better return other places some will argue but I don’t care. Monday it will be pulled and put someplace special.

Piss on her I’m sick of these liberal fools.

[Grahamp]

True but I've left mine waiting for a lower profit year to minimize the tax burden. Also does feel kinda nice knowing the money is there and can be accessed immediately when the shit hits the fan.

And if I had withdrawn a year ago and put in the markets, we both know I'd have less than I do now.

I hadn’t thought of taxes, I guess you can tell it’s been a while since I have been in the black.

[SASKFARMER]

Good points on the tax low income year you empty it.

[ajl]

True but I've left mine waiting for a lower profit year to minimize the tax burden. Also does feel kinda nice knowing the money is there and can be accessed immediately when the shit hits the fan.

Looks like opportunity knocking this year. I have been taking mine out slowly hoping there will be enough to make it through to retirement. With how crappy the weather has been here, taxes are the last thing to worry about.