Presentation on theme: "MANITOBA PORK COUNCIL AGM 9 TH APRIL 2014 GENERAL MANAGER REPORT ANDREW DICKSON."— Presentation transcript:
MANITOBA PORK COUNCIL AGM 9 TH APRIL 2014 GENERAL MANAGER REPORT ANDREW DICKSON
Manitoba Pork Credit Corporation APP provides producers with a critical source of working capital at low rate of interest, with interest on first $100,000 paid by federal government APP Working with AAFC and Royal Bank of Canada to obtain credit line of $20m for new loans for April start APP 88 producers obtain loans $16.3 million in total $8.4 million interest free loans $7.9 million interest bearing loans Almost 50% loans are in Manitoba
APP Emergency Loan Program 124 open files as of April 1, 2013 By 31 st Dec over 54% was paid off 62% of producers who had loans outstanding at the beginning of the year have: paid off their loans rolled over their loan into the APP entered into a 5 year agreement or a 10 year agreement.
Summary of APP Emergency Loan program: 32 Late Repayments totaling $4.8 million 15 Rollovers into the APP 20 five year agreements totaling $3.5 million 14 ten year agreements (with federal government) 43 files sent to federal government for collection ( Received payment + interest for 40 files to date) Received $314, from the federal government for the interest differential on interest free account in October, 2013.
COUNTRY OF ORIGIN LABELLING WTO 4 th Dec 2012 WTO sets 23 rd May 2013 for US to come into compliance with Appeal Panel Ruling 23 rd May 2013 USDA amends COOL regulations: detailed labels still require segregation 24 th May Canada objects to WTO ….. changes do not bring US into compliance 10 th June Canada/US agree on how to proceed on non-compliance WTO procedures 15 th June Canada publishes list of potential products subject to retaliatory duties 19 th August Canada requests WTO for Compliance Panel 27 th September WTO appoints Compliance Panel -members are same as first Panel
31 st Oct First Written Submissions to Compliance Panel 19 th Dec. Second Written Submissions to Panel 2014 18 th -19 th Feb Panel Hearing in Geneva- oral presentations 23 rd March Written Comments on Q&As from Panel June-July…Panel Report Summer …..appeals Fall….Application for retaliatory measures to WTO 2015 approval for retaliatory measures
Meanwhile back at the farm…….. Spring 2013 Canada launches major effort to advocate for changes to the US FARM BILL US farm organizations form coalition to advocate repeal of COOL Numerous meetings of Canadian government representatives and farm organizations with all stakeholders in Farm Bill process Marker put in draft Bill to force discussion at Conference stage Tentative signals on possible amendments…..evaporated overnight Farm Bill with no changes to COOL signed into law 7 th Feb. 2014
Meanwhile back at the fort……( ) Constitutional Challenge Coalition of farm organizations lead by American Meat Institute (+ CPC and CCA) formed to challenge constitutionality of COOL Argument: COOL is form of compelled speech which is not required to provide consumer information, and USDA went beyond its authority in Farm Bill July: AMI files case in District Court and seeks injunction to stop USDA September: injunction against USDA was denied but AMI appeals January: hearing with Appeals Court (3 judges) March: Appeals Court supports lower court decision April: Appeals Court decides to re-hear case with full Panel
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