Manitoba announces reduced rent on agricultural Crown land
Global News
The measure will bring the reduction rate up to 55 per cent from 33 per cent for the 2024 growing season.
Today, Manitoba announced that it will temporarily reduce costs for farmers using Crown land for grazing, haying and yearly cropping.
The measure will bring the reduction rate up to 55 per cent from 33 per cent for the 2024 growing season.
Carson Callum, general manager with Manitoba Beef Producers, said he is pleased with the announcement.
“It’s a really positive step forward,” he said. “I think the rental rate reduction for another year will be very helpful for producers to weather the inflationary pressures.”
Keystone Agricultural Producers (KAP) also commended the move on X, formerly known as Twitter.
In a statement to Global News, KAP added that “increasing the rent reduction to 55 per cent will result in additional financial relief for MB cattle producers. We are hopeful this is the first of many efforts by the new government to work in collaboration with Manitoba producers, and to address their concerns with concrete actions.”
Premier Wab Kinew said the change in rent will keep about $2 million in the agricultural industry –money in the pockets of farmers.