Tristar would like to Congratulate Bill Penner in Poultry Sales and the entire Tristar team on reaching Gold Dealer status with Val-Co Sales. For all of your Poultry needs, call Bill at our office and he will ensure he find the right product suited towards your needs!
More great news from our government for future and current young farmers:
March 25, 2019
MANITOBA EXPANDS REBATE
AVAILABLE TO YOUNG FARMERS
As part of Budget 2019, the Manitoba government is partnering with the Manitoba Agricultural Services Corporation (MASC) to increase the maximum amount eligible for the Young Farmer Rebate program to $200,000 from $150,000, Agriculture Minister Ralph Eichler announced today.
“One of our government’s priorities is to increase the number of young people in the agriculture industry,” Eichler said. “Increasing the young farmer rebate supports our focus on young producers by reducing the cost of borrowing while they grow their operations.”
Recent census data shows the average age of a Manitoba producer is over 53. In consultation with stakeholders, industry groups and young producers, it was noted that assistance for young farmers is necessary, given rising costs and changes in farm economics over the past decade.
The program provides an annual rebate of up to two per cent on the principal of a loan from MASC for up to five years. As a result of the expansion, the lifetime maximum rebate will also increase, to $20,000 from $15,000.
“Agriculture is the backbone of Manitoba’s rural economy, and young farmers are the future of the industry’s growth,” said Jared Munro, president and CEO, MASC. “This enhancement to the Young Farmer Rebate program is expected to provide an additional $500,000 in interest reductions next fiscal year.”
MASC designs and administers lending and insurance programs targeted at young and beginning farmers. As farms consolidate and barriers to entry increase, MASC is enhancing its programs, with a target that 75 per cent of new loan approvals be for young farmers.
The young farmer rebate program is part of MASC’s Bridging Generations Initiative, which provides producers under the age of 40 with financial incentives and customized terms and repayment options. In 2017-18, MASC issued 815 direct loans under the Young Farmer Rebate program. Other measures geared at young producers include higher percentages of available financing for large purchases and the ability to make interest-only payments for the first five years of a loan.
Eichler noted this change will be implemented on April 1. For more information on Budget 2019, visit www.gov.mb.ca/budget2019/index.html.
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Bill Penner & Nico Vos of Tristar; along with Brad Mandryk, President, and Amy Carter, General Manager of Clark Ag Systems based in Caledonia Ontario, are extremely pleased to announce that effective September 27, 2016, Clark Ag Systems has entered into a distribution partnership agreement with Tristar Dairy Centre Ltd. Tristar will sell, install and service the renowned Farmer Automatic brand of layer poultry housing across Manitoba and Eastern Saskatchewan, fully supported by Clark Ag Systems. Located in the heart of the Manitoba poultry sector just south of Winnipeg, Tristar has been reliably servicing the poultry industry for nearly a decade. The Tristar poultry division, led by Bill Penner, specializes in poultry barn design, building turnkey poultry installation projects and after sales 24/7 service.
“We were looking for a partner in Manitoba and Saskatchewan that mirrored our passion for sales, service and support, with a local presence, including warehousing capabilities and a stellar reputation for customer service excellence. We have found that in Tristar and are extremely excited about the future of the Farmer Automatic brand in Midwestern Canada” says Amy Carter of Clark Ag Systems.
With the rapidly changing landscape of the layer housing requirements across Canada, Clark Ag Systems, Tristar and Farmer Automatic are well positioned to offer their full line of enriched and aviary layer housing solutions to producers across Manitoba, Saskatchewan and beyond. For any inquiries, please call Clark Ag Systems at 1-800-263-6410 or visit www.clarkagsystems.com