Agriculture & Food: 2021 Year in Review

  • Agriculture & Food: 2021 Year in Review

    MLT Aikins Western Canada’s Law Firm

     

    Canada’s food and agriculture industry continued to demonstrate its resilience in 2021 despite a number of monumental challenges, from severe drought and flooding to the ongoing effects of the COVID-19 pandemic.

     

     

    Read the report here.

     

     

    Table of Contents

    Introduction…………………………………………………………………………………………………….…… 2

    Venture Capital in Western Canadian Agriculture……………………………………………………. 3

    Federal and Provincial Financial Supports for Agriculture and Food…………. ……………….3

    Investment in Ag & Food Will Bring Opportunities for Growing Companies…………………3

    Supply Chain Disruptions/Export and Transportation Challenges………………………………4

    IP — Who Owns Your Technology?…………………………………………………………………………..5

    ESG Considerations for Ag Entities……………………………………………………………………….… 7

    What is ESG?………………………………………………………………………………………………………….7

    Overwhelming Majority of Institutional Investors Favour Good ESG Disclosure…………..7

    Retail Investors Continue to Show a Preference for Responsible Investments ………………8

    What Does This Mean for Agriculture Companies?. …………………………………………………..8

    Tax and Estate Planning — Changes to Intergenerational Transfers …………………………….9

    BiologicalsPresent New Possibilities — and Increasing Complexity………………………………10

    Labour Challenges inWestern Canada’sAgriculture &Food Industry…………………………….12

    Federal Government Proposed Amendments to Regulations
    Governing Temporary Foreign Workers Permits………………………………………………………..12

    Federal Government’s Report on Agricultural Stream of
    Temporary Foreign Worker Program………………………………………………………………………. 13

     

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