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HomeMy WebLinkAboutThe Huron Expositor, 1989-04-26, Page 21Z:C e k ff ° e reduced in :program 'T hefeheelnoiffeeforthe Livestock Finan- 116 claims, -worth over$1.5 millionasince-the Mal Fund has been reduced to program=started. five eents per bead nand contributions "Thesepayments indicate the importance ;have been ,eliminated. 'This additional of this self-financing program to Ontario Teduetion in ees, which went into effect producers," Mr. Riddell said. April 4,ds$hetesult of a continuing effort: by The board has also recovered nearly the Industry to =streamline operations and $580,000 from defaulting dealers since the still provide reasonable, lmcost•protection program began. to producers," said Ontario Minister of The Financial Protection Fund Board is Agricultureand Food Jack Riddell. made up of representatives from the On - "When the fund was established in 1982, , ;tario Cattlemen's Association, Canadian both :buyers and sellers contributed. Fees -Meat Packers Council, Ontario Livestock have been slashed from an original level of Auction Market Association, the Toronto 20 cents for each party involved in the tran- Livestock Exchange and the Ministry of section, to 10 cents when the fund reaehed$2 Agriculture and Food. million in 1984, down to .the five cents per head -announced today. The Ontario Beef Cattle Financial Protec- tion Program created the fund, designed to compensate sellers in case of non-payment by a licensed dealer. The fund is established through deductions on sales of slaughter cattle or cattle and calves that require fur- ther feeding. At the end of the 1989 fiscal year, there was more than $4 million in the If there is any doubt about whether a fund. dealer is licensed or if payment has not been The Financial Protection Fund Board, received, sellers are advised to call the which administers the fund, investigates Livestock Commissioner, collect, at (416) and adjudicates claims and has are-eas,i 3263554. By law, all beef cattle buyers are required to have a license. License holders must demonstrate financial responsiblaty and pay promptly for cattle purchases. Approx- imately 485 dealers are licensed yearly. Producers should sell only to licensed dealers and cash cheques within five bank- ing days of receiving them. OFA terminates membership The Ontario Cattlemen's Association (OCA) has been notified that it no longer holds membership in the Ontario Federa- tion of Agriculture (OFA). The termination of membership stems from an OFA request in mid 1988 that OCA pay a membership fee of $26,000. The OCA Board referred the re- quest to the 1989 Annual Meeting and asked that all county/district Cattlemen's Associations seek producer input at their respective annual meetings in January and early February. Delegates to the OCA Annual Meeting in February set aside the resolution proposing that a membership fee of $26,O0D be paid and in its place debated and approved a resolu- tion that membership in OFA be continued at a membership fee to be negotiated at a level "satisfactory to both organizations". The OCA Board of Directors confirmed an offer of $10,000 which had been made by the Executive Committee. The OFA Board refused to accept less than $20,000and gave the OCA two weeks to commit that amount. Jim Magee, OCA President stated, "In my discussions with the OFA President, I tried to convey the view that the emphasis is on negotiating a fee satisfactory to both par- ties and that we were willing to continue negotiations. I pointed out to the OFA Presi- dent that five of the 11 county associations submitting resolutions to the OCA Annual Meeting proposed a fee much lower than our offer of $10,000, while only three county associations proposed a fee of $20,000 or more with the remainder proposing a negotiated settlement. With the views that our Board members had received from the grassroots level, they felt that the offer of $10,000 for 1989 and a proposal to the 1990 OCA Annual Meeting of $15,000 was a fair of- fer. Even after the OFA Board had demand- ed a fee of at least $20,000, I offered to go back to my Board to see if they would accept a fee in the middle ground if the OFA Presi- dent would do the same. My offer was declined." Contrary to statements by OFA, the OCA Board had not budgeted $26,000 for member- ship in OFA. However, the 1989 preliminary budget showed $26,090 as being the max- imum exposure because the decision on OFA membership had been referred to the 1989 Annual Meeting. Other items in the preliminary budget were also shown at maximum exposure pending the decision by delegates on resolutions at the, Annual Meeting. Mr. Magee concluded "Our office will con- tinue to co-operate with the OFA office just as it has in the past where we have issues of mutual concern. I think it is unfortunate that our organizations were unable to reach a negotiated fee settlement, but then an ultimatum seldom achieves that end." Call Heather or Neil Wi't'h your news t ips 5.27-0240+ t°youvwlsh 'to -secure Ilf•Ylnre lncornalron on zitieSP or are Interested in other RRSP Investments of very competitive rates. coil Arnold J.'Sttnreissen THE HURON EXPOSITbR, 084 Bales - Service t Irtstatlatlon Free' Estimates 4'Barn Cleaners ^ Stabling > Bunk feeders Donald G. Ives R.R. 2 Blyth Brussels 887-9024 2. , T989 — 21* cMaster `ie7mnn INSURANCE '°F' BROKERS INC. Auto'® Home ®'Farm Branch Manager 811..1- (WM.) 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All regular prices•here are our lair everyday ayv prices> - ritatf inflated "suggested list" 'ia'p :to Save .„�l% TA►�tE;�'� 4HANGi'rsIiAtMp,S :may :WINO M ItAttlX 43R0 vin oak, -ash,. er Y,and glaas p��t,. ;• 0 0 =0 to to 10 10 • r0 ;0 „0 611 (1 111 e0200,,ra#s• , t•••• •B;•1•rG+ut1; •.tt•••••)x•_•HOI•w;:•1100•00 b n, •A•.•;1I1.»t•0100.•ta+ttt t,•,• ssa•s• �. s•m•0•14•a ••;.;;.,••x•;A•00At00-00.000 1