The Rural Voice, 1991-04, Page 60Ward & Uptigrove
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56 THE RURAL VOICE
NEWS
revenue from his crop is less than the
target revenue.
George estimates that for the first
few years GRIP will be in a deficit, but
should balance over a 15 -year period.
The NISA plan is similar to an
RRSP, but with different tax implica-
tions. Simply put, a farmer, with gov-
ernment assistance, would contribute to
his personal NISA fund in successful
years and draw on it in poorer years.
Farmers have three lines of defence,
George indicated. "First and most im-
portant, is their own management skills,
and second, programs like crop insur-
ance, stabilization, and now, GRIP.
Third, the Grain and Oilseed Safety Net
Committee is working on an emergency
program to help out when all hell breaks
loose." George's examples of the prob-
lems such a program night deal with
include the current situation in the white
bean industry, a serious drought or
flood, or a possible deficit in GRIP.
"Most importantly, in all our discus-
sions with consumers or government of-
ficials we must put the word 'profit' up
front. No industry can survive without
making aprofitand we need to make this
point as farmers. And the next time a fel-
low farmer tells me, `OFA doesn't do
me any good,' especially if he has a
GRIP cheque in his hand, I'll snatch it
away from him," the OFA president
said.0
WINS SCHOLARSHIP
George Thompson of Clirton, On-
tario, has been selected to receive the
prestigious Nuffield Travelling Schol-
arship, and will be in the United King-
dom studying agriculture for the next
four months.
Thompson, a cash crop farmer from
Huron County, has been awarded the
scholarship to study land stewardship
and conservation issues. A graduate
from the University of Guelph, he has
been involved over the past couple of
years in the evaluation of OMAF's Land
Stewardship Program. He is pursuing
his M.Sc. degree, as well as continuing
the operation of his cash crop farm.
The Canadian Nuffield Scholarship
Program helps promising young Cana-
dian farmers study agricultural practices
in other Commonwealth countries.0