Times-Advocate, 1986-08-06, Page 16Pogo 4A
Times,Advocate, Augusi 6, 1986
More formers eligible,
alelieli gives enkaneed b•neflts �nder
n.w OFFIR phin
Deadline for applications is May 18,
1987.
Applications for the new OFFIRR
program will be available from local
OMAF offices beginning September 1,
1986. Further information and ap-
plication forms are also available
from OFFIRR, Farm Assistance Pro-
grams Branch, Ontario Ministry of
Agriculture and Food, 801 Bay Street,
Toronto, Ontario M7A 2B2.
More farmers will be eligible for Tong -term, intermediate and short- interest reduction benefits of the . have less than 10 percent equity." gram or the Beginning Farmers
greater interest rebate assistance term farm debt held by approved Farm Operating Credit Assistance Ontario residents eperating a farm Assistance Program.
under a new three-year program lenders. Program (FOCAP) with the from which they intend to earn a The amount rebate is affected if off -
beginning September 1, Agriculture The new program brings the effec- assistance provided under the family living are eligible , for farm income exceeds 830,000, and if
and Food Minister Jack Riddell an- tive cost of long-term credit down to popular 1985 OFFIRR program. assistance if they have less than 75 participants are receiving interest
nounced, Wednesday. eight percent or a maximum of seven At the end of July, the 1985 OFFIRR percent equity. reduction grants under the 1986
The new Ontario Family Farm In- percentage points. The maximum in- program had helped some 8,490 The antount of eligible debt is F9CAP. Rebates cannot be paid un-
terest Rebate Reduction (OFFIRR) terest rate eligible for rebate on floc- farmers with some $41 million in in- reduced if net worth exceeds $500,000, til after any loan guarantee under the
program, as promised in the 1986 pro- tuating demand loans is prime rate terest relief. More than 10,000 and if participants are already receiv- Ontario Farm Adjustment Assistance
vincial budget, will provide interest plus three percent. farmers applied for the program and ing benefits under the Ontario Junior program or FOCAP has expired or
rebates on up to 8260,000 of existing The new program incorporates the applications are still being processed. Farmer Establishment Loan pro- repayment has been made.
It is expected the program will reach
its target of close to $50 million in
assistance.
The new program offers enhanced
benefits over the 1985 OFFIRR pro-
gram including coverage of short-
term and intermediate farm debt, an
increase in the amount of eligible debt
from $200,000 to $260,000, three years
of assistance, and expanded eligibility
to include Beginning Farmers
Assistance, and expanded eligibility
to include Beginning Farmers
Assistance Program participants.
The operating loan guarantee
aspect of the FOCAP program will
continue as a separate program call-
ed the Operating Loan Guarantee
Program.
The new OFFIRR program pro-
vides benefits of 100 percent in the
first year, 70 percent in the second
and 40 percent in the third. The
rebates are paid directly to the
farmer by cheque.
"This program is targeted to farm
families with equity of 10 to 75 per -
Huron Jr. farmers
prep for games test
What kind of farm person in their
right state of mind would take a day
off work to run a race, throw a soft-
ball or even pitch a softball in a 90
degree heat wave? Very enthusiastic
ones , I expect!
Well, if you have not guessed by
now, they are Junior Farmers. A very
very talented group travelled long
distances from all across Ontario to
compete in the Junior Farmer Pro-
vincial Summer Games, held on a
beautiful August 9, at the University
of Guelph.
Do not think that these talented
athletes did not have to work to have
the chance of competing in these
games. They had all competed at
decided.
At the Provincial Games individual
winners each receive a medal and a
trophy is presented to the Zone with
the highest number of points at the
end of the day. A dance will follow to
end the day's activities.
The games are organized and spon-
sored by the Junior Farmers'
Association of Ontario, a rural youth
organization for young people 15 to 29
years of age.
The following people will be
representing the Huron County Junior
Farmers at the Guelph Summer
Games: Robert Hunking, high jump:
Brenda Hackett, 100 metre; Linda
Cunningham, 200 metre; Neil Cart-
wright, 100 metre; Robert Hunking,
100 metre: Lisa Boonstoppel, 1,600
metre; Neil Cartwright, discus; Bren-
da Hackett, shot put; Larry Plaetzer,
1l
Morrison are participating in the
farm safety rodeo.
Several members will be playing on
a two -pitch as well.
that has suffered most from eroding
equity caused by high interest costs.
The program will also consider pro-
ducers with exceptional ability who
NOSTALGIA TIME — Enjoying a chat at Wednesday's anniversary of the Ausable Bayfield Conserva-
tion Authority are John Stephens, left, John Deeves, Andrew Dixon and Fred Dobbs Sr. Stephens, Dix-
on and Dobbs all served the Authority for lengthy periods, while Deeves is a current member.
in the
GET GAVELS -- Former Ausable Bayfield Conservation Authority chairman John Tinney, centre, and
Ivan Hearn, right, received gavels at the 40th anniversary, Wednesday. General manager Tom Prout
chats with the two. Also honored, but not present, were former chairmen Elgin Thompson and Roylance
Westcott.
CHAIRMAN DONATES To commemorate the 40th anniversary of the Ausable Bayfield Conservation
Authority, chairman Gordon Johnson, left, made a presentation of a conservation poem and illustra-
tions to his organization. Accepting Johnson's gift is vice-chairman Don Lithgow.
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Nobody, not even Dreamstreet of-
ficials, seemed surprised when the
deal with the University of Guelph fell
through.
The Dreamstreet Holsteins Inc.
project was originally intended to
compare red -and -white Holsteins
with black -and -white Holsteins. The
project ran into tremendous,opposi-
tion from almost every sector of the
farm community because
Dreamstreet had received a federal
government tax credit of $10 million
for the research.
That's right, sweetheart: $10
million.
The Onntario Milk Mlarketing
Board would not support it, Univer-
sity of Guelph pooh-poohed the pro-
ject, Holsteins Canada was not en-
thusiastic. I said at the time the idea
was as stupid as trying to prove
whether a zebra was black with white
stripes or white with black stripes.
Then, Dreamstreet and the Cana-
dian couterpart, RedGen Holstein
Research Inc., said the research
could be changed and they would hud-
dle with the University of Guelph to
come up with a research project that
would be worthwhile.
Dreamstreet has turned into a
nightmare alley.
The talks with University of Guelph
officials have collapsed. The univer-
sity demanded an up -front guarantee
of more than $6 million for the 12 -year
life of the project, a reasonable
request.
"It takes years to produce mean-
ingful results from long-term genetic
research," said Dr. Larry Milligan,
the university's dean of research.'
"We had to be assured that the pro-
gram, once started, had enough
money to continue long enough to get
meaningful results."
And Ken McKinnon, chairman of
the Ontario Milk Marketing Board,
said he was not surprised that
negotiations fell through. He main-
tained the university was correct in
'asking for a money guarantee
because, "if they didn't, they might
never have seen it (the money),
McKinnon added.
Maybe Ken knows something we
don't know'? 1
In any event, if the project does not
have the prestigious backing of the
university, then somebody,
somewhere in the federal government
should be questioning somebody on
where the hell our $10 million is go-
ing to go. Agminister John Wise and
Revenue Minister Elmer MacKay the
is still in the Cabinet, isn't he'? I should
be doing something about this.
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"It would be better to stop it
altogether," McKinnon said about a
month ago and 1 agree.
Liberal farm critic Maurice Foster
has been an outspoken opponent of
RedGen and Dreamstreet since day
one. He said he is still convinced that
Dreamstreet's main intention is not
research but getting a major foothold
in the Canadian Holstein business.
The company went to the U of G only
to legitimize the rest of the deal.
Frank Wood of Walton, N.Y., is
president of Dreamstreet. He was
quoted recently as saying an agree-
ment was reached with the universi-
ty on everything else but money. The
agreement also included scrapping
the original idea of comparing the two
types -- red and black -- of animals.
He also revealed last month that the
company has completed a deal to buy
500 acres of land near Bright and
Woodstock in southwestern Ontario.
About 1,600 calves and hefts have
been bought. When they begin to pro-
duce milk, they will be rated tb dairy
farmers who hold milk quota and
Dreamstreet will not "buy any milk
quota whatsoever."
If these companies cannot satisfy
the University of Guelph, they should
not get one penny of taxpayers'
money.
So far (as this is written), Revenue
Canada is maintaining secrecy except
to say that all Scientific Research Tax
Credit projects are undergoing two
audits: one for finances, the other for
scientific merits.
No other project in recent years has
stirred up as much controversy, an-
tipathy and outrage within the farm
community than this $10 -million
Dreamstreet grant.
If the university has nixed it, so
should the government.
.—BRANDY POINT_.-.
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