annual report 2011/12 - Manitoba Agricultural Services Corporation

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5. WILDLIFE DAMAGE COMPENSATION PROGRAMMASC administers the Wildlife Damage Compensation Program, which pays producers for 90% (80% for 2011) ofdamage to agricultural crops and related products caused by waterfowl or wildlife (big game animals), as well as for theinjury or death of domestic livestock caused by natural predators. The first 80% of compensation and all administrativeexpenses are shared by the Government of Canada (60%) and the Province of Manitoba (40%). The remaining 10% ofcompensation for 2012 is paid by the Province of Manitoba.6. FARMLAND SCHOOL TAX REBATE PROGRAMIn April 2005, MASC became responsible for administering the Farmland School Tax Rebate Program. The purposeof the program is to assist Manitoba farmland owners by providing a rebate on the school tax paid on farmland.The rebate of 80% for the 2011 property tax year increased from a rebate of 75% for the 2010 tax year. The programprovides a three-year time frame for claiming rebates. Recorded rebate payments for the 2011 tax year of $36,548,000is comprised of $35,611,000 for the 2011 tax rebates and $937,000 for rebates relating to 2009 and 2010. Included in the2011 tax rebates is a provision of $3,982,000 for rebates that had not been applied for as of March 31, 2012. A provisionof $1,860,000 remains for prior year rebates that remain unclaimed. The Province of Manitoba pays for the full cost ofthe Farmland School Tax Rebate Program.7. OTHER PROGRAMS(A)(B)(C)Inspection ServicesIn support of Manitoba’s agricultural sector, MASC provides inspection services at a reasonable cost (i.e. on abreakeven basis). These services include: grain audits for cash advances issued by the Canadian Wheat Board,production loss assessments for windmill construction and maintenance, certificates of local production forvendors at the St. Norbert Farmers Market, third-party loss appraisals for private sector property insurers, andon-farm livestock inspections for the Manitoba Livestock Cash Advance Program. Such services totalled $68,000(2011 - $44,000).Canada-Manitoba Feed and Transportation Assistance ProgramIn December 2010, MASC became responsible for the administration the Canada-Manitoba Feed andTransportation Assistance Program. The purpose of the program was to provide assistance to Manitobaproducers who experienced a shortage of overwinter feed caused by extreme moisture in 2010. Funding as anAgriRecovery initiative was provided 60% by the Government of Canada and 40% by the Province of Manitoba.Compensation payments and administrative expenses were $9,767,000 and $444,000, respectively, for a total costof $10,211,000 ($208,000 in 2012 and $10,003,000 in 2011).Flood 2011 - Building and Recovery Action PlanIn May 2011, MASC became responsible for the administration of the following flood assistance programsannounced under the Flood 2011 - Building and Recovery Action Plan. All funding for these programs wasprovided to MASC by the Province of Manitoba.a) Lake Manitoba Financial Assistance ProgramPart A - Lake Manitoba Pasture Flooding Assistance: This program assisted Manitoba livestock producersin managing their feed requirements needs due to the loss of pasture in the designated Lake Manitoba FloodZone.Part B - Lake Manitoba Agricultural Infrastructure, Transportation and Crop/Forage Loss: This programassisted agricultural producers with flood mitigation measures, lost crop production, damage to agriculturalinfrastructure and extra costs for feeding and transport of livestock in the Lake Manitoba Flood Zone.Part C - Lake Manitoba Business, Principal and Non-Principal Residence: This program compensatedresidents and businesses for the cost of uninsurable property damage and flood protection measures taken asa direct result of the elevated water levels in the Lake Manitoba Flood Zone.40Manitoba Agricultural SeRVICes Corporation – 2011/12 Annual Report
Part D - Lake Manitoba Flood Protection for Principal Residences, Non-Principal Residences andBusinesses: This program provided financial assistance for flood protection measures undertakenindividually or cooperatively for the purpose of protecting principal residences, non-principal residences andbusiness structures in the Lake Manitoba Flood Zone.b) Hoop and Holler Compensation ProgramThis program provided compensation to families, businesses and agricultural producers in the controlledrelease area of water from the Assiniboine River near the Hoop and Holler Bend on Highway 331 or overflowof water diverted from the Assiniboine River into the Portage Diversion. Compensation covered the cost ofproperty damage, income loss and flood protection measures.c) Dauphin River Flood Assistance ProgramThis program provided compensation to commercial fishers in the Dauphin River area for income lossesresulting from the inability to access their fishery and fish processing facilities.d) Lake Dauphin Emergency Flood Protection ProgramThis program provided financial assistance for emergency structural flood protection measures to protectprincipal residences and non-principal residences in the Lake Dauphin flood zone.e) Shoal Lakes Agricultural Flood Assistance ProgramThis program provided financial support to agricultural producers affected by chronic flooding in the ShoalLakes complex in the Interlake area of Manitoba. This program consisted of assistance for lost incomedue to flooded hay and pasture land in 2010 and 2011, transportation assistance for movement of feedand/or animals, voluntary buy-out option for producers with flooded property and transition assistancefor producers that participate in the voluntary buy-out program. MASC did not administer the buy-outcomponent of this program.The table below outlines the total costs for each program as of March 31, 2012.Compensationactual payments to Provision for TotalProgram march 31, 2012 payments compensation Administration* TotalLake Manitoba Financial Assistance ProgramPart A $ 2,653 $ 100 $ 2,753Part B 19,898 17,700 37,598Part C 19,876 64,000 83,876Part D 1,802 850 2,652$ 44,229 $ 82,650 $ 126,879 $ 10,057 $ 136,936Hoop and Holler Compensation Program 6,214 2,900 9,114 364 9,478Dauphin River Flood Assistance Program 1,847 126 1,973 1 1,974Lake Dauphin Emergency Flood Protection Program 280 31 311 38 349Shoal Lakes Agricultural Flood Assistance Program 3,836 1,500 5,336 7 5,343$ 56,406 $ 87,207 $ 143,613 $ 10,467 $ 154,080*Includes provision for administration of claims in process and appeal commission expenses and is net of any interest revenue.(D) 2011 Manitoba AgriRecovery ProgramsIn June 2011, MASC became responsible for the administration of the following assistance programs. Thepurpose of these programs was to provide financial assistance for the restoration, maintenance and therehabilitation of farms that have been impacted by excess moisture and flooding in 2011.a) 2011 Manitoba Excess Moisture Assistance ProgramThis program provided financial assistance to farmers who could not seed a crop by June 20, 2011 or whohad an annual or newly seeded crop destroyed by flooding or excess moisture prior to September 15, 2011.Producers received $30 per unseeded or drowned out crop acre. This program was partially funded by theGovernment of Canada under the Canada-Manitoba Agricultural Recovery Program. The Government ofCanada provided funding for 60% of the compensation payments (net of a deemed 5% deductible) and 60%Manitoba Agricultural SeRVICes Corporation – 2011/12 Annual Report 41
Page 1: 2011/12Annual ReportLENDING AND INS
Page 4 and 5: The Honourable Philip S. Lee, C.M.,
Page 6: Chair’s MessageThere can be no do
Page 9 and 10: Corporate GovernanceMandate of the
Page 11 and 12: Strategic Plan ReviewMASC’s visio
Page 13 and 14: • Progress on MASC’s corporate-
Page 16 and 17: expected grazing period and the num
Page 18 and 19: Table 1: Summary of 2011/12 AgriIns
Page 20 and 21: Table 2 - Five Year Insurance Stati
Page 22 and 23: Also included in this category are
Page 24 and 25: Rural Entrepreneur Assistance (REA)
Page 26 and 27: Farmland School Tax RebateSince 200
Page 28 and 29: Lake Dauphin Emergency FloodProtect
Page 30 and 31: Responsibility for Financial Statem
Page 32 and 33: Original signed by30MANITOBA AGRICU
Page 34 and 35: Statement of OperationsFor the Year
Page 36 and 37: Statement of Cash FlowsFor the Year
Page 38 and 39: (C)Claims PayableClaims payable is
Page 40 and 41: (N) Measurement UncertaintyThe prep
Page 44 and 45: of the program‘s administrative e
Page 46 and 47: Vacation pay liabilityThe amount re
Page 48 and 49: Remaining terms to maturities are a
Page 50 and 51: The Operating Credit Guarantee for
Page 52 and 53: The estimated farm loan incentives
Page 54 and 55: The Board of Directors is responsib
Page 56 and 57: 2012Scheduled Repaymentsnot Interes
Page 58 and 59: In addition to the financial protec
Page 60 and 61: Schedule 2:Schedule Of OPERATIONS A
Page 62: LENDING CORPORATE OFFICEUnit 100-15

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