Proposed regulatory amendments to O. Reg. 484/09: Grain - Plan and O. Reg. 485/09: Grain - Marketing.
O. Reg. 484/09
O. Reg. 485/09
Regulation - Minister
Bill or Act:
Farm Products Marketing Act
Summary of Proposal:
At the request of the Grain Farmers of Ontario (GFO), the Ontario Farm Products Marketing Commission (Commission) is proposing amendments to:
oO. Reg. 484/09 to remove a requirement for GFO to undertake a mandatory review of its district structure every five years. The changes would align GFO's plan regulation with other marketing board plan regulations
oO. Reg. 485/09 to remove restrictions that limit GFO's authority to establish funds, allowing the board to establish funds consistent with its mandate, and revoke redundant provisions related to wheat marketing.
GFO has been in existence since 2009 and is a stable and well-run organization. There is no need to retain in regulation the requirement to conduct a mandatory five-year review of the district structure.
Currently, GFO is only authorized to establish a wheat price risk mitigation fund (WMF). This fund was established to specifically support GFO's wheat trading and marketing program. As GFO will no longer be offering wheat trading/marketing services after June 1, 2021, the board would like to re-invest these producer assets in strategic initiatives that benefit the entire grain sector.
The Commission will also provide GFO with the authority to establish funds that are consistent with its mandate.
Analysis of Regulatory Impact:
There are no compliance or new administrative costs associated with the amendments to O. Reg. 484/09: Grain - Plan and O. Reg. 485/09: Grain - Marketing.
Amendments to O. Reg. 484/09 would save the GFO costs related to board member and staff time and resources that are no longer needed to carry out the mandatory five-year review. Other savings could consist of external supplies and services used to carry out the reviews.
July 28, 2021
Comments Due Date:
September 13, 2021
Branch: Ontario Farm Products Marketing Commission Secretariat
Address:1 Stone Road West, Guelph, ON N1G 4Y2