Classification of capital investment for farm
1 - Land and buildings
Included are the purchase of farmland, farmhouse and any other farm buildings.
2 - Land improvements
Included are expenditures to make land suitable for general agricultural use such as clearing of land, levelling, irrigation, drainage and orchard planting.
3 - House construction
Included is the construction of a new farmhouse or any renovations to the existing farmhouse.
4 - Manure storage construction
Included is construction or any renovations of concrete manure tanks and concrete-walled manure storage, including composting building and facilities.
5 - Pesticide, chemical and fuel storage construction
Included is construction or any renovations of buildings or facilities used only for storing pesticides or chemicals and tanks for storing fuel or gasoline.
6 - Other building construction
Included is construction or any renovations to barns, silos, sheds or garages.
7 - Environmental protection improvements
Included are shelterbelts, windbreaks, buffer strips or fences for waterways protection.
8 - Breeding and replacing livestock
Livestock purchased with the intention of being kept on the operation for breeding purposes and for more than one year. Included are bulls, cows, heifers for replacement, boars, sows, bred gilts, rams, ewes, replacement lambs and goats for milk or hair.
9 - Quota
An entitlement or right to sell or deliver a certain amount of an agricultural product, in particular, milk, eggs, poultry and tobacco. Depending on the product and the regulations prevailing in the province of sale, quotas may or may not be purchased separately from real estate. Only quota purchased separately from other assets are reported.
10 - Farm machinery and equipment
Included are the purchase of new or used farm cars and trucks, tractors, trailers, office equipment and equipment for feeding, tillage, seeding, harvesting, processing, etc. All values reported reflect the gross expenditure before trade-in, and include leased farm machinery and equipment since 2001.
11 - Other farm assets
Included are purchases of stocks, shares, bonds, Guaranteed Investment Certificates (GICs), mutual funds and any reinvested dividends. Excluded are contributions to RRSPs.
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