ANNUAL REPORT 2017-18 · However, market access barriers hit the industry hard in November 2017 and persisted for most of the crop year. Once the harvest was completed, the 2017-18

Alberta Pulse Growers | 1

ANNUAL REPORT 2017-18

2 | Alberta Pulse Growers

TABLE OF CONTENTS

1 Mission, Vision, and Values

2 Chair’s Report

3 Executive Director’s Message

4 Progress on APG’s Five-Year Strategic Plan

5 Agronomy & Extension

6 Research

7 Marketing

8 Policy

9 Partnerships

10 Zone Reports

12 Pulse Canada

13 Grain Growers of Canada

14 Audit and Finance

15 Financial Statements

16 Management’s Responsibility

17 Independent Auditor’s Report

18 Statement of Financial Position

29 Board of Directors & Staff

VALUES

ALBERTA PULSE GROWERS

VISIONHave Alberta pulses recognized

by consumers as environmentally

friendly, healthy, and nutritional,

and by all producers as being an

essential element in a sustainable

cropping system.

MISSIONTo provide leadership, increasing

the competitiveness, profitability,

and sustainability of pulse

production as well as promoting

the health and environment

benefits of pulses.

COLLABORATION ACCOUNTABILITY OPTIMISM

INNOVATION SUSTAINABILITY



We were enjoying a few years of record or near-record

acreage and excited for the amazing strides we had been

involved in making with consumers at home and abroad

when we were notified of tariffs and trade restrictions in

exporting to India, which had been our top market.

When Alberta pulse producers think of the last year, I’m

certain this is among the first events to come to their

minds. This development was so significant that it impacted

the pea acreage in 2017-18, but not to the degree that had

been feared.

Seeding estimates placed acres planted to pulses in Alberta

at about 500,000 or so less than the previous year, when

Alberta farmers planted almost 2.3 million acres. A record

high of 2.4 million acres of pulses were planted in 2016. If

the seeding estimate of 1.87 million acres is correct, then

pulse acreage in 2018 was on par with 2015.

The smaller decline in pulse acreage than some expected

can be attributed to growers continuing to include pulses

in rotation for the benefit to soil and future crops. There is

also an optimism about market growth in other countries

like China and at home with pulses being included in

a growing number of products. Pulses are increasingly

recognized as a sustainable plant protein and important

in the fight against climate change.

APG’s goals for the industry as we approach the latter

part of a five-year strategic plan (2015-20) continue to

be sustainable, measured growth and expansion, though

progress has not been as aggressive in some areas due

to the trade issues of the last year.

There is much to celebrate in some other areas. Growers

will continue to benefit from APG’s record investment in

research projects targeting improvements in genetics, yield,

sustainability and health over the last several years and

partnering on projects to maximize grower dollars.

Partnership was also important to APG’s policy work as APG

members share many of the same concerns as members of

other Alberta crop commissions, pulse organizations across

the country, and Canadian grain producers. As a result of

these collaborations, we were able to maximize resources

and amplify our voices as members of groups including

Team Alberta, AgCoalition and Pulse Canada.

All of these activities are communicated to APG’s 6,000

members and other stakeholders through various channels,

including the quarterly Pulse Crop News magazine, a bi-

weekly Pulse Check e-newsletter, Twitter, and a strong

presence at trade shows and events like CanolaPALOOZA.

APG’s Board of Directors is also pleased to be able to

ease some of the financial pressure that pulse producers

may experience by reducing the service fee from 1% to

0.75% effective August 1, 2018. The Board reviewed APG’s

commitments, goals and finances and determined that APG

can continue making meaningful investments in priority

areas with a reduced levy.

In 2017-18, APG thanked outgoing Zone 3 Director Ryan

Kubinec and Zone 4 Director Fraser Robertson for their

advice and dedication during their years as directors. Both

will be missed at the provincial board level but continue

as advisors in their respective zones. The board welcomed

new Directors Dan Visser in Zone 3 and Jerome Isaac in

Zone 4 in January and has already begun to benefit from

the fresh perspectives and expertise that they bring.

CHAIR’S REPORTD’Arcy Hilgartner

Alberta Pulse Growers (APG) had many high points in 2017-18 despite some challenges that were beyond our control.


The growing season began with a more typical harvest

versus the previous year’s challenges. However, market

access barriers hit the industry hard in November 2017 and

persisted for most of the crop year. Once the harvest was

completed, the 2017-18 acreage was not as far below the

record acreage of 2.4 million as feared. This provided APG

with service fee collection of just under $6 million.

Movement of the 2017-18 crop was significantly

slowed with India out of the market from November

through to the new crop year. India’s pulse imports

dropped drastically as they focused on a domestic pulse

strategy and demonstrated to the global industry their

unpredictable and inconsistent plans. National outreach

directly to Indian authorities was elevated to the most

senior level to deal with the issue and this work continues.

This one market was probably one of the most significant

reasons seeding intentions were impacted.

The APG board approved a strategic decision in November

2017 that was endorsed by the membership at the

Annual General Meeting seeing a significant change

for growers taking the service fees (levy) from 1% down

to 0.75%. This reduction arose due to a multitude of

factors that may potentially impact growers such as

value capture programs, rising input costs, and carbon

tax implementation. The organization will continue to

promote the opportunity for pulse crop inclusion in

rotation aiming at a yearly goal of 15% of arable land in

Alberta having the option of a pulse crop. Funding coming

into the organization will also continue to be prioritized

for research, market development, and grower extension

efforts, as well as support for national engagement

through Pulse Canada and Grain Growers of Canada

and continued policy efforts within the Team Alberta

collaboration.

APG’s investment potential is significant to Agri-Science

clusters with the submission of applications

for Pulse Science Cluster and the Agronomy Cluster.

More than $2.3 million has been set aside for the

investment in pulse breeding, agronomy, food product

development and health initiatives. Collaborative

agronomy efforts in the Integrated Agronomy Cluster

also saw a $110,000 investment.

Meanwhile, APG is now a registered lobbyist in Alberta

due to the amount of engagement with Team Alberta.

Team Alberta is gaining traction and the level of policy

engagement between Alberta’s largest crop commissions

is a value for growers as the groups provide a strong

voice on important messages that elected officials

and government representatives need to hear to

influence policy implementation. Key feedback this

year included commentary on transportation, market

access, sustainability and climate change. While APG is

a registered lobbyist provincially, APG also participates

nationally in experiences with Team Alberta in Ottawa

as well as with national organizations like Grain Growers

of Canada and Pulse Canada.

APG bolstered the staff complement this year with the

addition of a Research Officer. This addition of scientific

expertise complements the knowledge of staff already

working on behalf of growers.

During the year, APG also moved to a new and more

functional office space.

The Alberta Pulse Growers leadership continues to

provide a strong voice for growers, as well as explore

opportunities for market development and diversification

in order to secure the best possible outcome for Alberta

pulse producers.

EXECUTIVE DIRECTOR’S MESSAGE

Leanne Fischbuch

The 2017-18 crop year for Alberta Pulse Growers could best be described as difficult.

GROWER SUPPORT• Met with governments to highlight climate impacts/unharvested acres

• Co-hosted 6th annual Chops and Crops Reception for MLAs

• New Regional Variety Trial Program

• Continued strong support of FarmTech

• Hosted 5th annual Alberta Crops Breakfast

• Up-to-date grower info available on website now at albertapulse.com and sent to 790 subscribers bi-weekly via Pulse Check e-newsletter

• Increased participation in events like CanolaPALOOZA

PRODUCER PROFITABILITY• 9% arable land planted to pulses

• Significant research investment with many partners to amplify grower investment

• Plot to Field included 3 independent agronomists & 9 producer cooperators

• Increasing chickpea acres

• Significant producer interest in soybeans

MARKETING

• Alberta Field Pea first agri-food commodity in North America to earn Environmental Product Declaration

• 60,704 copies of print resources sent to consumers

• 11,303 print resources and 435 Gift Cards worth $10,875 sent to 61 schools/programs

• 6,543 followers on @AlbertaPulse Twitter account

• 904 followers on relaunched Facebook account for consumers

PROGRESS ON APG’S

YEARSTRATEGIC PLANThe following shows the progress made towards the goals outlined in APG’s five-year strategic plan for 2015 to 2020.

Progress continued to be made in several areas during 2017-18 in Marketing, Grower Support and Producer Profitability though not at the pace of recent years.


producers went through the grading process, learned about

agronomy and mechanical handling of pulses to ensure producers can

make the grade.

MAKING THE GRADE

45+

AGRONOMY & EXTENSIONApplied Research Field DaysAttended six, presented at three reaching over 300 existing and new producers of pulses.

CanolaPALOOZAMore than 120 plants dug up and the opportunity to engage over 600 existing and new producers.

FarmTech2,000 conference participants, many visited the APG booth, and attended three presentations including the AGM and concurrent sessions on Plot to Field.

Other ConferencesAgronomy Update, Farming Smarter and many other conferences attended where producers were exposed to the pulse crops to be potentially grown on their fields.

Pulse CheckOver 20 timely email newsletters pertaining to agronomy, marketing and production of pulse crops in Alberta sent bi-weekly to more than 700 subscribers.


RESEARCH• Engaged in planning and project development in two

science clusters working with other provincial pulse groups and Pulse Canada to develop common priorities and identify research gaps.

• Increased staff capacity to better manage and plan research activities.

• Successful second season for the Plot to Field program that had farm-scale research trials at 10 locations spanning the province.

• Staff presented at FarmTech, and an international pulse conference in Morocco, as well as attended Bean

Improvement Co-operative (BIC) meetings and North American Pulse Improvement Association (NAPIA) meetings in Michigan, and Prairie Grains Development Committee as a voting member for pulse and special crops variety registration committee.

• Worked collaboratively to address Pest Management Regulatory Agency’s review of imidacloprid.

• Worked collaboratively with Alberta Agriculture and Forestry to take over management of pulse Regional Variety Trials.

Currently funding 41 research projects worth

more than

in 2017-18 including genetic improvement, disease management, pea leaf weevil control, processing

of pulses into value-added products, pulses as part of maintaining

and improving health.

$10 million

Dr. Yantai Gan, Senior Research Scientist with Agriculture and Agri-Food Canada, examines a chickpea field in Swift Current for his APG-funded project called Optimizing systems productivity, resilience and sustainability in the major Canadian ecozones.

Seeding of 2018 pea crop at APG’s Plot to Field site near Fort Vermilion.



MARKETING

ENVIRONMENTAL PRODUCT DECLARATION FOR ALBERTA PEAS

Alberta Field Peas is the first agri-food commodity to

have a certified Environmental Product Declaration (EPD)

in North America.

Alberta Pulse Growers (APG) and Alberta Agriculture and

Forestry worked collaboratively through the process of

applying and receiving an EPD certification, which is a

globally recognized, third-party verified, standardized

environmental marketing communication tool under

the International EPD® System.

The Alberta Peas EPD is based on the 2016 life cycle

assessment (LCA) that was completed using Alberta pulse

producers on-farm information.

An EPD shows the world that Alberta pea growers care

about environmentally responsible farm practices. By

creating an EPD, APG can communicate in a credible and

transparent way to its stakeholders the environmental

impact of Alberta pea production. Because all EPDs in

a product group use the same rules, the data of this

EPD can be compared with EPDs of other products to

highlight differences. This makes it a powerful business

and marketing tool for APG and its members to stake a

claim as being environmentally responsible. This certified

declaration will enhance the Alberta Peas brand reputation

and strengthen trust with its customers and consumers.

• Two new APG recipe booklets featuring 25 new recipes.

• Four pulse food demonstrations reaching 100 students,

teachers and consumers.

• Six pulse workshops with 48 educators,

health professionals and consumers.

• Three Chef to Chef pulse workshops with 50 culinary

arts students.

• Ag education for 10,793 children through Aggie Days,

Amazing Ag and City Slickers.

• Highlighted Alberta pulses at food events like

Canada Agriculture Day, Prairie on a Plate, Prairie Grid

Dinner Series, Christmas in November, Edmonton Home

& Garden Show, and Global Edmonton.

• Shared 60,704 print resources with health

professionals and consumers.

• Shared 11,303 print resources and 435 gift cards

worth $10,875 with 61 schools/programs.

APG Food and Nutrition Coordinator Debra McLennan demonstrates cooking with pulses at the Western Showcase Kitchen Theatre at Calgary Stampede.

The Mixed Berry Aqua Faba Meringue Pie was a recipe developed to include the popular meringue made with chickpea water for the APG recipe booklet Alberta Pulses from Coast to Coast inspired by Canada’s 150th birthday.

POLICYAPG registered as an official lobbyist with the

Ethics Commissioner in Alberta.

Staff and/or directors met with over 25 MLAs and 50 MPs

and Senators in addition to senior bureaucrats.

APG provided input, feedback or sought out elected

official engagement to maintain and enhance the policy

environment in which your farm operates. Primary

activities are listed below.

• Wetland and water policy development through Agri-

Environmental Partnership of Alberta (AEPA) and Crop

Sector Working Group (CSWG).

• Advocated for retention of crop protection products-

working hard to ensure producers options including

synthetic pyrethroids, strychnine, and neonicotinoids

are retained.

• Engaged with the Pest Management Regulatory Agency

(PMRA) through 11 conference calls, three of which were

APG initiated and led, and five meetings with directors

present. Advocacy led by APG through Team Alberta,

CSWG, Alberta Agriculture and Forestry (AF), Grain

Growers of Canada (GGC), Canadian Grain Commission

(CGC), Pulse Canada, Saskatchewan Pulse Growers,

Manitoba Pulse and Soybean Growers, Ontario Bean

Growers and Agriculture and Agri-Food Canada (AAFC)

roundtable participation.

• Administered CSWG funding for Alberta Agriculture

and Forestry water quality monitoring for neonicotinoids.

• Worked with AFSC, GGC, AAFC and AF on Business

Risk Management issues such as crop insurance and

AgriStability.

• Participated in development of AgSafe Alberta to work

on farm safety issues.

• Labour and WCB - Continued engagement through

AgCoalition to speak with one voice on labour and

insurance legislative changes.

• Advocated to reverse proposed small business tax

changes, income sprinkling, passive income and

cash ticket deferrals with Team Alberta and GGC.

• Advocated with GGC, Team Alberta and Pulse Canada

for passage of transportation bill with four amendments,

all of which were included.

• Advocated for ratification of the Canada-European Union

Comprehensive Economic and Trade Agreement (CETA),

for signing and quick ratification of Comprehensive and

Progressive Agreement for Trans-Pacific Partnership

(CPTPP), and continued engagement with China for

further market access. Worked on bringing key messages

forward regarding India and market access challenges

(with Pulse Canada, Team Alberta, GGC).

APG Chair D’Arcy Hilgartner (right) participated in a February press conference with Alberta Agriculture and Forestry Minister Oneil Carlier (centre) and Alberta Pork Chair Frank Novak to discuss trade issues with India.

Producers Lise and Marc Rochon work with an AgSafe advisor to customize their farm safety program while at FarmTech 2018.



PARTNERSHIPS

Team Alberta• Advocated for members of the four largest Alberta crop

commissions (Pulse, Barley, Canola, Wheat) in the areas of

retaining and adding crop protection products, international

trade agreements, transportation and taxation policy, as well as

business risk management. Work was done to maintain public

trust and retain social license to operate through many forums.

• Met with more than 35 MLAs and 50 MPs and 40+ government

staff at the senior level to discuss important issues such as

climate change, transportation and international trade.

• Launched Farm Sustainability Readiness Tool at

FarmSustainability.com to help farmers increase the

sustainability of their operations and increase their readiness

to sell into sustainably sourced supply chains for end users.

• Communicated, coordinated and collaborated on a complete

policy position by finding policies common to all four crop

commissions to find common positions.

• Team Alberta has successfully branded itself as the go-to group

for the provincial government for information, policy positions

and feedback pertaining to anything and everything related

to crops. Senior managers, policy staff and communications

staff are communicating and collaborating on many issues and

continue to speak with one voice where possible to improve the

profitability of cropping systems in Alberta.

Agri-Environmental Partnership of Alberta (AEPA) • AEPA’s main focus was to increase partners’ awareness,

knowledge, and understanding of relevant agri-environmental

policy related to land-use, water, and climate change. This

included seeking opportunities to provide input into policy

development processes, such as the Canadian Agricultural Partnership (CAP).

• The 2018-2021 Strategic Plan was approved and implemented,

providing AEPA direction for the next three years. This was also

the final year of the three-year term for the Industry Co-Chair,

Martin Van Diemen; APG Director Don Shepert has stepped into

the role.

• Another focus was to increase engagement and build

relationships with policy decision makers and influencers,

such as Deputy Ministers and Assistant Deputy Ministers from

various ministries, and CEOs of public agencies that invest

funds associated with Alberta’s Climate Leadership Plan

(Emissions Reduction Alberta, Alberta Innovates, and Energy

Efficiency Alberta).

• The Water Working Group prioritized building awareness

and understanding of on-farm surface water management,

including how to balance environmental impact with economic

sustainability; the Land-Use Framework Working Group

continued to gain a better understanding of climate change and

its potential impact on agriculture, including work on adaptation

and the carbon offset market.

Crop Sector Working Group (CSWG)• 10 organizations now participating including Alberta Pulse

Growers, Alberta Canola, Alberta Wheat, Alberta Barley, Alberta

Seed Growers Association, Alfalfa Seed Growers, Potato Growers

of Alberta and Alberta Sugar Beet Growers, with addition this

year of Organic Alberta and Alberta Beekeepers. The Group

meets every two months on mainly environmental issues.

• Following a presentation in August from Water Quality Section

of Alberta Agriculture and Forestry, CSWG decided to help

expand the monitoring for neonics that was done in frequency

of sampling, as well as increasing how early in the year the

monitoring could start. The members of the CSWG contributed

more than $50,000 to the water quality monitoring.

• Currently no provincial program to deal with ag plastics (grain

bags, twine, net wrap etc). CSWG is an important member of

the committee (included all stages of plastic life cycle from

manufacturer to recycling) that reviewed current states in

Saskatchewan and Manitoba, and examined what was currently

being done in individual counties in Alberta. The committee

came up with a suggested model and met with senior

government officials in Alberta to ask for a provincial pilot

for ag plastics. Many CSWG members sent letters of support

for the pilot.

• CSWG participated in the Canadian Agricultural Partnership

(CAP) funding priority committee for environmental stewardship

funding that looked at environmental risks and priorities across

the province and set priorities for funding.

• CSWG has been working on a joint application for public trust

(public agriculture literacy under CAP). This program supports

initiatives that build industry capacity to increase public and

consumer awareness and understanding of the agriculture

and food production system. The CSWG application has several

projects that will build capacity in this area, build common

messages on issues such as pesticide use and GMOs and learn

from those who have been engaged with consumers and the

public for some time.

Alberta Pulse Growers works with counterparts in the agriculture industry to address common issues through a number of organizations. Below are some of the accomplishments achieved through participation in three such groups.

ZONE REPORTS

ZONE 1 ZONE 2 ZONE 3

ZONE 4 ZONE 5

ZONE 1Advisors: Will Muller, Chair Lucas Bennan, Thomas Lievaart, Cory Nelson, Brad Proud, Greg Stamp, Tim van der Hoek, Rodney Volk, Robert Weisgerber

Harvest in 2017 went very well overall, but some growers in Zone 1 would disagree. The irrigated crop yields hit record highs on many crops but not necessarily on pulses. The dryland crop yields hit record lows when compared to the last few years. Pulses seemed to enjoy the heat but the biggest struggle was keeping up with irrigation on crops like beans. Mold and other diseases like blight seemed to be at a low in 2017 simply because it was so dry and so hot that there weren’t the right conditions for many diseases. If you did not spray your lentils with fungicide then you probably made the right decision last year and even this year because the lack of rain and unfavourable conditions for diseases.

Seeding in 2018 in Zone 1 had a very late start. We say very late but it is possible that we have been seeding earlier and earlier for the last five years, and then this year it seemed as if spring decided to be winter and then all of a sudden seeding came into full force. For many, seeding was roughly a month later than usual, but once it started there weren’t any problems.

Mold spore trap trials were ongoing in the zone this year, and several crop walks took place including an Agronomy Field Day at Brooks on July 31.

ZONE 2Advisors: Sarah Hoffmann, Chair Allison Ammeter, Kelisha Archer, Noel Flitton, Gerry Good, Barry Grabo, Peter Hoff, Curtis Hoffmann, John Kowalchuk, Doug Sell, Kevin Steeves

Harvest 2017 seems like a distant memory now but looking back it was a fairly smooth process for most growers in Zone 2. After a long winter blanketed much of the region in deep snow, it was anybody’s guess what seeding conditions would be like in the spring of 2018. The snow melted quickly and most farmers were in the field on schedule or only slightly behind. The snow cover was a saving grace for much of the zone, where well below average amounts of rain fell. Two drier years in a row certainly have many farmers grateful for the advancements in seeding technology and the soil’s ability to retain moisture.


As a zone board we take pride in funding projects that will have meaningful impact for the farmers we represent. This year we funded a regional variety trial located north of Rockyford. The site included yellow and green peas, red and green lentils and 30 varieties of soybeans. We also funded an intercropping demonstration site with the Chinook Applied Research Association at Oyen and in late July some of the board members toured CARA’s various trials and demonstrations. We also continued to support research into pulse root rot disease by funding a summer assistant for the federal and provincial scientists who are managing plots in our zone. If you are a farmer in Zone 2 and have ideas for projects you would like to see funded, please email [email protected].

ZONE 3Advisors: Rick Mueller, Chair Chris Allam, Nick Jonk, Ryan Kubinec, Zach Olthuis, JP Pettyjohn, Shane Strydhorst, Dan Visser

Each year, the advisors elected in this zone meet to discuss research questions and priorities specific to Zone 3. A strong history of collaboration with provincial researchers has allowed this region to conduct independent research and demonstration trials. Zone 3 and the Alberta Agriculture and Forestry (AF) team conducted two trials this past year, with two site locations in the Barrhead/Namao area focused on pre-harvest product timing on faba bean and faba bean fungicide for control of chocolate spot.

This was the final year of a four-year pre-harvest product timing trial in which three pre-harvest products were evaluated at four timings (too early, early, recommended and late) on Malik and Snowbird cultivars.

This was also the final year of a four-year faba bean fungicide for control of chocolate spot trial which included five fungicide treatments and an untreated check on the cultivar Snowbird. This year’s results are forthcoming and a four-year summary report will be prepared. Over the growing season, a number of crop tours were hosted by the group that highlighted the research trials. Zone 3 welcomed summer student Lynn DeHaan this year and wishes to thank her for helping to conduct zone-specific research.

The pulse crops in Zone 3 looked good as of the end of the fiscal year.

ZONE 4 Advisors: Caroline Sekulic, Chair Kevin Finster, Jerome Isaac, Peter Konstapel, Ernie Peters, Fraser Robertson, Monica Robertson

Many pulse growers in the Peace region finished seeding by the end of May. We started (in the central Peace) around May 10. For many farmers, seeding was combined with acres left over from 2017. Since seeding we had over six inches of rain in many areas, making disease and delayed maturity concerns. Smoky Applied Research and Demonstration Association (SARDA), Mackenzie Applied Research Association (MARA) and North Peace Applied Research Association (NPARA) had summer schools, crop walks and extension events that were very well attended.SARDA had seven pea varieties in over 20 regional trials across the Peace, and there were pulse regional variety trials in both the SARDA and MARA areas this year.

ZONE 5Advisors: Robert Semeniuk, Chair Michael Bury, Harold Haugen, D’Arcy Hilgartner, Andrew Kittle, Don Shepert, Gordon Tuck, Zolten Yarmie

The harvest went fairly well overall and pulse crops came off decently in most of the zone. Seeding in 2018 began by the second week of May when the snow melted more quickly than originally thought. The growing season was hit and miss around the zone with some areas not faring as well as others.

A highlight of the 2017-18 year was a crop walk at Advisor Gordon Tuck’s farm near Vegreville which served as a home for Alberta Agriculture and Forestry Regional Variety Trials. The majority of zone advisors attended and the discussions continued after the event with many participants sharing a meal.

Zone 5 provided a $5,500 grant in support for a Pulse Agronomy Demo project by researcher Laurel Perrott at Lakeland College for work completed by December 2018. Kristin Van Arragon was awarded the Zone 5 Lakeland College Scholarship of $1,000.



What was Pulse Canada’s biggest challenge in 2017-18?In 2017-18, Pulse Canada focused efforts on addressing

steep tariffs and unfeasible fumigation requirements

imposed by Canada’s largest pulse export market, India.

In addition to collaborating with the federal government

and other pulse-exporting nations to identify solutions to

trade issues with India, Pulse Canada also began work on a

longer-term plan to diversify markets for Canadian pulses

and create new demand for pulse ingredients.

How is Pulse Canada working to mitigate the effects on Canadian pulse producers of the trade barriers imposed by other countries?Pulse Canada acts as a national voice for the industry

on international market access issues. Efforts by Pulse

Canada to address Indian trade barriers in 2017-18 included

participation in a federal mission to India in February, where

the Canadian and Indian prime ministers discussed pulse

trade issues and released a joint statement committing

to reach an agreement on plant protection measures for

pulses within 2018. Pulse Canada is working closely with

the Government of Canada to ensure this commitment

is met. Pulse Canada is also collaborating with the Global

Pulse Confederation to advocate for greater predictability

and transparency with respect to trade policy decisions

made by pulse importers.

In addition to resolving trade issues in existing markets,

Pulse Canada is focused on creating new demand for

Canadian pulses within the processed food, foodservice,

pet food, and animal feed markets. Pulse Canada aims

to have 25% (or roughly two million tonnes) of Canada’s

pulses being used within these markets by the year 2025.

What was Pulse Canada’s greatest accomplishment of the year?Throughout the year, Pulse Canada engaged in advocacy

efforts surrounding Bill C-49, the Transportation

Modernization Act, including speaking before the House

and Senate Committees studying the bill, and holding

meetings with Senators, MPs and Transport Minister

Marc Garneau. Pulse Canada also worked with the

forestry, mining, chemistry and fertilizer sectors to

emphasize the need for key amendments to the bill.

The final bill, passed in May, reflects many of the

recommendations from the pulse sector, such as the

inclusion of reciprocal penalties into Service Level

Agreements and providing the Canadian Transportation

Agency with own-motion inquiry powers on systemic

or emerging rail freight issues under guidance from the

Minister of Transportation. Pulse Canada views this bill

as an important step toward improving Canada’s

transportation system.

What progress was made in the past year towards Pulse Canada’s 25 by 2025 target to accelerate growth and generate significant new demand for pulses and pulse ingredients by 2025?In 2017-18, Pulse Canada conducted a detailed analysis of

the specific food product categories and market segments

with the greatest potential to increase high-volume

utilization of pulses. These categories will be the focus

of the pulse industry’s marketing activities and include

noodles, bakery products, snack foods, biscuits, milk

alternatives, processed meats and pet foods. The North

American foodservice and Asian livestock and aquaculture

markets will be additional target areas for Pulse Canada’s

market development strategy.

Pulse Canada worked with pulse ingredient processors and

food companies to ascertain the types of marketing and

research needed to drive increased use of pulses in these

key markets and product categories. Pulse Canada will track

yearly changes in pulse ingredient utilization within each

of these areas to monitor progress toward 25 by 2025.

Crop tour participants examine peas growing at the Trochu Plot to Field site in July 2018.


What was GGC’s biggest challenge in 2017-18?Grain Growers of Canada’s biggest challenge has been its

biggest opportunity. In late 2017, the Board recognized

that something needed to be done to address important

gaps in GGC’s membership and mandate. That is why in

January 2018 GGC launched a Strategic Review process

aimed at ensuring that we were meeting the needs of our

membership and grain farmers across Canada. Through

engagement with current and prospective members, we

developed a path forward that is focused on advocating for

the federal government to make decisions that support the

competitiveness and profitability of grain growers across

Canada. That renewed mandate has found support across

the country and I am proud to welcome to the GGC family

three new members: Saskatchewan Pulse Growers, Grain

Farmers of Ontario, and Producteurs de grains du Quebec.

That means GGC now represents 65,000 growers from

right across the country and will have the membership

and resources needed to influence policy and regulatory

decisions on behalf of Canada’s grain farmers.

Looking ahead, I expect the Strategic Review, including a

new governance structure, to be concluded at GGC’s fall

Board meeting in November 2018.

What was GGC’s greatest accomplishment of the year?In addition to the Strategic Review, spring 2018 saw the

successful execution of the inaugural National Grain Week.

We were pleased to have Doug Sell and Nevin Rosaasen

represent Alberta Pulse Growers. They took part in meetings

with representatives from Parliament and the government.

We held a total of 37 meetings in addition to a reception,

media lunch and roundtable with officials at Agriculture and

Agri-Food Canada. Key messages focused on economic

growth challenges and opportunities including trade,

transportation, business risk management programming,

and the Pest Management Regulatory Agency (PMRA).

Feedback on the event has been strong from members

and government and we look forward to making this

an annual tradition.

How does GGC support Alberta farmers in efforts to engage the federal government?

As Canadian grain farmers’ Ottawa-based advocacy

organization, GGC acts as your eyes and ears on policy

challenges and engagement opportunities with the federal

government. Our work supports that of our members by

providing a forum for discussion and a united voice to

present to government. Decision makers know that GGC

represents Canadian grain farmers and we are proud to

bring the voice of Alberta pulse growers to meetings,

submissions and events.

When APG is in Ottawa for regional initiatives, our staff are

happy to support your efforts through advice on planning

and messaging. It is important that government hears

first-hand how federal policy affects farmers from across

Canada and the unique needs of each region, and efforts

like Team Alberta lobby events support the ongoing work

being done by GGC in Ottawa.

APG is focused on sustainability and working to share messages with farmers. What is GGC doing to further the sustainability message?GGC provides opportunities for growers to share the

message of sustainability to government as a unified

voice. Through the work of our Sustainability and Sound

Science committee, which is chaired and staffed by APG

representatives, we provide a forum for collaboration and

discussion on issues that affect the grain industry.

The primary sustainability focus for 2017-18 has been PMRA

re-evaluations and the challenges those decisions pose for

farmers. PMRA re-evaluation decisions were a key message

at most meetings with MPs, Senators and political staff

and a high level meeting with top PMRA officials was held

during National Grain Week.

Jeff Nielsen, President

AUDIT & FINANCE COMMITTEE

The committee works closely with APG staff to review and understand the financial statements and budgets. It also liaises with the organization’s appointed auditors during the yearly audit process and provides close scrutiny to budget and other financial plans of the organization.The committee discusses any risk and provides guidance to the board on their recommendations. Of the upmost importance is to have APG service fees being used for the advancement of the mandate of APG.

In 2017-18, APG’s Board of Directors determined that it was possible to continue the work of the organization and make progress in priority areas while reducing the service fee from 1% to 0.75% to ease some of the financial pressure farmers faced. The membership voted in favour of the reduction at the 2018 annual general meeting, and the new service fee is scheduled to take effect at the start of the next fiscal year on August 1, 2018. Audit and Finance Committee members include: Directors Doug Sell (Chair), John Kowalchuk, Jerome Isaac and APG Chair D’Arcy Hilgartner, supported by APG staff.

The Audit and Finance Committee’s objective is to oversee the financial health of the organization and make recommendations to the board on financial policy.


FINANCIAL STATEMENTSJuly 31, 2018



MANAGEMENT’S RESPONSIBILITY

To the Members of the Alberta Pulse Growers Commission:Management is responsible for the preparation and presentation of the accompanying financial statements, including

responsibility for significant accounting judgments and estimates in accordance with Canadian accounting standards for

not-for-profit organizations. This responsibility includes selecting appropriate accounting principles and methods, and

making decisions affecting the measurement of transactions in which objective judgment is required.

In discharging its responsibilities for the integrity and fairness of the financial statements, management designs and

maintains the necessary accounting systems and related internal controls to provide reasonable assurance that

transactions are authorized, assets are safeguarded and financial records are properly maintained to provide reliable

information for the preparation of financial statements.

The Board of Directors and Audit and Finance Committee are composed entirely of Directors who are neither

management nor employees of the Commission. The Board is responsible for overseeing management in the performance

of its financial reporting responsibilities, and for approving the financial information included in the annual report. The

Board fulfils these responsibilities by reviewing the financial information prepared by management and discussing relevant

matters with management and external auditors. The Board is also responsible for recommending the appointment of the

Commission's external auditors.

MNP LLP is appointed by the members to audit the financial statements and report directly to them; their report follows.

The external auditors have full and free access to, and meet periodically and separately with, both the Board and

management to discuss their audit findings.

October 30, 2018

Executive Director


INDEPENDENT AUDITOR’S REPORT

To the Members of the Alberta Pulse Growers Commission:We have audited the accompanying financial statements

of the Alberta Pulse Growers Commission, which comprise

the statement of financial position as at July 31, 2018, and

the statements of revenue and expenditures, changes in

members’ equity, cash flows and schedules 1 to 7 for the

year then ended, and a summary of significant accounting

policies and other explanatory information.

Management’s Responsibility for the Financial StatementsManagement is responsible for the preparation and fair

presentation of these financial statements in accordance

with Canadian accounting standards for not-for-profit

organizations, and for such internal control as management

determines is necessary to enable the preparation

of financial statements that are free from material

misstatement, whether due to fraud or error.

Auditors’ ResponsibilityOur responsibility is to express an opinion on these financial

statements based on our audit. We conducted our audit

in accordance with Canadian generally accepted auditing

standards. Those standards require that we comply with

ethical requirements and plan and perform the audit to

obtain reasonable assurance about whether the financial

statements are free from material misstatement.

An audit involves performing procedures to obtain audit

evidence about the amounts and disclosures in the financial

statements. The procedures selected depend on the

auditors’ judgment, including the assessment of the risks of

material misstatement of the financial statements, whether

due to fraud or error. In making those risk assessments, the

auditor considers internal control relevant to the entity’s

preparation and fair presentation of the financial statements

in order to design audit procedures that are appropriate in

the circumstances, but not for the purpose of expressing an

opinion on the effectiveness of the entity’s internal control.

An audit also includes evaluating the appropriateness

of accounting policies used and the reasonableness of

accounting estimates made by management, as well

as evaluating the overall presentation of the financial

statements.

We believe that the audit evidence we have obtained is

sufficient and appropriate to provide a basis for our qualified

opinion.

Basis for Qualified OpinionThe Alberta Pulse Growers Commission derives the majority

of its revenue from levies submitted on behalf of producers

of pulse crops. The recognition of this revenue is initiated by

the registered dealer at the time of delivery and reported to

the Commission. Since it is not possible for the Commission

to ensure that all revenue is reported, the completeness of

revenue is not susceptible to satisfactory audit verification.

Accordingly, our verification of this revenue was limited

to the amounts reported by registered dealers to the

Commission and we were not able to determine whether

any adjustments might be necessary to revenue, excess of

revenue over expenditures and cash flows from operations

for the years ended July 31, 2018 and July 31, 2017, and

current assets and net assets as at July 31, 2018 and

July 31, 2017.

Qualified OpinionIn our opinion, except for the possible effects of the matter

described in the Basis for Qualified Opinion paragraph, the

financial statements present fairly, in all material respects,

the financial position of Alberta Pulse Growers Commission

as at July 31, 2018 and the results of its operations, changes

in members’ equity and its cash flows for the year then

ended in accordance with Canadian accounting standards

for not-for-profit organizations.

Leduc, Alberta

October 30, 2018

Chartered Professional Accountants


STATEMENT OF FINANCIAL POSITIONAs at July 31, 2018

Head Office Zone 1 Zone 2 Zone 3 Zone 4 Zone 5 2018 2017

ASSETS

Current

Cash 4,625,812 61,480 56,798 61,995 12,148 57,401 4,875,634 4,668,727

Investments 8,385,303 – – – 15,000 – 8,400,303 8,251,194

Accounts receivable 550,804 – – 30 116 – 550,950 382,860

Prepaid expenditures 265,193 – – – – – 265,193 227,505

Total current assets 13,827,112 61,480 56,798 62,025 27,264 57,401 14,092,080 13,530,286

Capital assets (Note 4) 650,895 – – – – – 650,895 319,756

Total assets 14,478,007 61,480 56,798 62,025 27,264 57,401 14,742,975 13,850,042

LIABILITIES

Current

Accounts payable

and accruals

423,586 795 7,204 11,482 – 6,043 449,110 199,308

Research payable 69,900 – – – – – 69,900 170,286

Current portion of

leasehold inducement

(Note 5)

7,000

–

–

–

–

–

7,000

–

500,486 795 7,204 11,482 – 6,043 526,010 369,594

Leasehold inducement (Note 5)

128,333

–

–

–

–

–

128,333

–

Total liabilities 628,819 795 7,204 11,482 – 6,043 654,343 369,594

Commitments (Note 6)

MEMBER'S EQUITY

Accumulated surplus (673,107) 60,685 49,594 50,543 27,264 51,358 (433,663) (3,366,203)

Equity in capital assets 515,562 – – – – – 515,562 319,755

Reserves (Note 7) 14,006,733 – – – – – 14,006,733 16,526,896

13,849,188 60,685 49,594 50,543 27,264 51,358 14,088,632 13,480,448

14,478,007 61,480 56,798 62,025 27,264 57,401 14,742,975 13,850,042

Approved on behalf of the Board

Director Director

The accompanying notes are an integral part of these financial statements.


STATEMENT OF REVENUE & EXPENDITURES For the year ended July 31, 2018

2018 2017

Revenue

Communication and Extension – Schedule 1 23,256 23,434

Market Development – Schedule 2 6,300 21,459

Research – Schedule 3 110,192 75,498

Zones – Schedule 5 49,938 46,237

Administration – Schedule 6 5,901,512 8,823,508

Less: Zone revenue transferred from operations (Note 3) – Schedule 6 (31,500) (31,500)

6,059,698 8,958,636

Expenditures

Communication and Extension – Schedule 1 593,475 605,692

Market Development – Schedule 2 1,765,692 1,607,118

Research – Schedule 3 1,860,686 1,259,970

Risk Management – Schedule 4 232,747 118,976

Zones – Schedule 5 63,156 50,397

Administration – Schedule 6 935,758 733,330

5,451,514 4,375,483

Excess of revenue over expenditures 608,184 4,583,153

STATEMENT OF CHANGES IN MEMBERS’ EQUITY

Accumulated surplus Reserves

Equity in capital assets 2018 2017

Opening (3,366,203) 16,526,896 319,755 13,480,448 8,897,295

Excess of revenue over expenditures 608,184 – – 608,184 4,583,153

Purchase of capital assets (408,857) – 408,857 – –

Amortization 49,394 – (49,394) – –

Disposals of capital assets 28,323 – (28,323) – –

Leasehold inducement received 140,000 – (140,000) – –

Amortization of leasehold inducement (4,667) – 4,667 – –

Transfer from reserves 2,520,163 (2,520,163) – – –

Ending (433,663) 14,006,733 515,562 14,088,632 13,480,448


STATEMENT OF CASH FLOWSFor the year ended July 31, 2018

2018 2017

Cash provided by (used for) the following activities

Operating activities

Cash receipts 6,039,868 9,629,084

Cash paid to suppliers (4,758,466) (4,787,902)

Cash paid to employees (822,420) (693,313)

Interest paid (18,557) (22,352)

Interest received 245,594 181,478

686,019 4,306,995

Investing activities

Net purchase of investments (243,816) (3,598,798)

Purchase of capital assets (408,857) (309,457)

Proceeds on disposal of capital asset 33,561 2,160

Leasehold inducement received 140,000 -

(479,112) (3,906,095)

Increase in cash

206,907

400,900

Cash, beginning of year 4,668,727 4,267,831

Cash, end of year 4,875,634 4,668,727


NOTES TO THE FINANCIAL STATEMENTSFor the year ended July 31, 2018

1. Incorporation and purpose of the organization

The Alberta Pulse Growers Commission (the “Commission”) is an incorporated not-for-profit organization, exempt for

income tax purposes, established through the Alberta Marketing of Agricultural Products Act. The Commission’s purpose

is to provide grower support and to promote marketing and research of pulse crops in Alberta. The Commission is

comprised of five zones and the head office.

2. Significant accounting policies

The financial statements have been prepared in accordance with the Canadian accounting standards for not-for-profit

organizations as set out in Part lll of the CPA Handbook - Accounting, as issued by the Accounting Standards Board in

Canada and include the following significant accounting policies:

Cash

Cash includes deposits with banks and investment portfolios with maturities of three months or less.

Investments

Investments are amounts invested in a low-risk diversified bond fund with quoted market values that are measured at fair

value.

Capital assets

Capital assets are recorded at cost. Amortization is provided using the straight-line method at rates intended to amortize

the cost of assets over their estimated useful lives. The Commission’s capitalization policy is for items costing $1,500 and

above.

Rate

Automotive equipment 5 or 10 years

Computer equipment 2 or 5 years

Office equipment 5 years

Leasehold improvements 20 years

Financial instruments

All financial instruments are initially recorded at their fair value, excluding certain financial assets and liabilities originated

and issued in a related party transaction measured at their carrying or exchange amount in accordance with Section 3840

Related Party Transactions. At initial recognition, the Commission may irrevocably elect to subsequently measure any

financial instrument at fair value. The Commission has not made such an election during the year.

The Commission subsequently measures investments in equity instruments quoted in an active market at fair value. All

other financial assets and liabilities are subsequently measured at amortized cost.

Transaction costs and financing fees directly attributable to financial instruments subsequently measured at fair value are

immediately recognized in excess of revenue over expenditures for the current period. Transaction costs and financing

fees are added to the carrying amount for those financial instruments subsequently measured at cost or amortized cost.

The Commission assesses impairment of all of its financial assets measured at cost or amortized cost when there is an

indication of impairment. Any impairment which is not considered temporary is included in current year excess of revenue

over expenditures.


2. Significant accounting policies (Continued from previous page)

Revenue recognition

The Commission uses the deferral method of accounting for contributions. Externally restricted contributions and

grants are recognized as revenue in the year in which the related expenditures are incurred and appropriate reporting

has been submitted. Unrestricted contributions are recognized as revenue when received or receivable if the amount

to be received can be reasonably estimated and collection is reasonably assured.

Service fee revenue is recognized monthly as the commission is earned. All other revenue is recognized as the related

service or product is delivered.

Contributed services

Volunteers contribute significant hours per year to assist the Commission in carrying out its service delivery activities.

Because of the difficulty in determining their fair value, contributed services are not recognized in the financial

statements.

Measurement uncertainty (use of estimates)

The preparation of financial statements in conformity with Canadian accounting standards for not-for-profit

organizations requires management to make estimates and assumptions that affect the reported amounts of assets

and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported

amounts of revenue and expenditures during the reporting period. Actual results may vary from current estimates.

Accounts receivable are stated after evaluation as to their collectability and an appropriate allowance for doubtful

accounts is provided where considered necessary. Amortization is based on the estimated useful lives of capital assets.

These estimates and assumptions are reviewed periodically and, as adjustments become necessary, they are reported

in excess of revenue over expenditures in the periods in which they become known.

Nature of funds in net assets

a) The equity in capital assets fund represents the net book value of capital assets held at the year-end less any

related capital debt and leasehold inducements.

b) The accumulated surplus fund represents the funds available that are not internally restricted by the Board of

Directors.

c) The reserves fund represents funds restricted by the Board of Directors to be available for future project

commitments and internally mandated operations.

3. Zone revenue transferred from operations

A portion of zone revenue consists of amounts transferred from operations. These amounts are reported as revenue in

the zones with an offsetting deduction from revenue in administration.


4. Capital assets

Cost

Accumulated amortization

2018 Net book value

2017 Net book value

Automotive equipment – – – 28,324

Computer equipment 101,489 88,863 12,626 14,668

Office equipment 34,401 13,099 21,302 2,616

Leasehold improvements 660,267 43,300 616,967 274,148

796,157 145,262 650,895 319,756

5. Leasehold inducement

During the year the Commission signed a ten year lease agreement expiring December 2028, with an option to extend

the agreement for two additional five year terms at the Commission’s discretion. The lease agreement provided a

reimbursement from the lessor of $140,000 to offset the cost of leasehold improvements. The amount amortized in

the current year is $4,667 (2017 – nil) resulting in outstanding liabilities at the year-end as follows:

2018 2017

Total lease inducement 135,333 –

Less: current portion 7,000 –

128,333 –

6. Commitments

The Commission has signed research grant agreements, marketing project agreements, and operational agreements

committing to the following payments over the next five years:

2019 2020 2021 2022 2023 Thereafter Total

Research 834,628 566,328 363,152 223,200 55,800 – 2,043,108

Marketing 380,557 185,396 14,650 – – – 580,603

1,215,185 751,724 377,802 223,200 55,800 – 2,623,711

Pulse Canada

Core funding 1,000,000 1,000,000 1,000,000 1,000,000 666,667 – 4,666,667

Other Operations

Office lease 103,493 93,607 94,482 98,856 99,731 465,411 955,581

Total 2,318,678 1,845,331 1,472,284 1,322,056 822,198 465,411 8,245,958


7. Reserves

2018 2017

Committed future projects

Research 2,043,108 1,628,529

Marketing 580,603 584,558

2,623,711 2,213,087

Pulse Canada

Annual support 4,666,667 5,666,667

Operational

Office lease 955,581 1,054,350

Construction contract – 134,147

955,581 1,188,497

Internally restricted reserves

Science Cluster 2,582,247 2,401,561

Plot to Field project 1,571,180 1,779,084

Projects approved not contracted 807,347 2,478,000

Operational reserve 800,000 800,000

5,760,774 7,458,645

14,006,733 16,526,896

The reserves include commitments above from Note 6 plus internally restricted reserves.

8. Financial instruments

The Commission, as part of its operations, carries a number of financial instruments. It is management’s opinion that

the Commission is not exposed to significant interest, currency, credit, liquidity or other price risks arising from these

financial instruments except as otherwise disclosed.

Credit concentration

Accounts receivable from two customers (2017 – one customer) in connection with pulse crop service fees represents

45% (2017 – 48%) of total accounts receivable as at July 31, 2018. The Commission believes that there is minimal risk

associated with the collection of these amounts. The balance of accounts receivable is widely distributed among the

remainder of the Commission’s large customer base. The Commission performs regular credit assessments of its

customers and provides allowances for potentially uncollectible accounts receivable.

Interest rate risk

The fair value of investments is subject to risk associated with the change in market interest rates. As market interest

rates rise, the fair value of fixed income securities decline. If market interest rates remain stable, then any decline in fair

value will diminish as the securities are held to maturity. The Commission mitigates the risk by investing in a diversified

portfolio of bonds with various maturity dates.


9. Allocation of expenses

Human resources expenses of $453,986 (2017 – $344,501) have been allocated based on the proportion of the

employees’ roles within each department, as follows:

2018 2017

Communication and Extension 212,693 196,995

Market Development 95,450 88,229

Research 89,494 59,277

Risk Management 56,349 –

453,986 344,501

10. Comparative figures

Certain comparative figures have been reclassified to conform with current year presentation.

SCHEDULE 1 – COMMUNICATION AND EXTENSION REVENUE AND EXPENDITURESFor the year ended July 31, 2018

2018 2017

Revenue

Pulse Crop News 22,644 23,434

Sponsorship 612 –

23,256 23,434

Expenditures

Human resources, administration and travel 252,209 225,951

Projects 178,501 161,492

Pulse Crop News - postage and printing 89,194 69,181

Marketing channels 45,394 114,165

Trade fair and extension initiatives 16,130 22,211

Sponsorships 12,047 12,692

593,475 605,692

Deficiency of revenue over expenditures (570,219) (582,258)


SCHEDULE 2 – MARKET DEVELOPMENT REVENUE AND EXPENDITURESFor the year ended July 31, 2018

2018 2017

Revenue

Feed benchmarks 6,300 21,459

Expenditures

Pulse Canada 1,017,398 1,015,502

Marketing projects 420,263 263,071

Food and nutrition initiatives 144,064 108,391


CSCA membership and convention 21,126 38,964

Promotion 15,233 14,766

International travel 12,262 –

Mission ImPULSEible – 6,755

1,765,692 1,607,118

Deficiency of revenue over expenditures (1,759,392) (1,585,659)

SCHEDULE 3 – RESEARCH REVENUE AND EXPENDITURESFor the year ended July 31, 2018

2018 2017

Revenue

Research contribution 110,192 29,724

CPRW start up funds – 45,774

110,192 75,498

Expenditures

Research projects 1,520,001 986,521

Plot to Field agronomic research 207,904 185,487


Prairie Pest Minor Use Consortium membership 5,250 5,250

Sponsorships 3,749 –

CPRW expenses 3,675 –

1,860,686 1,259,970

Deficiency of revenue over expenditures (1,750,494) (1,184,472)


SCHEDULE 4 – RISK MANAGEMENT EXPENDITURESFor the year ended July 31, 2018

2018 2017

Expenditures


Farm safety 56,224 23,326

Memberships 35,000 35,000

Sustainability 20,635 21,425

Team Alberta engagement 19,532 4,064

Deficiency of revenue over expenditures (232,747) (118,976)

SCHEDULE 5 – ZONES REVENUE AND EXPENDITURESFor the year ended July 31, 2018

Zone 1 Zone 2 Zone 3 Zone 4 Zone 5 2018 2017

Revenue

Allocation from operations (Note 3) 7,500 5,500 7,500 5,500 5,500 31,500 31,500

Projects – 7,500 – – – 7,500 7,875

Gain on disposal of capital asset 5,237 – – – – 5,237 2,160

Annual general meeting 3,200 125 125 125 125 3,700 4,083

Interest 9 759 – 418 815 2,001 619

15,946 13,884 7,625 6,043 6,440 49,938 46,237

Expenditures

Projects – 28,518 11,483 – 5,000 45,001 12,981

Zone annual meeting 5,950 631 617 1,277 773 9,248 14,144

Office 5,827 – – – – 5,827 5,863

Sponsorship – – – – 1,000 1,000 7,147

Tours, seminars and trade fairs – – – – 639 639 2,659

Travel and meetings – – 179 – 350 529 –

Bank charges and interest – 120 9 131 152 412 338

Amortization – – – – – – 3,450

Insurance – – – – – – 3,100

Promotional material – – – – – – 715

11,777 29,269 12,288 1,408 8,414 63,156 50,397

Excess (deficiency) of revenue over expenditures 4,169 (15,385) (4,663) 4,635 (1,974) (13,218) (4,160)


SCHEDULE 6 – ADMINISTRATION REVENUE AND EXPENDITURESFor the year ended July 31, 2018

2018 2017

Revenue

Service fees 6,038,400 9,604,821

Less: Services fees refunded (314,289) (845,164)

Interest 270,957 200,438

Other revenue 1,151 20,151

Unrealized losses on investments (94,707) (156,738)

Transfers to zones (Note 3) (31,500) (31,500)

5,870,012 8,792,008

Expenditures

Human resources 392,315 353,121

Office lease 150,047 47,593

Director meetings and travel 97,054 117,723

Annual general meeting and FarmTech 71,862 62,597

Office expenses 60,717 43,800

Amortization 49,394 16,534

Professional fees 26,267 27,079

Bank charges and interest 18,145 20,109

Professional development 14,696 10,066

Zone advertising and travel 13,941 7,458

Bad debt 13,468 1,905

Telephone, fax and internet 10,245 8,514

Staff travel 9,987 10,896

Insurance 5,904 5,845

Advertising 1,716 90

935,758 733,330

Excess of revenue over expenditures 4,934,254 8,058,678

BOARD OF DIRECTORS

STAFF

Back row, left to right:

John Kowalchuk, Director-at-Large (Non-Bean)

Dan Visser, Zone 3

Allison Ammeter, Past-Chair & Zone 2

Jerome Isaac, Zone 4

Caroline Sekulic, Zone 4

Chris Allam, Zone 3

Greg Stamp, Zone 1

Front row, left to right:

Tim van der Hoek, Director-At-Large (Bean)

Rodney Volk, Zone 1

D’Arcy Hilgartner, Chair & Zone 5

Doug Sell, Zone 2

Don Shepert, Vice-Chair & Zone 5

Left to right:

Debra McLennan, Food & Nutrition Coordinator

Jolene Watson, Levy Coordinator

Rachel Peterson, Communications Coordinator

Carmen Meyn, Administrator

Leanne Fischbuch, Executive Director

Jagroop Gill Kahlon, Research Officer

Rhonda Lafreniere, Business Manager

Jenn Walker, Research Manager

Nevin Rosaasen, Policy & Program Specialist


101, 4721 47 Avenue, Leduc, Alberta, Canada T9E 7J4

T: 780.986.9398 | F: 780.980.2570 | TF: 877.550.9398

albertapulse.com

Documents

ANNUAL REPORT 2017-18 · However, market access barriers hit the industry hard in November 2017 and persisted for most of the crop year. Once the harvest was completed, the 2017-18