GFM Network News


Tax return storage at the Canada Revenue Agency. (Canada.ca)

New rules on passive investment arrive in budget

It’s got no new nuggets specifically for crop or livestock producers, but Tuesday’s federal budget includes the end results of last year’s consultations — and backlash — on corporate taxation. Finance Minister Bill Morneau’s 2018 budget proposes a couple of new limits on Canadian-controlled private corporations’ (CCPC) ability to benefit from a lower tax rate […] Read more

The Collins Bay Institution at Kingston, Ont. includes maximum, medium and minimum security facilities for up to 720 male inmates. (CSC-scc.gc.ca)

Four farmers named to panel on Ontario prison farms

Four eastern Ontario farmers have been named to a new seven-member advisory panel on the “potential reopening” of two federal penitentiary farms at Kingston. Correctional Service Canada (CSC) on Thursday announced the panel members, who are expected to hold their first meeting next month and to “engage with community stakeholders” on the farms’ possible reopening. […] Read more