GFM Network News


Saskatchewan, B.C. areas up for livestock tax deferrals

Livestock producers in several more parched municipalities in Saskatchewan and British Columbia will be able to defer income from sales of animals on their 2017 tax returns. The federal government on Tuesday announced its final list of designated regions for 2017, including 20 more municipalities in Saskatchewan and seven in British Columbia. The initial list, […] Read more

Tax deferral an option — but is it your best one?

Experts say you should run the numbers and get expert advice before deciding how much tax to defer

It’s a classic ‘good-news, bad-news’ story. The bad news is: If you’re a producer reading this in Alberta, chances are you live in one of the vast majority of Alberta municipalities devastated by drought or other inclement weather. The good news is you may be eligible for the Federal Livestock Tax Deferral, which allows producers […] Read more