Reading Time: 5 minutes Glacier FarmMedia – Taking advantage of the revamped Bill C-208 can offer farmers significant tax savings when it comes to succession. Bill C-208 was initially introduced as a private member’s bill by Manitoba MP Larry McGuire in 2021. The bill sought to amend the federal Income Tax Act to exclude the intergenerational transfer of farms […] Read more
You can pay less tax on farm succession
Bill C-208 called a game-changer for farm transition, if you know how to use it
The time to talk succession is now, says advisor
Post-harvest a great time to talk succession, but be sure to set it up right
Reading Time: 4 minutes Fall is an excellent time to discuss farm succession, says a Calgary-based expert. “Harvest brings people together,” said Clark Lowry, a senior wealth advisor with Lowry Wealth Planning. “Once the harvest is done, I think it’s good for them to get together and have a discussion about what everybody’s intentions are.” According to a recent […] Read more
Cyber-Savvy Farmer
