GFM Network News


Cannabis tax revenue below projections in early months

Ottawa | Reuters — Canada’s federal and provincial governments earned $186 million in tax revenues from direct sales of cannabis in the first 5-1/2 months of legalization, Statistics Canada data showed on Wednesday, after two major provinces cut their revenue forecasts. Statistics Canada found Ottawa collected a combined $55 million in revenue via federal excise […] Read more

The equine industry is not ‘zero rated’ for GST, which means the tax must be charged when horses are sold.


Horses should be classed as livestock, argues industry group

Horse industry should receive the same benefits as other livestock sectors, says Horse Welfare Alliance of Canada

Horses and other equines should be formally classed as livestock, says an advocacy group. “We have situations in various parts of Canada where provincial governments, in British Columbia in particular, are denying farmer status to people who are in the business of breeding equines including mules, donkeys, and horses,” said Bill desBarres, chair of the […] Read more