Reading Time: < 1 minute Alberta and Saskatchewan cattle producers affected by bovine TB outbreak in 2016 and this year will receive additional tax relief. Farmers who received compensation under the Health of Animals Act from livestock destroyed due to the bovine tuberculosis outbreak in 2016 and 2017 in Alberta and Saskatchewan are eligible for livestock tax deferral provisions. These allow them to defer a […] Read more
Feds announce tax support for cattle producers
Measures will assist those hit by bovine TB outbreak and in areas affected by drought
Cash ticket deferral option to remain unchanged
The federal government is leaving its deferred cash purchase ticket policy unchanged. When listed grains (wheat, oats, barley, rye, flax, canola, rapeseed) are delivered for payment at a licensed elevator, an elevator operator can issue either a cash purchase ticket or a deferred cash purchase ticket, payable in the year following the year in which […] Read more
Feds announce tax support for farmers
In a news release distributed today linked to Budget 2017, Agriculture and Agri-Food Minister Lawrence MacAulay announced tax relief to help farmers who received compensation under the Health of Animals Act from livestock destroyed due to the bovine tuberculosis outbreak in 2016 and 2017 in Alberta and Saskatchewan. The federal government also released its 2017 list of designated regions for livestock […] Read more
Drought-stricken Peace Country producers get tax break but need rain
It’s been dry, dry, dry in the Peace Country and if the rains don’t come this year, they’ll ‘be hurting big time’
Reading Time: 3 minutes Cattle producers in northern Alberta can make use of an income tax deferral to help them weather the 2014 drought in the Peace Country. But what they really need is a break from Mother Nature. “In 2013, the Peace Country got average rainfall,” said Valleyview producer Roland Cailliau, a Zone 9 delegate with Alberta Beef […] Read more
Cyber-Savvy Farmer
