Rule changes passed in a federal bill to standardize tax treatment for sales of family-owned farms and small businesses will be delayed to the start of 2022, to the dismay of several farm groups. Bill C-208, a private member’s bill spearheaded by western Manitoba Conservative MP Larry Maguire with amendments to the federal Income Tax […] Read more
New rule on farm transfer tax treatment put off to 2022
Farm groups protest delay
National small business contest gives boost to enterprising Alberta producer
Tool aggregates offers and shows real-time prices from multiple grain buyers
Reading Time: 2 minutes A fledgling Alberta ag enterprise has been named the most promising startup in a nationwide contest for small business owners. “I was so excited,” said Farmbucks founder Lynn Dargis, who took home the award for her grain-pricing app from TELUS Pitch in July. “It just solidifies that we’re onto something really good here. It’s given […] Read more
Canada’s new export minister to push beyond U.S. market
Ottawa | Reuters — Canada has created a new federal cabinet position to help exporters look beyond the U.S. and there will be resources for small businesses that want to take advantage of new trade deals, the new minister for export promotion said on Tuesday. Mary Ng, who vaulted to cabinet-level last week to take […] Read more
Greig: Federal tax backtracks aside, much of impact still unknown
The Canadian Association of Farm Advisors’ annual tax update showcased confusion and frustration at the federal government’s shifting plan to change how small business is taxed. “I was very, very offended by all of this,” said Kurt Oelschlagel, of BDO Canada, who was part of a panel on the government changes at the CAFA event, […] Read more
Feds pledge lower small business tax rate
UPDATED, Oct. 16 — The federal government says it will cut the small business tax rate to nine per cent from 10.5, a move seen as an attempt to counter a growing backlash against its July tax reform announcement. Prime Minister Justin Trudeau and Finance Minister Bill Morneau appeared side-by-side in Toronto’s far suburbs to […] Read more
Women should take measures to avoid a hard landing
Planning ahead for your business is critical for when the day a crisis hits, or when you want to make big changes
Reading Time: 3 minutes I do a lot of flying and still to this day find the takeoff rather exciting. After 35 years of travel there has never been an incident with takeoff — but the landings have been mixed. There were quite a few times when we could not land because of weather, and times when the pilot […] Read more
Small-town meat shop creating a name for itself
Innovative marketing and can-do attitude a recipe for success for the little meat shop that could
Reading Time: 4 minutes Sangudo Custom Meats is a small operation in a tiny town — but it’s the little meat shop that could. “We figure that if you’re not growing, you’re dying,” said Kevin Meier, who owns and operates the business with partner Jeff Senger. “If you do 10 different things and nine of them are failures, but […] Read more
Cyber-Savvy Farmer
