Friday, 2 January 2015
Federal Tax Relief Program for Some Cattle Producers in Western Canada - Another Price to Pay For Climate Change Inaction?
By: The Canadian Press
EDMONTON - The federal government is giving some livestock producers in Western Canada a bit of tax relief. Producers in Alberta, Saskatchewan, Manitoba and B.C. who faced forage shortfalls due to extreme weather will be allowed to defer tax on their cattle sales for 2014. Agriculture Minister Gerry Ritz says eligible producers in designated areas can defer income tax on the sale of their breeding livestock for one year in order to help replenish that stock.