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Tax Support for Farmers

Agriculture
Tax

In early November, the Federal Agriculture and Agri-Food Minister announced tax relief to help farmers that includes:

  • Tax relief for farmers who were forced to destroy their livestock because of bovine tuberculosis outbreak in 2016 and 2017
  • Designated regions will receive a livestock tax deferral for sale of 2017 breeding stock as a result of flood or drought conditions (click here for a current list of prescribed regions)
  • Maintaining the current treatment of the deferred grain tickets


For more information, go to www.canada.ca or call us to discuss how this affects your farm or ranch.

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