Six of Canada’s biggest business and industry associations, including the Canadian Canola Growers Association (CCGA), have written a joint letter to Deputy Prime Minister and Finance Minister Chrystia Freeland asking her to scrap a proposed change to capital gains tax announced in the federal budget last month. In addition to the CCGA, the May 9th… Read More
Category: Farm Management
With the growing season upon us, life is about to get incredibly busy for farmers across Canada. With the hectic pace of farming comes the pressure to juggle many aspects of running a business — and sometimes one of the first balls to drop is caring for our mental health. In honour of Mental Health… Read More
Now in its third year, the On-Farm Climate Action Fund (OFCAF) is a $704.1 million funding program that is part of the Government of Canada’s Agricultural Climate Solutions initiative, intended to help farmers tackle climate change. The Fund falls under the $4 billion Natural Climate Solutions Fund managed by Natural Resources Canada, Environment and Climate… Read More
What do you do if you’re a woman working in agriculture and you can’t find comfortable work clothes? How about starting your own clothing line? That’s what independent agronomist Michelle Durnin did in 2021 when she launched Durnin Farm & Ranch Wear to design and sell women’s workwear. At the Canadian Dairy XPO in Stratford,… Read More
Incorporated farms in provinces where the federal carbon tax is collected should receive a little more back on their tax return under the “Canada Carbon Rebate for Small Businesses” proposed in the federal budget last week. The federal government said it would “urgently” return more than $2.5 billion in accrued carbon tax revenue going back… Read More
There may be a flurry of activity in several accountants’ offices over the next 10 weeks as farm families grapple with how changes to the capital gains inclusion rate and exemption laid out in the latest federal budget may impact their succession planning. The government plans to increase the taxable portion of capital gains —… Read More
In March, under political pressure to do something about the housing crisis, the federal government announced changes to the amount of temporary residents that would be allowed in to Canada beginning May 1. On the surface, this may not seem to directly impact agriculture if farms and agri-businesses typically access the seasonal worker programs. However,… Read More
The Canadian Veterinary Medical Association (CVMA) is calling on the federal government to invest in programs, projects, and veterinary infrastructure to mitigate a growing shortage in the veterinary workforce. The Employment and Social Development Canada’s (ESDC) Canadian Occupation Project System (COPS) shows that the labour market supply of veterinarians is in a structural supply deficit… Read More