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Livestock Producers In Three Provinces Receive Tax Relief For 2016

 
Minister of Agriculture and Agri-Food, Lawrence MacAulay, today released a list of designated regions in Alberta, Ontario and Quebec where livestock tax deferrals have been authorized for 2016 due to drought.
 
The livestock tax deferral provisions allow livestock producers in prescribed drought regions to defer a portion of their 2016 sale proceeds of breeding livestock until the next year to help replenish the herd. The cost of replacing the animals in the next year offsets the deferred income, thereby reducing the tax burden associated with the original sale.
 
Eligibility for the tax deferral is limited to those producers located inside the designated areas prescribed as drought regions. Producers can request the tax deferral when filing their 2016 income tax returns.
 
Source : Agriculture and Agri-Food Canada

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Katerina Kolemishevska & Alexandria Shannon: The Funding Portal

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I’m Dr. Miranda Smit, and this is my first episode as co-host of The Swine it Podcast Show Canada! I’m thrilled to join you on this journey to bring insights and solutions to the Canadian pork industry. In this episode, Katerina Kolemishevska, from the Canadian Pork Council, and Alexandria Shannon, Senior Product Manager, Grants, Credits & Incentives Software at Ryan, introduce the new digital national platform for investment support to pork producers. This innovative tool, the Funding Portal, simplifies access to investments and incentives, empowering producers to invest in sustainability, innovation, and efficiency. Learn how it enables competitive farming practices and drives the pork industry toward a more sustainable future. Listen now on all major platforms!