Ottawa | Reuters — Canada is sticking to its keep-calm strategy as U.S. President Donald Trump ramps up trade war rhetoric, convinced that no move is the best move for […] Read more
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Canada sticks to measured tack in U.S. trade row
New rules on passive investment arrive in budget
It’s got no new nuggets specifically for crop or livestock producers, but Tuesday’s federal budget includes the end results of last year’s consultations — and backlash — on corporate taxation. […] 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 […] Read more
Ottawa scraps plans for new limits on capital gains
The federal finance ministry has backed away from proposed plans for new limits on capital gains exemptions, over concerns of “unintended consequences” for businesses such as farms. Finance Minister Bill […] 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 […] Read more
Deadline extended for comment on cash ticket deferral
Public consultations on the income tax treatment of deferred grain cash tickets, with an eye toward “potential elimination” of farmers’ option to defer grain income, have been extended by two […] Read more