Parliament Hill, in Ottawa – Ontario, Canada. Photo: Ulysse Pixel

Farm groups criticize capital gains inclusion rate change

Ten national organizations say several tax-related changes in the 2024 federal budget will impact farmers 

Reading Time: 3 minutes In a May 27 letter to finance minister Chrystia Freeland, agriculture minister Lawrence MacAulay and national revenue minister Marie-Claude Bibeau, 10 signatories said they are concerned about the capital gains inclusion rate, the Alternative Minimum Tax (AMT) and the Canadian Entrepreneurs’ Incentive (CEI), which were all announced in April.



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Organic sector tables petition in Parliament

Groups call for recognition, incentives; supportive policy and programming

Reading Time: < 1 minute A petition calling for greater federal support of the organic sector was presented in Parliament this Tuesday. “The petitioners are calling upon the Government of Canada to give Canadians better and more affordable access to the foods they want by establishing bold policies and programs that would encourage growth in the domestic supply of organic,” said B.C. MP Alistair MacGregor, who tabled the petition.

Photo: Stephen Waycott/iStock/Getty Images

Federal budget draws mixed reaction from Canadian ag groups

Livestock tax deferral, capital gains exemption praised; overall lack of investment in agriculture noted

Reading Time: 3 minutes The 2024 federal budget, released Tuesday afternoon has drawn mixed reactions from ag groups across Canada. While some have praised aspects of the plan, others have condemned the lack of attention paid to agriculture and farmers.   



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National school food program announced

Federal government says program aims to start with 2024/25 school year

Reading Time: 2 minutes The federal government plans to spend over $1 billion over five years on a national school food program that will feed an additional 400,000 school-aged children a year.