CTA not “re-regulating” grain transport

“Maybe it is necessary to ‘re-regulate’ the railways because I don’t think the railways have been acting in good faith.” – REG DYCK The Canadian Transportation Agency (CTA) is just doing its job as required under legislation when it compels the railways to include certain revenues or exclude certain costs when calculating the revenue cap,

Research tax credit filing simplified

Small businesses such as farms are expected to take greater advantage of Canada’s scientific research and experimental development (SR&ED) tax credit through a streamlined application process. The Canada Revenue Agency on Nov. 17 announced changes to the application process, including a more “user-friendly” format for submitting information on a potentially eligible research or development project.


Flooded cattle producers ineligible for tax deferral

Flooded Manitoba farmers who are selling off cattle and hoping for an income tax break are out of luck unless Ottawa changes the rules. Producers may defer income from livestock sales for one year only if they are forced to sell animals because of drought, not flood. That leaves out flooded cattle farmers who are