GFM Network News

Comment: The loudest voices against tax reform are not neutral

Almost absent in the debate about proposed Canadian changes are any voices defending 
the idea of tax fairness

Federal Finance Minister Bill Morneau’s proposals for tightening tax breaks associated with private companies is generating several kinds of response on social media and in mainstream media. The most evident is an impressive deluge of evidence-free rhetoric claiming that the proposals are an attack on everything from the middle class to maternity leave for female

(Photo courtesy Canada Beef Inc.)

Drought-hit tax deferral zones named

Ottawa has seen enough drought in parts of southwestern Alberta, southern and eastern Ontario and southwestern Quebec to offer deferrals on their ranchers’ 2016 income tax from breeding livestock sales. Agriculture Minister Lawrence MacAulay on Tuesday released the federal government’s initial list of municipalities designated for the 2016 deferral. In Alberta, those areas include Clearwater,

Farmland isn’t a gold mine — it’s better

London/Reuters — Farmland values in Britain will rise 37 per cent by 2016, beating forecast growth for gold, oil, 10-year British government bonds and homes in London’s most exclusive neighbourhoods, according to data compiled by Oxford Economics and the research arm of property consultant Savills. Savills director Alex Lawson cited the need for increased global

Three tax changes could boost agriculture

The CFA is lobbying for changes to three federal income tax rules and the Agri-Invest program it says would attract badly needed investment and young people into farming, while encouraging small operations to grow. Garnet Etsell, a member of the Tax Working Group of the Canadian Federation of Agriculture said in an interview the group

Tax Deferrals For Excess Moisture Victims

The federal government is offering tax deferrals to livestock producers in designated areas of Manitoba who are struggling as a result of excess moisture. This support comes while governments continue working closely to assess the impact of excess moisture to determine what additional assistance is required. “The spring of 2011 was very difficult for our