New Regulation Improves Access To Capital

Agriculture, Food and Rural Initiatives Minister Rosann Wowchuk has announced a new regulation to provide Manitoba businesses with increased access to capital under the Community Enterprise Development Tax Credit. “This program provides Manitobans with valuable personal tax credits for investing in community-based projects,” said Wowchuk. “We are now doubling the value of shares a business

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