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Call for review to improve Federal Livestock Tax Deferral program

The Agriculture Producers Association of Saskatchewan want to ensure the program improves
ToddLewisAPAS
Todd Lewis, APAS president (APAS photo)
Although the Agricultural Producers Association of Saskatchewan (APAS) was pleased with the expanded coverage for the Federal Livestock Tax Deferral recently announced, they are calling for a review to improve the program for future years.

“Livestock producers across Saskatchewan faced serious impacts from drought in 2018,” said Todd Lewis, APAS President. “It was very clear to everyone in the industry by late August that feed and water shortages were going to have an impact on the entire province.”

Lewis added that a review of the technology and area boundaries used to determine the eligibility for the program is necessary.

“A final designation at the end of January, after the end of the tax year, does not allow producers to make informed business decisions,” he said.

APAS had raised concerns about the list of areas designated, responding with a call for the entire province to be eligible. As of now, 75 per cent of Saskatchewan RMs have been designated as eligible.  

Lewis also noted that APAS will be working with their colleagues at the Canadian Federation of Agriculture to advocate for changes to the program.

 

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