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Livestock tax deferral planned

The deferral is intended to help re-build breeding herds after the forced sale.
beef exports oct 2019 ron photo
file photo

All of Saskatchewan south of Saskatoon qualifies for the recently announced federal livestock tax deferral program.

The program announcement also covers most of Alberta and most of Manitoba in areas where drought, floods and heavy rains forced producers to cull breeding herds last year.

Under the program, producers can defer taxes on part of their 2019 breeding stock sales to the 2020 tax year.

The deferral is intended to help re-build breeding herds after the forced sale.

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