Livestock Producers Receive Tax Relief for 2019
“Extreme and unpredictable weather made 2019 a very difficult year for many livestock producers across Canada. It is a priority for our Government to help our farmers and ranchers get the resources and support they need to manage and rebuild their herds.”
- Marie-Claude Bibeau, Minister of Agriculture and Agri-Food
Low moisture levels resulted in significant forage shortages for livestock producers in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec in 2019. One option for producers is to reduce their breeding herd in order to manage feed supplies.
In addition to the livestock tax deferral provision, producers have access to assistance through existing Canadian Agricultural Partnership Business Risk Management programs, which include AgriInsurance, AgriStability and AgriInvest.
Director of Communications
Office of the Minister of Agriculture and Agri-Food
Agriculture and Agri-Food Canada
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