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Home›Business›Farmers furious over Ottawa’s tax changes, but too busy harvesting crops to mount a fight

Farmers furious over Ottawa’s tax changes, but too busy harvesting crops to mount a fight

By admin
September 8, 2017
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CALGARY – Canadian farmers, busy pulling in the fall’s harvest, fear Finance Minister Bill Morneau’s proposed tax changes will make them uncompetitive relative to large land aggregators and could exacerbate a demographic crisis in farming communities.

Herb Groenenboom, who grows wheat, barley and canola with his two brothers near Picture Butte, Alta. said he’s angry the federal government’s proposed tax changes were announced at the busiest time of the year for farmers.

“It’s kind of like they’re trying to sneak it through,” Groenenboom said, noting the consultation process is scheduled to end in early October, before the harvest ends.

Morneau and his Liberal Party announced plans in July to change taxes for people who incorporate their business to eliminate various exemptions and tax benefits used by small business owners.

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