2024 LIVESTOCK TAX DEFERRAL REGIONS
June 17 2024The Government of Canada has streamlined the process to identify regions earlier in the growing season, and also instituted a buffer zone to adjacent regions to capture impacted producers on the edges of affected regions.
Also new for 2024 and moving forward, regions that are adjacent to regions that qualify based on weather, climate and production data will also be prescribed. This will ensure that farms within those adjacent regions that may also be experiencing drought or excess moisture conditions can benefit from the Livestock Tax Deferral provision.
