APAS calls for tax deferral program ASAP

Photo: Debra Murphy, 2015

The time is now for the federal government to take action and help livestock producers affected by dry conditions with a tax deferral program, according to Todd Lewis, president of the Agricultural Producers Association of Saskatchewan (APAS).

Lewis notes feed shortages are top of mind for most producers and there’s plenty of uncertainty right now if producers will have enough for their herd come the fall and winter months. That being said,  APAS is taking their lobbying efforts straight to federal agricultural minister, Lawrence MacAulay in hopes for the feds to implement a provincial wide tax deferral for cattle producers.

“It’s been done before — we just ask for it this time that it’s for the entire province cause it’s so variable across the province, and also good and early now, as there’s pretty volatile markets right now, so, if the producers see an opportunity to sell their cattle, they can go ahead and do so knowing that they’ll be able to spread that income out over a couple of years,” Lewis says.

SCA stands with APAS

The Saskatchewan Cattlemen’s Association (SCA) stands behind APAS 110 per cent according to chair, Rick Toney.

He says the SCA has had a tax deferral on their agenda for some time now, and hopes the government will listen to their concerns.

Listen to the full interview with APAS president Todd Lewis, along with SCA chair Rick Toney, below:.

 

Jessika Guse

Jessika Guse is RealAgriculture's newest field editor and news lead for RealAg Radio. She's been a reporter since 2015 and has covered a variety of topics including one of her favourites, agriculture! Although she's never grown up on the farm, she loves helping out and learning as much as she can when she visits her families heritage farm near Ebenezer, Sask. You can find Jessika on Twitter at @JessikaGuse

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.