Canadian farmers call for reversal of capital gains tax, including rate increase

“People are having to have their accountants kind of guess on which direction this is going to go.”

National Organizations representing Canadian farmers and ranchers are calling on the federal government to reverse its decision to administer changes to the capital gains tax that were announced in the federal budget last year.

Host of RealAg Radio, Shaun Haney spoke with RFD-TV’s own Suzanne Alexander on the changes to the capital gains rule, the issues farm groups have, and the Liberal leadership race.

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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
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