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.

Related Stories
Representative Henry Cuellar (D-TX), who sits on the U.S. House Appropriations Committee, spoke exclusively with RFD NEWS about what Congress is doing to address screwworm concerns, including funding for a sterile fly production facility in Mexico.
The U.S. trade deal with Argentina creates new export opportunities for U.S. livestock and crop producers but also raises competitive concerns.
Incremental trade clarity with India could support select U.S. ag exports, but major gains hinge on future market-access talks.
The phone call injected optimism into the soybean market, but actual Chinese buying and its timing will ultimately determine the extent of U.S. agricultural export benefits.
Mexico has fallen behind by several hundred thousand acre-feet in required water deliveries to the United States, a shortfall that has had devastating consequences across the Rio Grande Valley.
U.S. Senator Roger Marshall of Kansas discusses expected changes to the 45Z tax credit and what they could mean for agriculture and rural America.