February 6, 2019
Ottawa has approved 79 census subdivisions in BC for relief under the livestock tax deferral program.
Producers in seven provinces are eligible for the relief, but Western producers will be key beneficiaries.
The designated locations in BC include all of Vancouver Island and the BC coast north from Point Tsawwassen to Haida Gwaii and Stewart, on the Alaska border. Producers in the Bulkley-Nechako, Fraser-Fort George, Cariboo and Kootenay regions are also eligible.
“Low moisture levels resulted in significant forage shortages for livestock producers in British Columbia,” a government news release at the end of January announcing the designated regions said.
An initial list was released in September, then expanded after further investigation.
By reducing their breeding herd, producers can limit the number of animals needing feed. The cost of replacing the animals will offset the income from the sale, reducing the tax burden from sale income.
The stress on BC producers, particularly in the Central Interior, was significant in 2018 as a second summer of record-breaking wildfires ripped across the province.
Deanna Bell of the Northwest Forest Fire Support Network in Houston told Country Life in BC last fall that some producers were scrambling to find tens of thousands of dollars worth of hay while trying to pick up the pieces of their lives.
The province’s latest survey of snow conditions indicates a snowpack 103% of normal, however the Stikine remains the driest region in the province with a snowpack just 72% of normal.
Complete information on the tax deferral program is available here [http://bit.do/eHCyn]. It complements support through existing business risk management programs, including AgriInsurance, AgriStability and AgriInvest.
With files from Dan Mesec
Vol. 105 Issue 6
STORIES IN THIS EDITION
Hog farm won’t face charges
Okanagan drives land values
Where’s the beef?
Minister defends Bill 15 changes
Back Forty: Farmers, not just farmland, need revitalization
Editorial: No peace, no order
ALR restrictions make commuting a fact of life
Johnston’s Packers targeted by activists
Sidebar: When is a crime not a crime?
Berry growers get long-awaited funding boost
Proteobiotics reduce poultry, swine infections
Greenhouse growth stymied by gas prices
Increase farm productivity with cover crops
Ag Briefs: Water fees not evenly distributed among users
Ag Briefs: BC Tree Fruits prepares to relocate
Farmland trust explored for Island
New owner, same faces
Fruit growers cautiously optimistic on bloom set
Honeycrisp key to success for Golden Apple winners
Changes to slaughter rules taking too long
Going! Going! Gone
Local meat deamnd creating opportunities
Sidebar: Compost in 14 days
Ranch takes pasture to plate at face value
Market Musings: Technology has its challenges
Oliver veggie grower prefers wholesale
Grocer offers tips to get a foot in the door
Greenhouse veggie days a hit with school
Haskap research may help berry go mainstream
Research: Bee sensitivity linked to neonic pesticides
Fraser Valley orchardist calling it a day
Worming his way to the top of the heap
Mushrooms a viable crop for small growers
Island 4-H beef show celebrates 25 years
Woodshed: Deborah starts her vacation a golf widow
Brewery’s food program spawns farm project
Jude’s Kitchen: Celebrate dads!