Province quashes hopes for retroactive bunkhouse payments Wednesday, December 15, 2010 by SUSAN MANNOntario’s move to change the property tax classification for temporary worker bunkhouses to the farm class isn’t retroactive, says finance ministry spokesman Kent Williams.Williams says in an email that making the “regulatory amendment prospective rather than retroactive provides stability for municipalities and clarity for property owners and the Municipal Property Assessment Corporation.”Norfolk-area farmer Marshall Schuyler wants the change to be made retroactive.Schuyler recently built a new bunkhouse and it was assessed as residential while the other four bunkhouses on his property were assessed as farm.Nevertheless, he says he’s really pleased the decision to change the classification for bunkhouses “wasn’t one of these things that went on for five year, ten years.”Schuyler says he’s now waiting to see what is in the regulations. “I’m 99 per cent sure the regulations will accomplish what the press release says. But until you see the actual regulations, you don’t know.”The change is effective Jan. 1 and applies to all bunkhouses that meet the eligibility criteria. The farm classification will apply to dwellings that are used for on-farm seasonal or temporary workers, situated on land that has been assessed as farmland and included in the farm property class and that aren’t occupied year round, Williams writes in the email.The change means farmers with residences that house temporary workers will pay the farm property tax rate, which is 75 per cent lower than the residential rate.The finance ministry estimates farmers could save $200 to $300 a year based on the average assessment for a bunkhouse. The amount of taxes saved by a farmer could vary greatly depending on the number of bunkhouses on the property and their assessed value. BF Mitchell scratches deferred payment ban Bunkhouse relief
Grain Farmers of Ontario reveals its 2025 Strategic Plan Tuesday, January 21, 2025 Grain Farmers of Ontario (GFO), the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean, and wheat farmers, has released its . This plan provides the guideposts and direction for the GFO for the next four years and showcases the... Read this article online
Re-defining waste in Canada Friday, January 17, 2025 Agriculture and Agri-Food Canada (AAFC) has provided an update on some of its ongoing research in biomass and bioproducts. Biomass is a renewable organic material that comes from plants and animals, including crops grown for non-food uses, leaves and stalks, fruit skins, and... Read this article online
Canada's 2024 crop harvest insights Friday, January 17, 2025 The 2024 Canadian crop harvest showed mixed results says Statistics Canada, with some crops performing exceptionally well, while others faced challenges. It is the time of year when farmers have a chance to reflect on last year's harvest and prepare for the upcoming season. Wheat... Read this article online
Poilievre pledges to reverse the harmful capital gains tax hike Friday, January 17, 2025 Tax cuts for economic growth in Canada Conservative Party leader Pierre Poilievre has pledged to reverse the tax hike on capital gains introduced by the NDP-Liberal government in June 2024. This tax increase, which raises the capital gains tax inclusion rate to 66%, has been widely... Read this article online
The tax impact on farmers of proroguing Parliament Friday, January 17, 2025 The Ontario Federation of Agriculture (OFA) is advising farmers to be cautious when preparing their taxes this year. With Prime Minister Trudeau stepping down and proroguing Parliament until March 24,Ontario farmers are learning the suspension ofparliament impacts various proposed... Read this article online