Government of Canada

The federal government has announced changes to Canada’s capital cost allowance system that will allow businesses to deduct the full cost of more capital investments in the year they are purchased and put to use. Called the Productivity Mega Deduction, the measure expands the type of assets that qualify for immediate expensing, building on provisions…

Alberta farmers dealing with excessive moisture this growing season will have more time to access support through the AgriStability program. The Alberta and federal governments have announced changes for the 2026 program year, including an extension of the enrolment deadline from April 30 to October 1, 2026. The move is intended to help producers assess…

On May 13, 2025, Prime Minister Carney announced his new cabinet, which features a mix of returning and new faces. This cabinet differs from previous ones, featuring fewer ministers and the return of Secretaries of State, who have specific roles, but are not officially part of the cabinet. The new government plans to encourage investment…

More than 14,000 rural Alberta households are set to gain access to faster, more reliable, and affordable high-speed internet. In a joint effort between the federal government and the province of Alberta, a combined investment of $153 million will bring high-speed internet to 120 rural and remotes communities across the province. To date, the federal…

The Government of Canada unveiled Budget 2024 this week. The budget recognizes Livestock Tax Deferral, the importance of interoperability, the potential for AI, capital gains exemptions, and the Advance Payment Program (APP). Below are some of the ways that Budget 2024 impacts agriculture. Livestock Tax Deferral What is it? The Livestock Tax Deferral is an instrument…