New Accelerated Investment Incentive for Equipment Purchases

The Federal government announced a new Accelerated Investment Incentive in their Fall 2018 Economic Statement. It will allow equipment purchased after November 20, 2018 to be depreciated for tax purposes, at an accelerated rate. Normally in the year that equipment is acquired, only half of its value is available for capital cost allowance (CCA). Under the new proposal this “half year rule” will not apply and the value of the acquisition will be increased by 50%.   Continue reading “New Accelerated Investment Incentive for Equipment Purchases”

Grain Farmers of Ontario to Work with Federal and Provincial Governments on DON Programs

Further financial details and next steps still needed

GUELPH, ON (November 28, 2018) – Grain Farmers of Ontario, the province‘s largest commodity organization, representing Ontario‘s 28,000 barley, corn, oat, soybean and wheat farmers, will work with the federal and provincial governments to build programs that help Ontario grain farmers recoup losses from the current high DON levels in corn crisis. Continue reading “Grain Farmers of Ontario to Work with Federal and Provincial Governments on DON Programs”