Additional Regions Qualify for Livestock Tax Deferral
Additional Regions Qualify for Livestock Tax Deferral
In October 2025, BFO submitted a request to Agriculture and Agri-Food Canada (AAFC) to expand the eligible drought zones eligible for the Livestock Tax Deferral (LTD) provision to better reflect drought conditions experienced by Ontario producers in 2025. We are pleased to share that AAFC has now updated the 2025 list of prescribed regions eligible for the LTD provision, effective for the 2025 taxation year.
What is the Livestock Tax Deferral Provision?
The Livestock Tax Deferral provision is a
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