Tax return storage at the Canada Revenue Agency. (Canada.ca)

Ottawa scraps plans for new limits on capital gains

The federal finance ministry has backed away from proposed plans for new limits on capital gains exemptions, over concerns of “unintended consequences” for businesses such as farms. Finance Minister Bill Morneau on Thursday announced the federal government “will not be moving forward with measures that would limit access to the LCGE (lifetime capital gains exemption),” […] Read more



North Dakota’s Legislative Assembly in 2014. (Governor.nd.gov)

North Dakotans put ‘corporate’ farming to vote

Reuters — North Dakotans are voting Tuesday in a referendum to repeal a law enacted last year that changed decades of family-farming rules in the state by allowing corporations to own and operate dairy and hog farms. The North Dakota Farmers Union and other groups that collected signatures to put the referendum on the ballot […] Read more