Reported

Budget 2026 proposes wider farm rollover to nieces and nephews from January 2027

The federal budget, tabled on November 5, proposes wider rollover rules for family farms. A livestock producer group said that from Jan. 1, 2027, a farm could be passed on to nieces and nephews. The group also said businesses could write off the full cost of eligible investments made on or after September 15, 2026. A national farm group said it was pleased with the steps on farm transfers but that additional action will be needed on rising diesel costs.

Farming. Added November 8, 12:08 pm Saskatchewan time.References 12