Livestock Tax Deferral Provision

Tax deferral for livestock producers in some Atlantic regions

If you sold at least 15% of your breeding herd due to drought or flooding in Gaspésie, New Brunswick, Prince Edward Island or Northwestern Nova Scotia, you can defer up to 90% of the sale proceeds to the following year.

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Data source

Innovation Canada — Business Benefits Finder, under the Open Government Licence – Canada. July 2025 version. 8funder is not affiliated with the Government of Canada.

Classification derived from the organization name and the program text.

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