CCA Welcomes Critical Changes to Livestock Tax Deferral Provisions and Early List of Regions for 2024

The Canadian Cattle Association (CCA) is pleased to see the federal government’s announcement today announcing changes to the Livestock Tax Deferral (LTD) following the indication in Budget 2024. Changes include adding a buffer zone to LTD designated regions to ensure impacted producers will be eligible and a commitment to early designation and more frequent updates to the regions throughout the season.  

For full news release, click HERE.

Map of LTD regions: https://agriculture.canada.ca/en/agricultural-production/weather/livestock-tax-deferral-provision/2024-list-prescribed-regions?fbclid=IwZXh0bgNhZW0CMTEAAR1kDCNMFGjZ0eBPjvYsytDNGIhZtZD5fbIBDxIw1aNan94mYrr-Zss3iCY_aem_ZmFrZWR1bW15MTZieXRlcw