Skip to main content

Cattle Country - September 2025

Page 1

PUBLISHED BY MANITOBA BEEF PRODUCERS

SEPTEMBER 2025

109 youth and 122 head of cattle gathered in Neepawa over the August long weekend for the 18th annual Manitoba Youth Beef Roundup. Please see story on page 11. (Photo courtesy: Prairie Pistol Designs)

Minister MacDonald Announces Initial List of Livestock Tax Deferral Regions for 2025 On August 18 the Honourable Heath MacDonald, Minister of Agriculture and Agri-Food, announced the initial list of regions that will qualify for the Livestock Consolidated Census Subdivisions Based on the 2021 Statistics Canada Census Tax Deferral in 2025. The Livestock Tax Deferral provision allows live• Alonsa1 • Division No. 20, • Mountain (North) stock producers in prescribed areas, who are forced to Unorganized, South Part • Alexander1 • Mountain (South) 1 sell all or part of their breeding herd due to drought, • Division No. 21, Unorganized • Mossey River1 • Armstrong excess moisture or flooding, to defer a portion of their • Division No. 23, Unorganized1 • Bifrost-Riverton • Rockwood1 income from sales until the following tax year. The • Ethelbert1 • Coldwell1 • St. Clements1 income may be at least partially offset by the cost of • Fisher • Division No. 1, Unorganized1 • St. Andrews1 reacquiring breeding animals, thus reducing the tax • Gimli • Division No. 18, • St. Laurent burden associated with the original sale. Unorganized, East Part • Grahamdale Buffer zones have been applied to capture impacted • Swan Valley West producers who are outside the boundaries of the pre• Division No. 18, • Grandview1 • West Interlake scribed regions but may be experiencing similar condiUnorganized, West Part1 • Hillsburg-Roblin-Shell River1 • Woodlands1 tions. Weather, climate and production data from across • Division No. 19, • Lakeshore1 1 Buffered Designated Regions Canada will continue to be monitored throughout the Unorganized • Minitonas-Bowsman remainder of the season and regions will be added to the Background Information or more, 90% of income from net sales can be deferred. list when they meet the criteria. How the provision works: To defer income, the In a year in which a region has been prescribed, inLivestock Tax Deferral serves as an important inbreeding herd must have been reduced by at least 15%. come from the sale of breeding livestock can be deferred strument for farmers to mitigate the financial burden of drought, excess moisture or flooding. The Government Where the breeding herd has been reduced by at to the next tax year when the income inclusion may be of Canada will continue to work to ensure farmers least 15%, but less than 30%, 30% of income from net at least partially offset by the cost of reacquiring the breeding livestock. receive timely information to support their herd man- sales can be deferred. page 2  agement decisions. Where the breeding herd has been reduced by 30%

Contact a Sunrise Lender today! *Entry is conditional upon approval of Sunrise Credit Union Agriculture Financing. Some conditions apply. Please contact Sunrise Credit Union for full details.

www.mbbeef.ca

POSTMASTER : PLEASE R ETURN UNDELIVERABLE C OPIES TO: MBP, UNIT 220, 530 CENTURY STREET, WINNIPE G, MB R3H 0Y4 CANADIAN PUBLIC ATIONS MAIL PRODUCT SALES AGREEMEN T NUMBE R 40005187 POSTAGE PAID IN WINNIPE G.

Prescribed Regions in Manitoba


Turn static files into dynamic content formats.

Create a flipbook
Cattle Country - September 2025 by ManitobaBeefProducers - Issuu