What do the proposed federal tax changes mean for your farm?

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Alberta producers are invited to attend the 5th annual Alberta Crops Breakfast on November 9 to learn what the proposed federal tax changes mean for their farms.

Chartered Professional Accountant and Business Valuator Dean Gallimore will delve into this hot topic as the guest speaker at this free event held in conjunction with Agri-Trade in Red Deer.

“The federal government says their tax proposals are about fairness,” Gallimore said. “Many farmers will be shocked by the impact of these proposals on their situations. Farmers should be proactive in trying to figure out how this proposed legislation affects their business moving into the future.”

Gallimore is a retired partner from KPMG LLP in Lethbridge, where he spent his career working with agriculture clients and strategies. He has authored a Professional Development Publication for CCH Canada Limited on Farm Taxation and co-written Tax Strategies for Farmers (published by Alberta Agriculture).

The breakfast starts at 7:30 a.m. at the Sheraton Hotel in Red Deer, with Gallimore’s presentation called “Proposed Federal Tax Changes – What does this mean to your farm?” taking place at 8:15 a.m.

This event is hosted by Alberta Barley, Alberta Canola Producers Commission, Alberta Pulse Growers and Alberta Wheat Commission. The breakfast is free to attend but pre-registration is required.