Good Morning 2026
Posted: Thu Jan 01, 2026 10:15 am
New thread here. Sorry time got away on me!
Poultry Talk Ontario (pto.ca)
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Good Morning 2026
Page 1 of 1
Re: Good Morning 2026
Posted: Thu Jan 01, 2026 12:57 pm
Happy New Year everyone!
Re: Good Morning 2026
Posted: Sat Jan 03, 2026 5:41 pm
Happy New Year!! Hope its a good one... although one of our own is going thru a trying time right now... Hopefully she will pop in and fill us in!!
Re: Good Morning 2026
Posted: Tue Jan 06, 2026 4:56 pm
Oh dear. Hope they are OK.
Re: Good Morning 2026
Posted: Tue Jan 20, 2026 10:10 pm
- So.much snow!
- It's cold outside!
Re: Good Morning 2026
Posted: Mon Jan 26, 2026 11:38 am
Chickens don't like snow much do they? My two are stuck in the coop with the heater on - forever it seems......
Free greenhouse
Posted: Mon Jan 26, 2026 12:19 pm
Based on the 2025 Canadian Federal Budget, the government has introduced a temporary measure allowing for the full (100%) write-off of eligible greenhouse buildings acquired on or after November 4, 2025, that become available for use before 2030
. This is a form of immediate expensing that allows corporations to deduct the entire cost in the first year rather than depreciating it over several years.
How to Qualify and Apply:
Eligibility Requirements: The greenhouse must be considered an eligible manufacturing or processing (M&P) building. At least 90% of the building's floor space must be used for manufacturing or processing activities, such as growing, cultivating, or harvesting crops.
Timing: The greenhouse must be acquired on or after November 4, 2025, and become available for use before January 1, 2030.
Acquisition Type: The property must be new or, if used, cannot have been previously owned by the taxpayer or a non-arm's-length person.
Application Method: You do not "apply" through a separate application form. The deduction is claimed directly through your corporate income tax return (T2) by claiming Capital Cost Allowance (CCA).
Specific Rules: If you acquire the property in 2030 or 2031, the deduction is reduced to 75%, and to 55% for 2032 and 2033.
Key Considerations:
Record Keeping: Maintain detailed records of the acquisition date and when the greenhouse became operational (available for use).
Phase-Out: The 100% deduction applies specifically to property used before 2030.
Future Use Changes: If the use of the building changes later, recapture rules may apply, meaning you might have to pay back some of the tax benefits.
Note: The information above is based on the 2025 federal budget proposals. It is recommended to consult a tax advisor to ensure your project meets the specific "available for use" and "manufacturing and processing" criteria defined by the Canada Revenue Agency (CRA).
. This is a form of immediate expensing that allows corporations to deduct the entire cost in the first year rather than depreciating it over several years.
How to Qualify and Apply:
Eligibility Requirements: The greenhouse must be considered an eligible manufacturing or processing (M&P) building. At least 90% of the building's floor space must be used for manufacturing or processing activities, such as growing, cultivating, or harvesting crops.
Timing: The greenhouse must be acquired on or after November 4, 2025, and become available for use before January 1, 2030.
Acquisition Type: The property must be new or, if used, cannot have been previously owned by the taxpayer or a non-arm's-length person.
Application Method: You do not "apply" through a separate application form. The deduction is claimed directly through your corporate income tax return (T2) by claiming Capital Cost Allowance (CCA).
Specific Rules: If you acquire the property in 2030 or 2031, the deduction is reduced to 75%, and to 55% for 2032 and 2033.
Key Considerations:
Record Keeping: Maintain detailed records of the acquisition date and when the greenhouse became operational (available for use).
Phase-Out: The 100% deduction applies specifically to property used before 2030.
Future Use Changes: If the use of the building changes later, recapture rules may apply, meaning you might have to pay back some of the tax benefits.
Note: The information above is based on the 2025 federal budget proposals. It is recommended to consult a tax advisor to ensure your project meets the specific "available for use" and "manufacturing and processing" criteria defined by the Canada Revenue Agency (CRA).