Tax

Every year, tax laws and interpretations change and become more complex – making it difficult for agriculture businesses to not only comply but maximize the returns to their farm business. That’s why it is important to work with a team of tax advisors who have the history, expertise and industry insight to help you stay competitive and profitable.

We tailor our business and personal taxation services to meet the unique needs of our agriculture clients. We understand that your business plan is an evolutionary process that must be adapted as family dynamics change and the farm business matures. We also know what it takes to ensure you pay the least amount of tax possible and get the most from your operation.

To learn more about MNP’s Agriculture Tax Services, please download our fact sheet.

Solutions for Your Success

  • Taxpayers in Canada are entering a new and uncertain era of taxation policy. The financial impact of COVID-19, combined with the fiscal budgets over the past few years has resulted in historic levels of government spending. This leaves many left to wonder what the tax rates of the future will be. We suspect future tax policy will have a significant impact on farming and agriculture businesses. There are several potential impacts to consider. We briefly touch on a few important topics to Canadian farmers in this article. 

    Insights

    • Performance
      Open field with sun rising

      April 22, 2021

      The 2021 Federal Budget Highlights for the Agriculture Sector

      The 2021 Federal Budget delivered numerous announcements that may impact the agriculture sector. Find out what the changes mean for you and your farm business.

    • Performance

      January 12, 2021

      Tax Tip Reminders for Dairy Producers

      As tax filing for 2020 approaches, dairy producers should keep in mind a few key points to minimize any surprises and ease their tax burden now and in the near future.

    • Performance
      A person walking through a wheat field

      October 11, 2020

      Capital gains exemption not keeping pace with land values and costs

      The $1 million capital gains exemptions hasn't kept pace with the ever increasing capital and operating costs facing farm operators today.

    Contact Our Agriculture Team

    Ron Friesen, CPA, CA, is a Tax partner in MNP’s Saskatoon office. Ron specializes in providing tax and business advice to individuals, owner-managers and medium-sized businesses.

    With more than 21 years of industry experience, Ron’s focus is on the resolution of complex taxation issues for agriculture, general small business and estate planning clients. He advises on all aspects of Canadian taxation, including personal and corporate income tax compliance, incorporations, corporate restructuring, acquisitions and divestitures, appeals, negotiating with tax authorities as well as planning and executing tax savings techniques. By working one-on-one with his clients, Ron provides customized strategies and solutions to meet their business needs.

    Ron earned his Chartered Accountant designation in 1993 and his B.Admin. in 1990 from the University of Regina. He currently co-chairs the North Saskatoon Business Association – Tax Committee and serves as Treasurer of the Hague’s Mennonite Church and is a Tax advisor for the Canadian Federation of Agriculture.