Resolved, that KAP work with the young farmers policy committee, the Canadian Federation of Agriculture, and the Department of Finance Canada to develop a program that would allow a landowner to be eligible for a full tax rebate on land rental income earned from renting land and/or selling land to a young farmer whose eligibility in the program would be defined under specific parameters.
Update
This resolution remains a key priority for KAP and has undertaken research on the issue. KAP continues to advocate for a tax rebate program that incentivizes landowners to rent or sell farmland to young, qualifying producers—ensuring the next generation can enter farming sustainably.
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Education & Farm Succession