Canada’s family farms are strategic assets, and our tax laws are putting them at risk

Changing the Income Tax Act in this way is a win for government, a win for rural communities, and a win for farming families.

At the centre of this issue is Sec. 73(3) of the Income Tax Act, which governs tax deferrals on intergenerational farm transfers. Today, tax-deferred transfers apply to sons and daughters, but exclude nieces and nephews, writes Derryn Shrosbree. Photograph courtesy of Pixabay/Jill Wellington

Opinion

BY DERRYN SHROSBREE

March 9, 2026

Canada is facing a quiet but consequential threat to its food security, rural communities, and economic sovereignty which is embedded in our tax code.

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Environment Newsletter

From climate change to natural resources dive into environmental legislation, policy and advocacy. Monday Afternoon

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

FOLLOW THE HILL TIMES: