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Agriculture Report

Grey County Farmers Want Tax Break

Fadi

By Fadi Didi

New assessments show farm land in Grey county has jumped in value 71 percent.


Length: 1:04

New assessments show farm land in Grey county has jumped in value 71 percent.

The President of the Grey Federation of Agriculture, Mike Ryan says with property taxes likely to soar now, it's a big issue among farmers.

Ryan explains the provincial policy is that farm land  can only be charged at a maximum rate of 25 per cent of the residential rate.

Farmers are asking Grey County for a farm rate of 22 per cent of the residential rate this year.

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This Friday, farmers and consumers across Canada will have a reason to celebrate.

Feb. 9th marks the day when the average Canadian has earned enough income to pay for his or her grocery bill for the entire year.

Last year, Canadians spent 11 per cent of its disposable income on food.

This number increased slightly from 2016 when Canadians only spent 10.7 per cent of their income on food.

As a result, the country will celebrate the 2018 Food Freedom Day one day later than last year.


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