Mainstream Canada Opposes GST Burden on Farmers
In Regina John Bulloch of the Canadian Federation of Independent Business warns the Goods and Services Tax will hit farmers hard with upfront 7 percent charges on inputs, monthly reporting, and new compliance costs. He notes off farm purchases, land sales, and irrigation equipment face GST, while rebates lag behind. Farmers face cash flow strain and possible extra bank financing as they contend with the reform.
MENTIONED IN THIS ARTICLE
Terry O’shaughnessy
House of Commons
Regina
John Bulloch
Canadian Federation of Independent Business
Revenue Canada
Bulloch
The Chetwynd Echo marks 31 years serving readers
The Chetwynd Echo celebrates 31 years of local coverage and community service. The paper highlights its role in reporting town news, events, and notices while continuing to serve residents with timely reporting and community information.
MENTIONED IN THIS ARTICLE
Chetwynd Echo
BC education funding to boost per pupil aid and tax relief rollouts
BC to implement a new block funding system for education at the new fiscal year providing 5259 dollars per pupil an increase of 305 over 1989 90 to districts with any extra spending requiring local referendum approval. Petroleum and mineral production in BC reached 4 16 billion in 1989 up five percent from 1988 natural gas value rose to 638 million coal sales 1 04 billion. Canada’s first wood fibre matting plant will be built in New Westminster by Canadian Forest Products Ltd at about 13 million including 4.3 million in loans. The plant aims to employ 30 and will use refined wood fibre to produce matting. The BC government adds 250 000 to a 2 5 million forestry enhancement program creating 20 000 work days in 1988 89 and continuing at that level this year. Kam-Pac Forest Products of Kamloops will grow workforce to 16 from nine under a Small Business Forest Enterprise Program timber harvesting licence.
MENTIONED IN THIS ARTICLE
Canada
New Westminster
Canadian Forest Products Ltd
Kam-Pac Forest Products Ltd
Kamloops
Update on BC Logging Tax Act
The act imposes a ten percent tax on net income from logging operations on private or crown land in the province. It is deductible from income taxes if claimed within three years. Annual returns are due within six months of the operator’s fiscal year end. Appeals are allowed within sixty days of assessment with a five year revision window. Copies of the act cost $3.00 via Crown Publications in Victoria.
MENTIONED IN THIS ARTICLE
Commissioner of Income Tax
Ministry of Finance and Corporate Relations
Parliament Buildings
Victoria
Crown Publications
Yates Street
Also Mentioned on This Page
Mainstream
Chetwynd
Chetwynd & Area
Hudson's Hope
Tumbler Ridge
Moblely Lake
Jackfish
East Pine
Hasler
51St Street
Pioneer Place
P.O. Box
Chetwynd, BC
Maureen ' Killian' Gammon
Kimberly Beattie
Sue Houde
Moberly Lake
Darlene Evans
Nita Flack
Valerie Embree
Wendy Coomber
Jim Nichols
Uss.a. & Foreign
The
Canadian Community Newspapers Association
British Columbia & Yukon
Community Newspaper Association
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