The AgriPost
February 22, 2019
Strong Charolais Breeding Program Wins Award
Barb and Darcy Kozack are the winners of the 2019 Manitoba Charolais Commercial Breeder of the year, pictured standing alongside their cattle south of Rossburn.
By Joan Airey Darcy and Barb Kozack were named Manitoba Charolais Commercial Breeder for 2019. The couple ranch south of Rossburn, Manitoba. Darcy and Barb began
farming together at Darcy’s family farm in 1992 taking over from his parents. At that time Barb had a veterinary practice in Rossburn and she jokes Darcy was one of her best clients. For as long as Darcy can re-
member even before he and Barb took over the farm his parents had used Charolais bulls. “We run a hundred and twenty cows and usually have about three quarters calving in the first cycle and
about ninety per cent have calved by the second,” said Barb. “We see the value in good nutrition and the importance of feeding adequate trace minerals and vitamin supplementation in all aspects of our cattle program. Continued on Page 2
Additional Livestock Producers Receive Tax Relief for 2018 The Government of Canada released the final list of designated regions where livestock tax deferral has been authorized for 2018 due to drought conditions. On September 14, 2018, the Government announced the initial list of 63 prescribed Manitoba regions eligible for livestock tax deferral. Ongoing analysis of drought conditions has indicated the need to expand the list of designated regions for 2018, with new regions identified. A second designation of 17 eligible regions was made on October 31 for the province. In total 80 regions in Manitoba have been identified as eligible for the 2018 Livestock Tax Deferral. The livestock tax deferral provision allows producers in prescribed drought or excess moisture regions to defer a portion of their 2018 sale proceeds of breeding livestock until 2019 to help replenish the herd. The cost of replacing the animals in 2019 will offset the deferred income, thereby reducing the tax burden associated with the original sale. Eligibility for the tax deferral is limited to those producers located inside the prescribed areas. To defer income, the breeding herd must have been reduced by at least 15%. Where the breeding herd has been reduced by at least 15%, but less than 30%, 30% of income from net sales can be deferred. Where the breeding herd has been reduced by 30% or more, 90% of income from net sales can be deferred. Producers in those regions can request the tax deferral when filing their 2018 income tax returns. Visit agr.gc.ca and choose drought watch under programs and services.