For farmers and stakeholders across the agri-food supply chain, 2025 has started on a high note. Jan. 6 was a particularly good day for the sector.

While Prime Minister Justin Trudeau remains at the helm, Parliament has been prorogued, and with it, the future of some contentious legislative proposals is in serious doubt. When MPs return on March 24, the government will likely face a confidence vote, potentially leaving several flawed bills and proposals to die on the order paper.

Among the most notable casualties are Bills C-282 and C-293, as well as proposed changes to the taxable portion of capital gains. For those of us concerned about the economics of food and farming, this marks a rare victory for pragmatism over politics.

One of the most controversial proposals that failed to survive was a plan to increase the taxable portion of capital gains from 50% to 66.7% for individuals and companies earning more than $250,000 in capital gains. For farmers, who often rely on the sale of land, equipment or quotas as part of succession planning, this change would have represented a significant financial burden.

While the Canada Revenue Agency (CRA) may still be considering modifications to capital gains taxation, the rejection of this proposal underscores the importance of sound political leadership. Farmers and........

© Edmonton Sun