Alberta Bulletin
Alberta Canola Board of Directors
Alberta Canola’s 30th Annual General Meeting was held January 28 during the FarmTech Conference in Edmonton. Following the meeting, John Guelly of Westlock was re-elected as chair, and Kevin Serfas of Turin was re-elected vice-chair.
- Dan Doll
Region 1 Director
Fairview, AB
780-835-8418
dan@albertacanola.com - Andre Harpe
Region 2 Director
Valhalla Centre, AB
780-814-0964
andre@albertacanola.com - Denis Guindon
Region 3 Director
Falher, AB
780-837-6343
denis@albertacanola.com - John Mayko
Region 4 Director
Mundare, AB
780-632-8838
jmayko@albertacanola.com - John Guelly
Region 5 Director
Westlock, AB
780-349-1026
john@albertacanola.com - Wayne Schneider
Region 6 Director
Nisku, AB
780-975-7605
wayne@albertacanola.com - Mike Ammeter
Region 7 Director
Sylvan Lake, AB
403-350-4473
mike@albertacanola.com - Ian Chitwood
Region 8 Director
Airdrie, AB
403-470-7857
ian@albertacanola.com - Kevin Serfas
Region 9 Director
Turin, AB
403-330-5603
kevin@albertacanola.com - Cale Staden
Region 10 Director
Mannville, AB
780-581-7888
cale@albertacanola.com - Roger Chevraux
Region 11 Director
Killam, AB
780-385-6358
roger@albertacanola.com - Holly White
Region 12 Director
Rolling Hills, AB
403-409-3654
holly@albertacanola.com
Tax Credit for the 2019 Tax Year
Open to Canola Farmers in Alberta
Canola growers in Alberta that do not request a refund of their check-off from the Alberta Canola Producers Commission qualify for a tax credit for the 2019 tax year.
The Scientific Research and Experimental Development (SR&ED) tax credit allows canola growers to claim the tax credit for that portion of the check-off paid that was used to fund qualifying research.
“The tax credit is an additional benefit for growers who pay check-off on crops like canola,” says John Mayko a farmer from Mundare, Alberta and the Chair of Alberta Canola’s research committee. “Farmers are funding research into finding solutions to agronomic issues like clubroot, while being able to capture some of that investment back at tax time.”
The tax credit rate for canola producers in Alberta for 2019 is 23.69 per cent. For example, if an individual grower paid $1000.00 in check-off to Alberta Canola in 2019, $236.90 is the eligible amount to be earned as the tax credit.
The tax credit can:
- offset federal taxes owing in the current year,
be received as a tax refund, - be carried forward up to 10 years to offset federal
taxes owing, or - be carried back 3 years to reduce federal taxes paid in those years.
Individual producers must file a T2038 (IND). Farm corporations must file form T2SCH31.
For more information, contact the Canada Revenue Agency or your accountant. albertacanola/sred
canolaPALOOZA 2020
The 6th annual canolaPALOOZA returns to the Lacombe Research & Development Centre on Wednesday, July 8.
canolaPALOOZA is hosted by Alberta Canola, the Canola Council of Canada and Agriculture & Agri-Food Canada.
There really is nothing like canolaPALOOZA. With over 100 experts spread across more than 25 learning stations… there really is an expert answer for every canola question. The event is free to attend, and you set your own schedule as you visit the learning stations of your choice – and all at your own pace.
For details visit albertacanola.com/palooza