Federal budget proposes historic tax reform to preserve family farms

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The proposed measure would allow nieces and nephews to receive qualifying family farm property on a tax-deferred basis, correcting a longstanding inequity that has complicated succession planning and threatened the future of family-owned farms. 

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“This is an extraordinary victory for Canadian farming families,” Shrosbree said. “We spent a year making the case publicly and directly to government. We’re delighted Ottawa listened and acted on our recommendations.” 

Shrosbree and the Farmstrong team pursued the issue through media appearances, social media, meetings with MPs, and direct engagement with federal officials. 

Their advocacy drew praise from Liberal MP Ruby Sahota, who wrote to Shrosbree immediately following the budget announcement. 

Shrosbree emphasized that the achievement reflects the determination of many voices across Canadian agriculture. 

“Organizations like the OFA, CFA, APAS, and FCC have helped bring attention to the challenges of farm succession. Their ongoing commitment to farming families deserves recognition. And so do the farmers who came forward to speak in Farmstrong’s media campaign,” he said. “Thanks to all.” 

Shrobee also praised MPs and federal officials who listened and recognized the need for change. 

“This is what good government looks like. People raise a legitimate concern, elected representatives listen, and meaningful action follows.” 

For Shrosbree, the issue is deeply personal. His own family lost its farm, an experience that also fractured family relationships. 

“I know the heartbreak that can come when succession goes wrong. No farming family should face that unnecessarily,” he said. “The real winners are Canada’s farming families. Their legacy deserves protection.” 

The proposed change would apply to eligible transfers beginning January 1, 2027, subject to legislation. 

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alice.mcfarlane@pattisonmedia.com