Ottawa announces 2025 livestock tax deferral regions  Relief aims to ease financial strain from drought, flooding19 August 2025 19 August 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaCanada's federal government has released the initial list of regions eligible for the 2025 Livestock Tax Deferral, a financial relief measure for producers forced to sell breeding stock due to drought, flooding or excess moisture, according to a government-issued press release. “By offering a tax deferral option to those in affected areas, we are helping folks manage uncertainty, make informed business decisions, and safeguard their livelihoods,” said MacDonald. The Livestock Tax Deferral provision allows eligible producers to defer a portion of the income from the sale of breeding animals until the following tax year. Alongside the tax deferral, producers are encouraged to enrol in business risk management programs such as AgriStability, AgriInsurance and AgriInvest. A full list of eligible regions will be available on the Agriculture and Agri-Food Canada website.