Mr. Speaker, our new government is acutely aware of the drought situation in certain parts of Canada and the difficulty these farmers are going through.
That is why today I am pleased to announce a tax deferral for producers in affected areas who have had to sell their cattle due to drought. The money they save from the tax deferral this year will greatly assist them as they have to restock their herds in the spring.
This is good news for farmers. It is part of our government's ongoing commitment to farmers. Farmers come first in this caucus.