Coldstream is saddling up to rope in some support for its horse farming residents.
The district hopes to make life a little easier, at least financially, for farmers with horses. Therefore local politicians are calling for a harmonization of the application of agricultural sources of income across all commodities.
Out of the district’s 567 farms, 110 of them deal with horses or are horse-related operations.
“A lot of these farms may have been negatively impacted or lost their agricultural status,” said Coun. Maria Besso.
Advocating on farmer’s behalf, Coldstream is hoping to increase the number of uses that can be used for farm income. Currently the Canada Revenue Agency looks at farms from a broader number of sources than B.C. Assessment and the goal is to harmonize the two agencies’ lists of things considered agricultural products.
Coldstream will push for changes at the May 4 to 6 Southern Interior Local Government Association AGM.
One councillor isn’t convinced such changes will provide any benefit.
“You don’t have to report farm income unless there’s a reasonable likelihood of a profit,” said Coun. Bill Firman.