Alberta unveils agricultural processing tax credit to spur investment - BNN Bloomberg

The Alberta Agri-Processing Investment Tax Credit will be available to the agricultural industry by the spring, according to a news release from Alberta’s provincial government on Tuesday. The province said the new tax credit attempts to capitalize on growing global demand for processed and packaged food.

Food was the largest manufacturing industry in the province in 2021, the release said, accounting for 23.8 per cent of manufacturing sales during that year. Through the Alberta Agri-Processing Investment Tax Credit, the release said eligible companies that make a minimum capital investment of $10 million into agricultural processing will receive a 12 per cent non-refundable tax credit.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks, futures fall on Fed outlook; dollar rises - BNN BloombergEuropean stocks and U.S. equity futures slumped as an unexpectedly strong U.S. jobs report raised the prospect of more rate hikes from the Federal Reserve. Thats awesome. Love it
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Meet me in the metaverse: Some companies set up shop in a digital environment - BNN BloombergAs a snowstorm bore down on Toronto, Aaron Grinhaus spoke fondly about the view from his office — not his law firm's building in midtown, but the one in the metaverse, where two park benches sit around a water fountain and the sky is a gradient of denim blue. Interesting takes!
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »