Ottawa offers tax break for greenhouses to reduce food prices

Alberta’s greenhouse industry acknowledges a new federal tax program aimed at expediting write-offs for capital expansions, which could enhance cash flow for producers. However, they emphasize that operating costs have a more significant impact on food prices than capital expenses. Despite the appetite for growth, uncertainties like potential changes to the Temporary Foreign Worker Program complicate expansion decisions. Alberta’s Agriculture and Irrigation Ministry views greenhouse production as a priority for reducing import reliance and enhancing food security.