Where to park money in Canada in interest bearing account?

[Old Cowzilla]

And by the way I have nothing against Case Ih combines !

You see lots of combines running up and down fields on utube but never see a combine (deal). Now that would be entertaining !!!!!

[Sheepwheat]

I would be more worried about having enough firearms and ammunition, and a lot of full fuel tanks, and sharp chains on the chainsaw, a few animals that guarantee a food supply.

When it all blows up, money will be worthless imho. Might happen in two years, maybe in a hundred or two years. But be prepared so you can live and feed your family. A stack of Borden’s isn’t going to matter. But a .308 with plenty of ammunition might.

The Farmer that traded X9s for caseihs must of been on drugs !

Where's the deal on augers I haven't found any ?

Yea gotta be a kick in the nuts for the die hard green guys
They’re on a few case lots , strange ?

[shtferbrains]

The Farmer that traded X9s for caseihs must of been on drugs !

Where's the deal on augers I haven't found any ?

Story here is Monette sold them to his friends as they have empty lot with little inventory coming.
Jimmy is taking care of Monnette.

For what it's worth.
Zero?

[Happytrails]

[QUOTE So it’s a good deal if you’re in a tax crunch today but it’s really just kicking the tax problem down the road a couple years.[/QUOTE]

The rules are that you don't get to win. And I can live with the $1.5M cap.

The Farmer that traded X9s for caseihs must of been on drugs !

Where's the deal on augers I haven't found any ?

Over last July
Missed it

[Partners]

Very little New steel on the lots now is the difference.
Covid killed any excess building of anything.
Nobody is excited to ramp up production to catch up..
Way different than the 80's..
Need a part for the AGI auger.
No parts..we only build complete augers??????WTF....

In the 80's steel dropped faster in value than we could make payments on it. But don't worry guys that could never never happen again . P.S. STILL got a couple of pieces of steel parked in the bush to remind me of those times

yep , land did too
the def scam is helping resale on the old shit tho

[fjlip]

1.5 MILLION, geez only one combine and we max out!

Note...everything with Taxes/CRA is Tax Deferral. Only Alt Min tax is prepay and claim back.

DIE or QUIT and then we or survivors weep.

In the 80's, Business Tax Credits were a straight 10% off tax payable, calculated on GROSS cost of NEW iron, buildings.

[jdg364]

Filed company taxes yesterday. The accountant informed me that machinery purchases are a 100% tax write off at the moment. I hadn't heard. Was a big deal in the old days.

That’s not quite right, I believe the following is correct but check with your accountant again.. Businesses are able to depreciate the total purchase price of equipment (not bins or buildings) of up to 1.5 million. This program is for the 2022-2024 years and doesn’t reset every year. The catch is that it burns up your depreciation in the years further out.

So it’s a good deal if you’re in a tax crunch today but it’s really just kicking the tax problem down the road a couple years.