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PURPLE GASThe A...

PURPLE GAS

The Alberta fuel benefit program is designed to offer fuel to Alberta farmers at prices competitive with those paid by farmers in other parts of North America. This allows Alberta farmers the ability to purchase gasoline and diesel at reduced prices. In order for farmers to qualify the must:

A) Be actively and directly farming by controlling farming assets and making the day to day management decisions;

B) Have annual farm commodity productions worth at least $10,000 (or $5,000 - $9,999, if the only other significant source of income are CPP or OAS).

Eligibility must be renewed every three years.

When incorporating operations, it is important to ensure that the individual revises applications to ensure receipt of benefit by corporate entity.

For farming vehicles that are transferred to the corporation, maintaining farm plates is essential to maintaining access to purple gas. Registration of vehicles will need to be revised to the corporate name, and identification of eligibility for farming plates. The farmer also runs the potential loss of benefit on personal vehicles, as the individual is no longer an active registrant in the program.
PURPLE GASThe A...
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Monday, 13 July 2020