CRA changes tax definitions for canadian campgrounds

[jamie]

http://www.cbc.ca/news/canada/ottawa/campgrounds-tax-rule-small-business-1.3630235

"The Canada Revenue Agency has decided that certain campgrounds are too small to qualify for the small business tax deduction — a decision that could increase those operations' tax rates from 15 per cent to 50 per cent."

Looks like it's another shot at the small entrepreneur in Canada. Apparently a lot of family owned campgrounds don't employ enough people and it's the land that makes the money, not the hard work of the owners and their families. Not sure how this will affect the provincial parks (if that even matters) but I can see a lot of owners taking a huge hit and possibly selling off property. If the tax assessment is high enough, what are the chances that campground will stay a campground? Most of these places are far enough away from towns that their development value is pretty low. Their dollar value will plummet, people will go out of business and we'll have less camping spots to enjoy, and the ones that are left will have to charge a lot more.

When the powers that be understood how much money snowmobilers pump into local economies, trails were expanded. Same with ATV's and the legalization of them and UTV's on public roads in rural townships. I hope they realize there is the same effect with RV's. It's another case of urban elites being the tail that wags the dog.