A Commercial Woodlot is a Farm

Harry is passionate about managing his woodlot in order to leave it as a better place for the future Harry also wishes to run his woodlot as a business so it will grow in value and become profitable Once it has positive income, it becomes a much more valuable property and can be sold as an investment or passed on without burden to others Therefore, he is treating his woodlot as a business venture and wishes to take full advantage of the provincial and federal incentives that are available to him.

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