Every farm transition begins with a conversation, however, many Canadian farmers have yet to take that first step.
With nearly one in four Canadian farmers now 65 or older – and more than 40 per cent expected to retire in the next decade – the pressure to plan for farm succession is growing. That’s why ...
It’s estimated that at least 40 per cent of Canada’s farmers will retire within the next decade, making farm succession planning a hot topic in agriculture. With the average age of farmers on ...
It’s no secret that Canada’s farm population is aging. Statistics Canada’s 2021 Census of Agriculture revealed that over 60 per cent of Canada’s farmers are 55 and older and that ...
More than half of Canada’s ag producers are 55 or older and are just now starting to think about the future of the business they’ve worked hard to build and grow. And while it’s not too late ...
Over 85 per cent of Canada’s farms don’t have a written transition plan in place, a fact that could put those operations in jeopardy when it’s time for an ownership change.
Over 85 per cent of Canada’s farms don’t have a written transition plan in place, a fact that could put those operations in jeopardy when it’s time for an ownership change. A formal plan can ...