Reading Time: 9 minutes When Gwen Paddock began her finance career some three decades ago, farmers were looking for a chequing account, an operating loan and maybe some short-term financing for equipment and land. Not so today. “Farms are getting bigger with more moving parts,” says RBC’s national director of agriculture. “Now, farmers and farm operators are looking for […] Read more
Farm debt in perspective
Yes, $90 billion in farm debt is a lot, but most farmers should be able to weather most storms if they up their focus on their risk exposure
Which joint venture will work for you?
AME Management: Building a business structure that works for your farm
Reading Time: 6 minutes The whole world acknowledges the brilliance of Albert Einstein. He is famous for his discoveries about relativity and the pull of gravity, and for his equation E=mc2, which says that the increased relativistic mass (m) of a body times the speed of light squared (c 2) is equal to the kinetic energy (E) of that […] Read more
Editor’s Note: They’re wrong about our farmers
Today’s agriculture is proof that farmers are a resource you can grow a country on. So why would you want to stymie them?
Reading Time: 2 minutes I rarely talk politics in this space, and I like it that way. But as we put this issue together, I find I’m trying read the facial gestures of federal cabinet ministers, I’m scrutinizing their word choices, and I’m asking everyone I know what they’re hearing in the back corridors. It isn’t exactly how you’d […] Read more
Their joint venture
The way Doyle Wiebe and Mark Thompson work together is beginning to look like the future for a big chunk of Canada’s farms, especially in succession
Reading Time: 10 minutes Canada’s farmers are designing ever more creative business arrangements to deal with the scarcity of available land and with the capital requirements for farm expansion, diversification and succession. Now Saskatchewan producer Doyle Wiebe has developed and implemented a joint venture agreement on his farm near Langham, Sask., that may prove one of the most unique […] Read more
Seeing eye to eye
Part one in a five-part series on successful farm leadership
Reading Time: 3 minutes There are shelves full of books and articles on leadership, yet it can still be a struggle to apply their principles on our farms and to decide who leads and how. Even so, today’s farmers must recognize that fewer than one third of family-owned businesses succeed to the next generation, and we must learn to […] Read more
Finding a way to say ‘Yes’
Saying ‘no’ to a multi-generation corporation has helped Richard and Nicole Brousseau find their own route toward succession, with a clear focus on family
Reading Time: 8 minutes The road to farm succession can have many twists and turns. And every farm is unique, so it can be easy to lose your way in all the options, or to fall into somebody else’s cookie-cutter solution. Yet being true to your own business and family needs should always come first, as the Brousseau family […] Read more
Where are the farm women?
The research is incontrovertible. Diversity creates strength. So why aren’t we making greater strides at getting farm women involved?
Reading Time: 4 minutes I’m one of a dozen women sitting around a long boardroom table. The surroundings are completely unfamiliar and slightly intimidating. We politely watch a video and quietly chat with one another about our farms, succession, our families and, of course, the weather. The woman across from me taps tentatively on the little microphone that seems […] Read more
The census mystery on Canadian farms
29,000 mid-career farms have disappeared in just five years. What happened?
Reading Time: 9 minutes For the most part, the 2016 Census of Agriculture was as unsurprising as most farmers might have expected. We already knew that farms are getting larger, and that farmers are getting older. But the census did reveal something striking — a shocking reduction in the number of mid-career farmers between the ages of 35 and […] Read more
Growing professional
Across the country, young farmers like Holly White and Kent Sereda are building respect for a new generation of business skills
Reading Time: 9 minutes Newlyweds Holly White and Kent Sereda were already quite good at tackling what you might call their legal due diligence, updating their wills and preparing marital agreements. Then they realized they should go even further. This was the right time, they decided, to review the whole succession plan for the fourth-generation family farm that they […] Read more
Build a learning farm
This summer, start your lifelong educational strategy
Reading Time: 9 minutes Farmers always have their hands full, so it’s not always easy to think that signing up for a seminar, conference or training course is a wise investment or a good use of time. The business case, however, is pretty clearly in favour of doing just that. “If you look at it purely from an economist’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
