GFM Network News


“That’s the point I think we could have stressed more,” says Kyle. “You say you don’t think it’s a good life, but you’d never do anything else, and we feel the same way.”

‘You can’t hand it to them’

Every transition is unique. This one is too. But inside Kyle (left) and Bryan Maynard’s experience are nuggets that can transform the process for farms across the country

Reading Time: 10 minutes It all makes perfect sense. When, two days before their eighth and 10th birthdays, brothers Bryan and Kyle Maynard lost their dad, Kent, in a tragic farm accident, of course the future of the farm was thrown into disarray. Kent had grown up nearby on a Prince Edward Island dairy and hog farm, but in […] Read more

If businesses took no risks, they most likely would never grow or expand. Farms are no different, but what are you prepared to pay to cover that risk and how will you do it?

A word about your farm

Financial fluency is paying off for farms who learn the lingo

Reading Time: 7 minutes A growing number of financial advisors are talking a different language today than they were 10 or 15 years ago. Increasingly they see that the financial health of the farm goes way beyond the numbers on the balance sheet or income statement. They know those numbers are underpinned by some basic fundamentals that require sound […] Read more


“There is a real need in small business — particularly in agriculture — to have someone who can become part of the management team.” – Trish Fournier.

Building a better farm business

Is Trish Fournier creating the new template for how Canada’s farms will inject cutting-edge financial skills and strategic business acumen into their mid- to large-size operations?

Reading Time: 6 minutes Today’s farm operations are growing ever more complex. There are crucial production, financial, human resource, marketing and other management decisions to be made, and it is impossible for farmers to be expert in every facet of the business. Enter farm business advisors. Hiring advisors and consultants isn’t a new concept, as farmers have outsourced accounting […] Read more

The Hunter family has a plan so future generations can carry on the family farm legacy.

Family through succession: Putting the Hunter plan into operation

"The best thing you can do to protect your legacy is to be a part of planning what it will be.”

Reading Time: 7 minutes We wrap up the Hunter family succession story with this final article in our five-part series. It has been a remarkable venture for our team to share with Country Guide readers the transition-planning journey undertaken by this family. The process took just over one year, from the start to the finish of the plan, and […] Read more


Farmer in field

Farm fit

Maybe the phrase “Standardized Financial Benchmarks for Canadian Farm Financial Statements” doesn’t instantly get your blood pumping. But read on. Could this be the tool that lets you control your future?

Reading Time: 8 minutes Like many others, Larry Martin is convinced that Canada’s agriculture is evolving far faster than anyone driving a few miles of country sideroad could guess. The scenery hasn’t changed. At least, it hasn’t been transformed. It’s still a patchwork of crisp farmsteads and open fields, and of barns and bins. But those who live here […] Read more

Last year, Statistics Canada revealed Canadian farm debt exceeds a record $100 billion dollars.

Borrowing our way to prosperity

Is it healthy for Canada’s farmers to have more debt than 130 of the world’s national governments?

Reading Time: 5 minutes Farmers and the ag industry love to set records. They drool over variety yields, bushels per acre, acres per hour, rates of gain, and any other metric that might portray them as more productive, efficient or simply better than their competitors. Yet barely a word was mentioned last spring when Statistics Canada revealed Canadian farm […] Read more


Minerva Foods is a producer and marketer of beef, including exports of live cattle. The company is headquartered in Barretos, Brazil.  Photo: azgek/iSock/Getty Images

Brazil meat company Minerva plans IPO by Chilean unit

Reading Time: < 1 minute Sao Paulo | Reuters – Brazilian meat company Minerva SA plans an initial public offering in Santiago of its units outside Brazil as a way to reduce its debt, according to a securities filing on Tuesday. After a capital increase at its Chilean subsidiary Athena Food, Minerva said it will gather its operations in Paraguay, Uruguay […] Read more

Cropped image of handsome businessman in casual wear using a laptop and examining documents while working in the office

Seven summer financial bottlenecks

In biz-speak, a bottleneck is a point of congestion that causes delays or inefficiencies, leading to higher costs. It’s a perfect metaphor for farm finances at a time of year when the bottle we’d rather be thinking about might have something cold in it, with us sitting on a dock. Yet summer is a too-good-to-miss[...]
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Piggy Bank and canadian dollars close up shot

Stress tests for change

Here’s a quick way to keep your eye on your cash flow projections this summer to help you plan loan payments and expenses this fall

Reading Time: 4 minutes Knowing how to read and understand financial statements is one of the first steps in assessing financial risk, helping you track how you’re doing compared to previous years (or against sector averages), and how any changes may have an impact on your bank account. From a financial perspective, stress testing can be the ultimate proactive[...]
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A hand full of Canadian money

The critical role of cost control on the farm

Guide Thrive 2015: Upgrading your planning, tracking and benchmarking processes isn’t always easy, but it can put you in charge of your farm’s future

Reading Time: 5 minutes Forget good luck. As a strategy, it obviously has its weaknesses. Worse, it takes your eye off the factor that really makes a difference — how good you are at tracking and managing your costs. If there’s any luck involved in that, says Drew Fowler of Eyebrow, Sask., it’s a word that never comes to[...]
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