Reading Time: 6 minutes Farming is more than a career, it’s an identity. Which, up to a point, is a good thing. But the evidence is in, and it says that if the farm takes too much of your time and too much of your energy, that’s not good for your mental health, or for the health of your […] Read more
Finding your passion project
What to do with your time off? There are plenty of options that have nothing to do with the farm
How farmers can thrive in retirement
There isn’t a one-size-fits-all approach to retirement and planning ahead makes it much more enjoyable
Reading Time: 5 minutes For many farmers, being a farmer is part of their fundamental nature. It’s who they are and they can’t imagine a time when they won’t be a farmer. Who hasn’t heard a farmer say they want to die farming? But the reality is that many farmers will need to exit the business whether they want […] Read more
Planning for retirement: Lifestyle versus finances
Reading Time: 3 minutes Farmers might not think about retirement often, if ever. But the sooner you start to think about retiring, you can minimize the impact of the adjustment when the time comes. A retirement plan should be part of the conversation when creating a succession plan. The emphasis of succession planning is typically on transferring the business […] Read more
One page at a time
After 16 years and more than 4,000 stories, Tom Button, Country Guide’s editor, has turned a page in his career
Reading Time: 5 minutes For those who missed our December issue where Button thanked his readers for their almost two decades of support, you’ll have missed the announcement that Country Guide’s long-time editor is headed for retirement. What started as an opportunity to have fun producing a business publication for Canadian farmers soon transformed into the humble pursuit of […] Read more
Setting up your retirement goals
Decisions to make in your 40s, 50s and 60s
Reading Time: 5 minutes Every farmer will need an exit strategy, whether you’re looking forward to it or not. Age, health and family issues won’t wait forever. Besides, being proactive now can save tons of stress and family conflict and potentially thousands of dollars later on. It will make you happier too. So isn’t that worth thinking about? In […] Read more
Summer Series: Choosing the right time to quit farming isn’t easy
[Land] Rumours flew when Bobbie and Mark Bratrud decided to leave the farm. But sometimes an exit is a carefully considered decision
Reading Time: 8 minutes The second that Mark and Bobbie Bratrud started telling people they were done farming, the news travelled faster than a Saskatchewan wind. “It was a rotating door through our house,” Bobbie Bratrud says. “Everyone was coming by to ask, ‘are you guys okay?’” Mark recalls three of the most common rumours: “Somebody’s sick, you’re getting […] Read more
Summer Series: Make retirement your best years
[Change Management] Live more, spend more. Don’t abandon the habits of lifetime, but be generous to yourselves
Reading Time: 4 minutes With recent increases in land prices, farmers exiting agriculture will realize an influx of cash. But after a lifetime of saving for lean years and re-investing profits back into the farm, some retiring farmers will have difficulty increasing their spending accordingly. Retirement professionals have a name for this phenomenon. When actual spending is less than […] Read more
Planning the pullback
[Better Advice] Learning from David Hansen’s graceful exit from Canterra Seeds
Reading Time: 7 minutes Note: On October 2, 2023, Canterra Seeds appointed Brent Derkatch as its new president and CEO. Derkatch has been working with Canterra since 2001, most recently as the director of the pedigreed seed business unit. When a key employee leaves your farm operation, how much notice is best? If they leave too abruptly, you might […] Read more
In the Men’s Sheds
Men’s Sheds are helping rewrite the old idea that farmers have nothing to look forward to in retirement
Reading Time: 9 minutes John Wiebe raised cattle for 45 years, growing grain with his two brothers at Amaranth, near Lake Manitoba. That part of his life was much like that of any other farmer. But for more than 30 years of it, Wiebe also got in the habit of spending any spare days at Minnedosa, a town of […] Read more
Do you have an exit strategy for your farm?
For whatever reason, if your farm isn’t going to get transferred to your family’s next generation, these are big questions you need to get started on
Reading Time: 7 minutes In many cases, Canadian farms are being transferred to the next generation. But that’s “many,” not “all.” And if you’re in a situation where transition is unclear, or if you know your final plan will be to sell out, it’s time to get thinking about your options for building a farm exit plan. What does […] Read more
A message from April Stewart, Country Guide's Associate Editor
