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Succession planning seems like a good idea, especially given the average age of farmers in 2021 was 56 years old, according to Statistics Canada. While there are extensive tools and resources available to help farmers with succession planning, relatively few people are using them.
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Canadian agriculture as a critical infrastructure is underprepared for cyber threats. Cybersecurity is one new frontier of agricultural security that producers should keep in mind – but they don’t have to go it alone.
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Kendra Donnelly, president of Ki-Era Cattle and Consulting, found her way back to farming through agribusiness, discovering a different way to bring value to the farm.
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Craig Klemmer, manager of thought leadership at Farm Credit Canada (FCC) with 15 years of experience leading the Economics and Portfolio Risk Management teams, shares how FCC calculated the $12-billion trade shift opportunity and what’s needed to get there.
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Is your farm in transition? The answer is yes. Without knowing anything about your operation or family situation, farm business specialists will tell you that your farm is in transition – it’s unavoidable.
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Set your farm up for success with pre-planning tools and discover how proper farm structures and estate documents can be used to provide better business clarity for your farm.
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