Welcome to this Tuesday edition of RealAg Radio. On today’s show you’ll hear: Jen Gerson of political commentary vehicle The Line, on priorities of the Trudeau government and her thoughts on Kenney and Ford; Ryan Kehrig of MNP joins the show for a product spotlight; Dick Wittman of Wittman Consulting, on succession planning and how… Read More

After another hectic week, it is finally time for the Friday edition of RealAg Radio. On today’s show you’ll hear: Anne Wasko of the Gateway Livestock Exchange, with our latest Beef Market Update; Patti Durand of Farm Credit Canada, on tools you can use for family farm succession planning; and RealAgriculture’s Lyndsey Smith and host… Read More

We’re wrapping up the week with a couple of serious, in-depth discussions. On today’s show, hear: The need for urgency in succession planning, with Farm Credit Canada’s Patti Durand; Canada’s relationship with China — what the Phase 1 deal means for that relationship, the Belt and Road Initiative, economic issues, coronavirus — with Gordon Houlden,… Read More

Talking with your family about farm succession needs to happen sooner rather than later, emphasizes Darrell Wade, president and founder of FarmLife Financial. Wade’s key message at the Canadian Beef Industry Conference in London, Ont., was to start the succession conversation early. As he explains in the video below, his family didn’t, and when a… Read More

Maintaining good relationships should be a priority in any succession plan, but sometimes it’s hard to get past the financial and legal jargon associated with the process. For both reasons, a farm business should consider appointing a third party to mediate discussions. And, in the meantime, it doesn’t hurt to learn about some of your… Read More

Below are some of my thoughts about succession planning from this week at Agritrade in Red Deer, Alberta.  It is very clear that farmers are not tired of this discussion based on the attendance at the AgriTrend Learning Center. If you cannot see the embedded audio player above, CLICK HERE

“Farm succession can get heated,” says Thamesville, Ont., farmer Dennis Jack. “But you have to get on with life and deal with it or you will destroy your own life worrying about.” In this episode of the Agricultural Management Institute’s (AMI) new farm succession video series, Jack talks about his family’s succession struggles and how reaching… Read More

When should you start succession planning? The earlier the better, says farm succession expert Len Davies. In the second episode of the Agricultural Management Institute’s (AMI) new farm succession video series, Davies takes us to the Veenstra family farm near Port Colborne, Ontario. Here we meet Andy Veenstra who shares succession tips and strategies he used… Read More

What are the key steps that farm families need to consider when developing a farm succession plan? It’s a looming question for many farm families right now. To help in the process, the Agricultural Management Institute (AMI)  has produced a new farm succession video series, viewed from the kitchen tables of Ontario farm families as… Read More

 

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