Transitioning the family and the family farm for succession

Dec 16, 2021

Farm Credit Canada offers a video to teach you how to empower your family to be stewards of your land, legacy, and business.

By Andrew Joseph, Farms.com, Photo by Kelly Sikkema on Unsplash

You’ve been running the family ranch for years, one that has been in the family for generations.

And now you are wondering what the transition is going to be like for your kids and their family as they are primed to take over.

But how do you set your next generation of farmland owners up for success?

Farm Credit Canada (FCC) may have the solution you are looking for.

Vanessa Good, who grew up on a Métis Nation mixed farm on Treaty 7 Blackfoot territory in Alberta. She is an FCC Business Advisor and is currently involved in the succession process of her own family farm.

In the video below, she shares transition advice and tools for Canadian Cattlemen to set yourself and the family up for success.

In the video, you will learn how to:

Understand the family farm/ranch operation puzzle;
Strengthen the foundation of your family’s legacy;
Gain operational and financial clarity;
Onboard the next generation into the business;
Transfer land while alive and through a will.

Watch the video:

Video: Predicitve weed Management saves on herbicide costs and increases yield potential

Gowan Canada is partnering with Geco Strategic Weed Management to help Canadian growers take a strategic approach to weed control through data-driven prediction and planning.

Geco’s technology uses data and AI to map where weeds have been over the past five years and predict where patches are likely to emerge next season. These insights allow farms and retailers to plan ahead and target actions in the most challenging areas.

“Our technology enables the question: if you could know where your most problematic patches are and where they are spreading to, what could you do differently? That’s what our technology makes possible,” said Greg Stewart, CEO of Geco. “Many of our farms are already using our prescriptions along with Gowan products, so this collaboration is a natural next step.”