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Agriculture Ministers unite to address Canada-U.S. trade challenges

On March 7, 2025, federal, provincial, and territorial Ministers of Agriculture met to discuss the evolving trade relationship between Canada and the United States.

Lawrence MacAulay, Minister of Agriculture and Agri-Food Canada, and Ron Kostyshyn, Manitoba Minister of Agriculture, led the meeting, focusing on the impacts of recent tariffs.

Building on their February discussions, the Ministers reaffirmed their commitment to a unified “Team Canada” strategy to support the agriculture and agri-food sector. This sector is crucial to the Canadian economy, providing jobs and food for millions both domestically and internationally.

The Ministers explored various strategies to help Canadian agri-food producers and processors diversify their international trade and enhance internal trade options. They emphasized the importance of business risk management (BRM) programs to address the current and future needs of producers.

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2024 AGM Day 1 Panel - Succession Planning & Risk Management

Video: 2024 AGM Day 1 Panel - Succession Planning & Risk Management

Statistics Canada’s 2021 Census of Agriculture indicates that 75% of all farms operating in Canada operate as sole proprietorships or family partnerships. While incorporated farms make up just over a third of Canadian farm operations most of those are also family-run corporations. If the issue of farm succession planning is not on the minds of Canadian farm producers, it probably should be. That same Statistics Canada Census of Agriculture indicates that the average age of a Canadian farmer is 56 years of age with the 55 plus age group becoming the fastest growing segment in Canadian agriculture.

Despite these statistics, the same Census reports that only 1 in 10 Canadian farm operations have a formal succession plan. While each farm has its unique issues when it comes to transferring the business to the next generation, there are some common topics that almost all farmers must address. Join financial, legal, and tax experts to learn about how to begin the process, key tips on ensuring a smooth transition from one generation to the next, and how to manage the strong emotions the topic can create within the family.