Farms.com Home   News

Livestock show returns to Regina

Canadian Western Agribition returns for its 51st edition starting on Monday.

Known primarily as a livestock event, Agribition also boasts rodeo performances, cabarets, agri-education, and a trade show.

This will be the first Agribition for the new CEO Shaun Kindopp. He was appointed to the position last August. He was busy walking through the facilities on Friday.

“As of 3:00 p.m. today people will be getting ready to move in and have their stalls set up. So, it’s exciting as people start getting set up here,” Kindopp said. “Livestock entries this year are fantastic. We’re really comparable to the 2019 numbers, which is fantastic coming out of the pandemic that we can remain at those levels.”

Click here to see more...

Trending Video

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.