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Nominations Open for Inaugural Alberta Grains Board

Nominations are open for the Alberta Grains, the newly named, amalgamated Alberta Wheat and Barley Commissions, board of directors, a Sept. 19 news release said. Farmers from across all six growing regions in the province can be nominated to run for one of twelve open director positions, comprised of two from each region.

“All it takes to be a director is a good head on your shoulders, and a willingness to speak up and strive for positive change, no matter how steep the roadblocks,” Tara Sawyer, interim chair for Alberta Grains, said in the release.

Directors lead Alberta Grains and advise on its priorities of research, agronomic extension, government relations and policy, national and international markets, and the FarmCash cash advance program, while supporting the commission’s governance, events and industry-focused publications, the release said.

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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.