
Farm business

Ranch succession part 2: Preparing for the unexpected
When illness, addiction or dementia strikes, bringing in a team of professionals and remaining compassionate can help the family remain resilient
In the complex world of ranch succession, unexpected yet common realities can disrupt the most meticulously planned transitions. It’s a safe assumption that all of us have known someone affected by mental or physical impairment, such as disease, dementia or addiction. However, when one of these realities occurs on a working family ranch, it can […] Read more

New ag minister named for Newfoundland and Labrador
Hogan appoints Labrador MHA Lisa Dempster to post
Lisa Dempster, the MHA for the southeastern Labrador riding of Cartwright-L'Anse au Clair, was sworn in on May 9 as the province's minister for fisheries, forestry and agriculture.

US farm agency to require DOGE approval for some loans
The USDA offers loans to farmers who struggle to get credit from traditional lenders
Farm loan employees at the U.S. Department of Agriculture's Farm Service Agency will now need approval from billionaire Elon Musk's Department of Government Efficiency to issue loans over $500,000, according to a memo seen by Reuters on Wednesday.

AgriStability deadline extended
The deadline for enrollment in the 2025 AgriStability program has been extended to July 31 from April 30.

VIDEO: The intergenerational gap on Canadian ranches
Depth of Field with Kelly Sidoryk
Think of the five people you spend the most time with, other than family. How many are either 10 years older or younger than you? Chip Conley with the Modern Elder Academy has been exploring this concept recently. “The Organization for Economic Co-operation and Development estimates that building multi-generational workforces, and giving older employees greater […] Read more

Manitoba rancher manages change through education
Adapting to a changing industry is pivotal for cattle producers. Brett McRae makes this a priority on his operation
Brett McRae, a rancher from Brandon, Man., recognizes how necessary versatility is in a changing industry. “Where’s the need? What is the market telling us that it’s looking for, and how can we provide that?” he says. In recent years he has made changes to his operation to continue striving for success. Simplifying McRae operates […] Read more

Government support for electric vehicle sector threatens agriculture says federation
The Canadian Federation of Independent Business is asking the federal government to re-assess its subsidies for electric vehicles and battery manufacturing in Canada.

Ratio of rent to value for Canadian farmland stable in 2024
Renting extends cash flow advantage over ownership, land values grow
The ratio of farmland rental prices to farmland value was similar in 2024 compared to 2023, but renting extended its cash flow advantage over ownership, Farm Credit Canada reported.

Bank of Canada holds rates, says tariffs could cause deep recession
The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.

Ranch succession part 1: Sibling dynamics and ‘cousin consortiums’
Transitioning the ranch is complex enough with siblings. How do you do it when cousins are involved?
When it comes to passing the ranch down, the biggest obstacle may not lie between parents and children but rather between siblings. While researching this story, I learned that families are focusing on the next next generation and that “the cousin consortium” refers to a messy web of competing interests and unspoken expectations that can […] Read more