Daily Network News

More News →

Tag Archives family farms

Famer and His Son Standing Side by Side Leaning on a Gate
Comment/Columns, Depth of Field

VIDEO: The intergenerational gap on Canadian ranches

Depth of Field with Kelly Sidoryk

By
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
a woman sitting atop a white horse at sunrise
Features, Succession

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?

By
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
With the higher taxes leading to increased costs for transferring a farm to the next generation, “this puts the family farm at risk,” says the Executive Director of Grain Growers of Canada. Photo: MJ_Prototype/iStock/Getty Images
News

Family farms at risk from higher capital gains rates: GGC

By
[UPDATED: June 11, 2024] Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, according to research conducted by the Grain Growers of Canada (GGC). “Our research shows that an average grain farm in Canada, […] Read more
Young farmers and ranchers want formal succession plans, partly to give their children the chance to take over the operation.
Business Management, Features

Most farms lack a succession plan

While formal succession plans were rare for previous generations, the next generation of farmers and ranchers is pushing for them

By
On the second floor of the Queensbury Convention Centre at Agribition, the Grain Expo takes place every year. Around the edge of the room, booths are set up, surrounding the tables attendees sit at. Everyone sits watching the panel of producers walking onto the brightly lit stage. Steve Sanden and his son, Josh Sanden, are […] Read more
Divorce is never easy, especially when it involves a farm. Find support, and focus on a fair resolution that allows the farm to recover, for future generations.
Features

When the farmhouse crumbles part two: Protecting the farm’s legacy from divorce

What do farmers and ranchers need to consider before getting married, or during a divorce?

By
In my previous article, I wrote about things to be aware of when marrying into a family farm. But just as someone marrying into a family farm has things to consider, the farmer also has considerations before bringing someone into the mix. Today, most people believe that divorce implies that it’s a basic division of […] Read more
Graham Graff and Karin Naslund of Legacy Family Business Advisors.
Features, News

Minimizing family conflict on the farm

Focusing on communication, problem-solving and scheduling meetings are important steps in managing conflict

By
Business deals and family relationships are like oil and water. Under most conditions they don’t mix very well, and age-old wisdom is to keep them separate. Usually this is good advice, not because family members are poor risks as business partners, but because of additional challenges involved in complex relationships. But family farms don’t have […] Read more
Succession planning 101
Features, News

Succession planning 101

The first step to succession planning is to call a family meeting

By
If you asked farmers and ranchers what keeps them up at night, besides markets and weather, many would say the succession plan or lack thereof. When is the best time to start the process? Similar to planting trees, 25 years ago. But the second-best time is now, was a comment made by a recent Entreleadership […] Read more
Photo: Getty Images
General

Seven things to remember when preparing for a farm transition

Where is it written that your parents have to go south for the winter together? Many aging farmers like to visit the Sun Belt at this time of year to get rest, connect with friends and have some well-deserved fun. But what if one of your parents prefers to stay home? When both spouses cannot[...]
Read more
Seven rules of behaviour for family farm teams
General

Seven rules of behaviour for family farm teams

When the next generation comes home, Elaine Froese says families can set up some rules of engagement right away so everyone knows and can operate within that culture. When new people join the team, it can help to clarify expectations. “Culture is the invisible glue that holds the farm and the family together. It is[...]
Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 4, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →