We recently posted a new episode of our Mind Your Farm Business podcast that focuses on human resource management. In conversation with four farmers across Canada we dug deep into topics like recruiting talent and methods to retaining the top performers. Not only were the farmers from a diverse geographic region, but their strategies for... Read More
Category: Farm Management
"Fair" must be one of the most commonly used words in the English language. It most certainly is one of the most dangerous. It gets used and thrown around with reckless abandon every day. Don't believe me? Here's are some examples: Farm succession: "Let's make sure we split up the farm so it's fair for... Read More
Which questions do you ask potential new hires? Where to you find your next star farm employee? Is the employee handbook up to date? If you laughed and thought, we don't even HAVE an employee handbook, this podcast episode is for you. In this Mind Your Farm Business episode, host Shaun Haney takes us on... Read More
After trending lower over the last four years, the rate of appreciation in farmland values regained momentum in 2017, based on Farm Credit Canada's annual farmland values report. After rising by 7.9 percent in 2016, FCC says the national average increased by 8.4 percent in 2017. "I have to say I was a little bit... Read More
When you cross the Canada/U.S. border headed south, the landscape is the same, the time zone is the same, but the economics of dairy are very different. Canadians in agriculture are familiar with our domestic supply management system that aims to match supply of dairy products to demand. This control of supply through a quota... Read More
Farmland values across Canada continued their climb in 2017, rising by a national average of 8.4 percent, according to Farm Credit Canada's annual farmland values report. Saskatchewan saw the largest increase, at 10.2 per cent, followed by Nova Scotia at 9.5 per cent, Ontario at 9.4 per cent, Quebec at 8.2 per cent, and Alberta... Read More
The Agri-Food Management Institute (AMI) has announced plans to deliver a mixture of established and new farm management programming under the newly launched Canadian Agricultural Partnership. Existing AMI initiatives, including the Advanced Farm Management Program, Transition Smart, and the Learning Roadshow, will continue under the new five-year federal-provincial ag funding framework. AMI plans to launch... Read More
Programs offered in Ontario under the new Canadian Agricultural Partnership (CAP) are now open for applications for cost-share funding. CAP, a five-year federal-provincial-territorial initiative, supports Canada’s agri-food and agri-products sectors through cost-share funding opportunities. It's modelled on the previous Growing Forward 2 program, but there are differences, explains Margaret May, regional program lead for the... Read More
Ontario farmers continue to spend big money on farmland, especially in the southwest part of the province. According to the annual Southwestern Ontario Land Values report from Valco Consultants, the median price paid for an acre of farmland in this region of the province came in at $12,710 in 2017, an average increase of 9.7... Read More
Perhaps more contentious than the buy versus rent debate is the question of when and why to incorporate the farm. The federal government proposed sweeping changes to how taxes were calculated for corporations last summer. The changes were met with significant push-back from the farm community, as the new rules would have a significant impact... Read More