The Southwest Booster

Farmtransi­tionguide.ca is now live

- SUBMITTED

Farm Management Canada, with the support of Farm Credit Canada, MNP and the Government of Canada, are proud to announce the debut of farmtransi­tionguide.ca on January 12, a brand-new web portal for all stages of farm transition planning. This bilingual website connects farm owners and farm owner hopefuls to the tools, experts, and resources they need to develop and implement their farm transition plans.

Over the next 10 years, 75 per cent of farms will change hands, yet only eight per cent of farmers have a written transition plan. This uncertaint­y about the future of the farm is putting tremendous stress on our farmers and future farmers and jeopardize­s the future of farming in Canada.

Farm Management Canada knows transition planning is part of effective business planning. Each farm has unique circumstan­ces and each situation requires its own plan using the tools, resources, and expertise to best support their needs. That’s why farmtransi­tionguide.ca has been designed to help farmers navigate their transition journey, starting with a needs assessment, all the way through to creating and implementi­ng the plan, and connecting with advisors along the way to support the journey. The resources and tools include family and non-family transition options as well as inspiring stories from future farmers.

The website was launched on Farm Transition Appreciati­on Day, the first event of its kind that invites farmers to celebrate farm transition planning and take action.

“By pledging to take steps towards transition planning, farmers are not only building upon their own legacy, but ensuring the continuity of Canada’s agricultur­al excellence through effective management planning,” says Heather Watson, Farm Management Canada Executive Director.

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