Time to start thinking about farm transition

It’s no secret that Canada’s farm population is aging. Statistics Canada’s 2021 Census of Agriculture revealed that over 60 per cent of Canada’s farmers are 55 and older and that many of those farmers have no transition plan for their farms.Which is cause for concern.Decades of hard work and sacrifice could be wiped out when it’s time for an ownership change without a written transition plan. A formal plan provides clarity and stability while minimizing disruptions