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

Family farms at risk from higher capital gains rates: GGC

[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,

One group predicts that 371 million acres of U.S. farm- and ranchland will change hands in the next 15 years, roughly translating to four out of every 10 acres.

Comment: Agriculture’s coming heart transplant

A lot of farmland is expected to change hands in the coming years

If government and private estimates are accurate, hundreds of millions of North American farm acres will have new owners in the next 15 years. For example, the National Agricultural Statistics Service, the Department of Agriculture’s (USDA) survey takers and record keepers, predicts that 100 million acres of today’s farmland will be sold by its current


Photo: Getty Images

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

Seven rules of behaviour for family farm teams

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

girl kissing a young cow

Farmers encouraged to register for Open Farm Day

This year's event will be held September 20; farmers have until June 1 to register

The Manitoba government is encouraging farmers to participate in the sixth annual Open Farm Day to share information about the diversity and importance of the province’s farms while also showcasing local foods, Agriculture, Food and Rural Development Minister Ron Kostyshyn says in a release. “Open Farm Day is our opportunity to showcase Manitoba’s agricultural industry