Blog
June 5, 2021
Owning farmland is a key factor of success. It is after all, hard to farm without land outside of the greenhouse sector. Without continued access to farmland, a farm operation’s lifespan is perilous. There are only really two options for access to farmland, ownership and leasing. And one of those is currently more advantageous and […]
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A common requirement when working on financing is the statement of net worth which is also known as the balance sheet. In its simplest form, the balance sheet shows what assets you own compared to the debt you have. Being able to write out your statement of net worth is an important step in the […]
November 4, 2020
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July 19, 2020
It’s that time of year, haying season is in full swing with the second cut underway across most of Ontario and Quebec. If you are in the parts of eastern Canada that are in a drought (which is basically 80% of the entire region east of Manitoba), you’ve probably been eyeing up your hay stockpiles. […]
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Farming has lots of sayings about “go big or get out.” Growth in agriculture is usually measured in more acres, more livestock and frequently bigger debt. Before growth, you should worry about profitability and management. The benefits of economies of scale are much smaller than many farmers realize. There is a sweet spot for farm […]
February 28, 2020
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February 2, 2020
If you are farm shopping, you should definitely look at the CALA loans. CALA stands for the Canadian Agricultural Loans Act. The program is a loan guarantee program by the Canadian federal government. Farmers can use these loans to establish, improve, and develop their farm business. The CALA loans are a great option if you […]
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One of the regions of Canada that still offers an opportunity to purchase affordable land and start a farm business is the Maritimes. I would like to give a huge thank you to Kim Waalderbos for her assistance in putting together this resource guide to farming in New Brunswick and Nova Scotia. Let’s start with […]
January 26, 2020
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January 15, 2020
Today on your way to work you drove past a “For Sale” sign for a neighbour’s farm. And now you’ve spent the rest of the day daydreaming about how cool it would be if you could buy that farm. Or any farm really. You read the purchase guide but you still are not quite sure […]
