Last updated: Dec. 19, 2018
We wanted to make sure that all dairy producers are aware of this program and the upcoming deadlines to participate. Be sure to share this with any dairy producers that you know. Phase Two Recently Announced The Dairy Farm Investment Program is a five-year $250-million program to help Canadian cow milk … Read more
Last updated: Dec. 12, 2018
This article originally appeared May 4, 2017 | Robert Graham, Miller Thomson LLP Not just anyone can become a farmer; yet many Canadians aspire to transfer from their existing occupation into farming. The challenge with said aspiration is that starting up a farm business is difficult, and though the federal government … Read more
Last updated: Oct. 10, 2018
Technology is an essential part of business management. Technology allows you to automate common, recurring steps in financial management such as recording sales. Using digital communication allows you to speak directly with different parts of your business, to track spending better. And some technologies predict the trends of business, such as how … Read more
Last updated: Sep. 12, 2018
Whether you’re a seasoned farmer who has outgrown your current operations or you’re thinking of starting a new farm business, it’s important to have a business plan. Not only a farm business plan help you focus on your goals, it provides the answers you need to make the farming operation run … Read more
Last updated: Aug. 8, 2018
Succession planning is all about finding the right strategy for selling your business or passing it onto someone else—whether it’s a family member, friend, entrepreneur, or employee. A good succession plan: Ensures the transfer of your business goes off without a hitch Protects the businesses reputation Builds value; provides financial security … Read more
Last updated: Jul. 18, 2018
Spring time and planting season are behind you. Did the equipment survive? Harvest Season will be hear soon enough. Are you in need of new equipment to bring in the crops? Or maybe you need to replace the van for your HVAC, plumbing or electrician business. One thing that farmers and … Read more
Last updated: Jul. 4, 2018
Recreational cannabis will become legal in Canada as of Oct. 17. Growing illegal marijuana has a long tradition in Canada, whether as a massive grow op in an abandoned Molson brewery plant outside of Barrie, Ont., or representing British Columbia’s second largest agriculture export to the United States, even before Washington … Read more
Last updated: May. 30, 2018
The Canadian Income Tax Act turned 100 last year and Canadians can be excused if they didn’t celebrate. Since its introduction in Canada in 1917, it has become a much more complex document and has grown to more than 2,000 pages in length. In 2017, the government signaled its intention … Read more
Last updated: May. 16, 2018
Canada’s agricultural industry has evolved over the last 50 years, and not just when it comes to farming implements. The way farm operators maintain their business and financial records has changed dramatically too. Where some farmers used to keep handwritten records and just hand their tax professional a box of receipts, … Read more