Farming and ranching are emotional work. While feelings can cloud objectivity, understanding how the brain works can support grounded decisions. It’s a human thing For Hayden Woodley, assistant professor of organizational behaviour at Western University’s Ivey Business School, attempting to completely remove emotion from decision-making is folly. Emotions are integral to being human, especially when […]
Planning isn’t just paperwork. It’s how you take control of your future. Avoiding common pitfalls now can give you the momentum and confidence to thrive in your first decade and beyond. These four moves can help you crush your first decade and stay on track. Avoid flying blind – build a plan If you don’t […]
Financial planning professionals spend years acquiring the experience and skills to do their jobs effectively. This is a level of training most people don’t have — but that doesn’t mean financial literacy is unattainable. For Lance Stockbrugger, Saskatchewan farmer and veteran chartered accountant, taking steps to better understand what the numbers are telling you is […]
On a farm in northern British Columbia, big changes are taking root. What started as a family farm has grown into Tea Creek – an award-winning, Indigenous-led training farm dedicated to revitalizing food sovereignty and empowering the next generation of Indigenous farmers. At the heart of Tea Creek is Jacob Beaton, who holds the given name Dzap’l […]
By their nature, the dairy and beef sectors have always been intertwined to some extent. That relationship, however, is changing as more ‘beef-on-dairy’ calves (that is, calves of dairy cows bred with beef sire genetics) are born. The shift is creating opportunities across the beef supply chain all the way through to processors. Challenges exist, […]
Agricultural productivity growth in Canada is stagnating After peaking in the 1990s and early 2000s at around 2% per year, productivity growth in Canadian agriculture has stagnated. This slowdown threatens our ability to meet future demand for food and Canada’s competitiveness in the global food system. Productivity is a key indicator of how efficiently inputs […]
Take your business skills to the next level with FCC Events. FCC (Farm Credit Canada) offers free events and workshops designed to strengthen your management practices and foster both personal and professional growth. Each event brings together industry experts in finance, transition planning, personal development, economics, and more, providing practical insights tailored to today’s farm […]
The Canadian economic outlook for 2025 is challenging. Canada’s GDP is expected to grow by only 1.1% this year, held back by the U.S. trade war and weak business investment. Exports are falling, productivity remains low, and structural issues continue to limit growth. Yet there is some good news. The Bank of Canada has room […]
The following fictional case study was created by BDO. Brian and Louise knew from an early age that their children, Isaac and Emma, aspired to be the seventh generation of their family to farm. They also knew the existing operation was not large enough to support three families if both children chose to farm full time. […]
Farming is stressful, and poorly managed stress could cost life or limb. Some years, the stresses faced by Canadian farmers are quite manageable, but other years, the obstacles seem insurmountable – drought, floods, fires and disease. “All of these things just add to the stressors that farmers already have,” says Gerry Friesen, founder and mediator […]
