Family Farm Continuity: New Opportunities to Help You Start Today!

Presented by: Bryan Huck, BDO; and BDO A&A/Tax Partner TBD. Thursday February 16th 9:45 - 2:00 pm at Grey Ag Services. Course fee: $40.00, lunch is included. 

The National Census of Agriculture has found only eight per cent of Canadian farmers have a written transition plan, despite estimates that over the next 10 years, 75% of farms will change hands.

Common reasons for this gap:

• No personal and compelling vision of “What is next” for you, your farm and your family. Many fail to understand that this is a journey. It is one of the most important things you can do for your family!
• Procrastination and Fear of Conflict
• The Next Gen’s fears of “stepping up”, out of respect for their parents
• Not knowing where to start

Will you make 2023 the year you get the conversations and planning started with your family?

Just START now by attending this hands-on workshop with like minded farm operators.

At this session, you will:

• Hear recent stories about a few farming families that overcame the inertia and created and implemented a farm continuity plan ‘for their family, by their family’
• Learn the most common roadblocks to having healthy conversations with family members about the farm’s future. These maybe easier than you think to overcome … if you just start and practice!
• Gain experience working with tools uniquely designed to kickstart your continuity journey.

As a bonus, we will include a short remote, live Q & A session with a BDO Tax specialist to explain how the recent tax changes might help you realize that now is the time to start your planning. You can help us plan for this session by sending in your tax questions to Grey Ag Services, in advance.