Leighton Kolk standing in front of a pen with some cattle in it.

Good governance, respect help farm transitions

Kolk Farms has made sure strong procedures are in place to ensure that transition and succession are done properly

Transition is nothing new for the Kolk family of southern Alberta. Since the farm was established in the 1950s, it has moved from one generation to the next and one commodity to another.

A close-up of a tax/benefits form with a pen sitting on it as well as a wallet that has a number of large denomination bills - based on their colour - sticking out of it.

Tax not sole basis for succession plans

A tax expert says how much tax one might have to pay should not be the first consideration when drafting a farm transition plan

No one wants to pay more taxes than necessary, but an expert says tax shouldn’t be the only thing people worry about when succession planning.



Cattle in a pen on a sunny day.

Good communication key in trade war

An American analyst says all supply chain players must keep in contact to plan for and deal with how tariffs may affect them

The tariff threat may have eased for now, but cattle producers on both sides of the border should continue to prepare for what may yet come.





Aerial view of British Columbia's flooded Fraser Valley from 2021.

Sector rethinks insurance amid multiple disasters

Insurer says new approach needed as fire, flood, hail and wind storms increase in severity and frequency and cost more money

Insurers and government need to work together to better support farmers and others when weather-related disasters occur, said a panelist at the Canadian Federation of Agriculture annual meeting.