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.




Close-up of a person's hand pressing the keys on a calculator while holding a pen, the calculator sits on top of paperwork with pie chart graphs on it.

Analyst highlights U.S. economy’s fragile side

Country’s booming economy is driven by consumer spending, but that has been propped up by the top 20 per cent most wealthy

Two very different pictures are painted in a side-by-side comparison of economic growth in the United States and Canada when it comes to household debt as a ratio to disposable income.


Close-up photo of an official-looking government form that says, "Immigration Canada" in the upper lefthand corner with a pencil laying on it.

Slowed immigration could reduce unemployment

The mass retirements that occurred during the COVID-19 pandemic also affected North American unemployment rates

The agriculture industry is tightly connected to the job market because of its seasonal nature, says an official with Rabobank.