Different income streams can improve financial stability, whether it means an investment portfolio or continuing to work
When Reginald and Theresa Nelson started looking into their retirement plans, being financially stable was their biggest concern. No one wants to retire wondering where their money is going to come from, but retirement doesn’t have to mean that they stop working. While Reginald was not healthy enough to continue their Rockglen, Sask., seed cleaning […] Read moreNews
Get a handle on expense and income streams
It can take a great deal of work to figure out ahead of time what ‘living within your means’ will involve after retirement
Russell and Terri Bruce are excited about their farm auction this fall. After decades of farming near Tuxford, Sask., and their last harvest in 2019, the couple looks forward to closing their operation and spending more time with their grandkids. To do that, planning their retirement, including their budget for the coming years, had to […] Read more
Call a financial planner before retirement
Farmers advised to set aside money for insurance and investment needs off the farm long before discussing retirement
When it comes to planning for their retirement, farmers rarely go to financial advisers asking for a plan. At least, that what Colin Sabourin, a financial planner with Hemmett Anseeuw and Associates of Winnipeg, sees when he works with farmers. Sabourin sees a trend of farmers whose retirement plans are selling off their assets when […] Read more
Know what you want to get from retirement
Identifying expectations can help map out suitable investments based on goals rather than just risk tolerance
What do you want out of your retirement? Being on the verge of retirement, Russell and Terri Bruce are taking this question seriously. Of course, their family is the biggest priority but visits cost money for travel and other expenses. The questions of what you want out of retirement and how you intend to pay […] Read more
Low stocks save rye prices from bumper crop
Statistics Canada expects 431,000 tonnes of production, which would be close to the biggest crop in three decades
North American farmers harvested a big crop of rye but it won’t overwhelm the market, say industry officials. “The feeling on inventory by the industry is that it is really at all-time lows,” said Herman Wehrle, director of commercialization and market development with FP Genetics. Statistics Canada is forecasting 431,000 tonnes of Canadian production, which […] Read more
Bats found to be most common carrier in Canada this year
Bats are the most frequent sufferers of rabies in Western Canada, with 17 cases reported in British Columbia so far this year, four in Alberta and six in Saskatchewan. Those numbers are far less than Ontario’s figures, where 37 rabid bats have been identified so far in 2020, along with three raccoons and six skunks. […] Read more
Manitoba extends its ban on moose hunting
Province stopped the moose hunt in 2011 and says species’ population has not yet recovered enough for it to continue
Moose hunting is again banned in Manitoba. The province hoped to have a limited hunting season for moose this year in the Duck and Porcupine Mountain regions, but the moose population hasn’t recovered sufficiently to withstand it. The government is also banning night hunting on private land, beginning Oct. 10, as part of the Wildlife […] Read more
Threshing day – photo essay
Photo essay | Five acres of oats were harvested late last month at the museum in Kindersley, Sask. The same teamsters bring their horses to town annually to take part in the day and use a binder, wagons and a threshing machine that have been donated to the museum. A McCormick WD9 tractor powers the threshing machine. | Paula Larson photos
Five acres of oats were harvested late last month at the museum in Kindersley, Sask. The same teamsters bring their horses to town annually to take part in the day and use a binder, wagons and a threshing machine that have been donated to the museum. A McCormick WD9 tractor powers the threshing machine. | […] Read more
Organic grain production hits a plateau
Organic acres have leveled off in Western Canada. From 2017 to 2019, certified organic acres have been around 1.7-1.8 million. That’s up significantly from the early 2010s, when acreage was around 1.3 million, but the period of rapid growth in the organic sector may have stalled out. In early October, the Canadian Organic Trade Association […] Read more
FCL opens new fertilizer terminal in Alberta
The terminal near Grassy Lake is the third such facility opened by Federated Co-operatives Ltd. in the last three years
GRASSY LAKE, Alta. — Speed and volume are key points of emphasis at the new fertilizer terminal that officially opened Oct. 6 in southern Alberta. The Federated Co-operatives Ltd. facility is the third it has opened within the last three years. The new terminal between Purple Springs and Grassy Lake, Alta., along Highway 3, can […] Read more
