Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on family farm businesses, pass in Parliament and sent to the Senate after receiving bipartisan support. | File photo

Farm succession bill passes but not supply management

Legislation aimed at those who trespass in livestock operations did not make it to third reading; Wayne Easter to retire

With the possibility of an autumn election looming, MPs rose from the House of Commons June 23, marking the end to a parliamentary session featuring a handful of laws that affect agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on family farm businesses, pass in Parliament and sent to […] Read more

Bill C-208, introduced by Conservative MP Larry Maguire for the first time in September 2020, is off to the senate for review after receiving approval from 199 MPs. | Getty Images

Farm transfer law gains support, moves to Senate

Farm groups are praising MPs who voted in favour of a law aiming to amend tax laws and make it easier for producers to sell their operations to family members. Bill C-208, introduced by Conservative MP Larry Maguire for the first time in September 2020, is off to the senate for review after receiving approval […] Read more

There are several ways to transfer farm assets, each with its advantages and disadvantages. | Getty Images

Managing asset control important in a succession plan

When passing on your farm operation to the next generation, key questions will often arise concerning control of the farm assets. There are several ways to transfer farm assets, each with its advantages and disadvantages. The following are simple examples of how qualified farmland can be transferred to the next generation, with a focus on […] Read more


Marv Vassberg of Bawlf, Alta., stands in his shed with some of the dozens of tractors, cars and trucks he has rebuilt.  |  Mary MacArthur photo

Keeping busy called key to happy retirement

Retirement didn’t mean idleness for Marv Vassberg, who has rebuilt dozens of old vehicles since he stopped farming


BAWLF, Alta. — The key to enjoying retirement is having something to do, said Marv Vassberg. The retired farmer has spent thousands of hours rebuilding old cars, trucks and tractors, and designing and building blades and scrapers. Years of tinkering and time in the air force, as an electronics technician, gave him the skills to […] Read more

Farmers might have mainly survived this crisis so far, but many are more aware of how a lack of preparedness can leave them more exposed.  | Getty Images

Planning habit worth keeping

The pandemic might have grounded most airplanes, but it has been like jet fuel for some, feeding many trends throughout the economy. An agricultural banker hopes one trend that keeps flying high post-pandemic is farmers’ embrace of strategic thinking. “I hope we come out of this pandemic with more emphasis being put on the importance […] Read more


An open conversation while planning a will is key to avoiding problems and fighting between beneficiaries.  |  Getty Images

Weigh options when writing a will

Any person can be named as a beneficiary but there are obligations to spouses and financial dependents to consider

Planning a will is not something to take lightly, especially when deciding how to allocate assets. Many options must be weighed, like which child gets what and how assets and land should be divided, but for some testators who don’t have large families or children to give their assets to, what are some other options? […] Read more

People can save time, hardship and money by choosing their power of attorney before they are unable to make the decision.  |  Getty Images

Power of attorney provides peace of mind

People may reach a point in their life when they are unable to make important decisions. While this can be devastating, it is possible for people to choose who will make those decisions on their behalf before that time comes. Appointing a power of attorney ensures that someone trusted and knowledgeable is making decisions about […] Read more

A Saskatchewan lawyer says probate fees and land transfers are comparable in price, but there are still issues that farmers need to keep an eye on.  |  File photo

Probate not something to avoid at all costs

However, a tax lawyer says avoiding probate fees by transferring titles away from the testator before they die is not hard


As the old saying goes, the only things certain in life are death and taxes. But professional help and planning ahead can go a long way in dealing with taxes that must be paid following a death. For Nikki Rudachyk, partner at McKercher LLP in Saskatoon and a member of the Canadian Association of Farm […] Read more


Understanding family property law is key to succession

Farm succession planning is complex. The transition of the family farm to the next generation raises several questions, including how you ensure the farm remains in the family. The legacy within a family farm may span several generations. But what happens if along the way a separation or divorce occurs and the family farm is […] Read more

The future is a vital component of farm succession planning

The future is a vital component of farm succession planning

I read some statistics on farm succession planning the other day. It caused me to think about a conference on succession planning I attended in 1999. People and presenters quoted statistics about the average age of the Canadian farmer being about 57, if I remember correctly — something close to that anyway. There was also […] Read more