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As planting approaches this year, Russia/Ukraine conflict headlines have taken a back seat to concerns over China’s struggling economy and a continued lackluster demand profile for U.S. grains and oilseeds.
Given the all‑consuming complexity of any farm business, it’s not uncommon for farmers to overlook the importance of retirement planning. The constant need to reinvest in these businesses means there’s rarely a good time to think about saving for the
The simplest part of tax compliance and planning for a farm should be the family home. However, tax issues related to farmhouses abound! Let’s unpack a few of the more common concerns.
For too long, farmers have struggled alone with mental health challenges. Today, the topic is more widely discussed and help is more readily available.
Family business succession planning involves many components, including family dynamics, leadership training, financial planning, management transition, legal agreements and – you guessed it – taxes.
By 2033, 40% of Canadian farm operators will retire, placing agriculture on the cusp of one of the biggest labour and leadership transitions in the country’s history.
Cherished tradition is deeply steeped in every aspect of our family cottage, largely because my children are the fifth generation making the annual trek north.
Instead of rewarding farmers only for what they produce, we also reward them for what they preserve...
This past year, farmland values across the 11 Counties in Southwestern Ontario increased by 25.65%, which is eerily close to the 25.63% increase from 2020 to 2021.