Life on the Coast Podcast

Farm Succession Planning – Setting the Stage

Our first series explores the heart of the county – its agricultural sector and its vital contribution to world’s food supply.

According to the 2021 Census of Agriculture, Huron County is the most agriculturally productive County in Ontario, with 2,564 farms controlling total capital assets of over $12.2 billion. Yet, based on the Census of Agriculture, we know that only 14% of farm families in Huron County have a written succession plan. That leaves over $10.3 billion dollars of capital unprotected by written multi-generational agreements. In the 2021 Huron County Business Retention and Expansion Survey, farm operators clearly stated that they were looking for tools and resources around succession planning.

In this episode, we discuss the critical importance of farm transition planning from the perspectives of business leaders, community, and local government.

This podcast episode is funded in part by the Ontario Ministry of Agriculture, Food and Rural Affairs, Hensall Co-op and Scotiabank.

Guest Speakers:

Brad Chandler, Guest on Huron County's Life on the Coast Podcast

Brad Chandler

CEO of Hensall District Co-op

Gwen Devereaux, Guest on Huron County's Life on the Coast Podcast

Gwen Devereaux

President of Gateway Centre for Excellence in Rural Health

Vicki Lass, Guest on Huron County's Life on the Coast Podcast

Vicki Lass

Director of Huron County Economic Development

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Disclaimer

The Huron County’s Life on the Coast Podcast is funded and produced by the County of Huron.

This podcast episode is funded in part by the Ontario Ministry of Agriculture, Food and Rural Affairs.

The views expressed in this podcast are not necessarily those of the County of Huron or the Province.