Farm Management Canada (FMC) recently held its Agricultural Excellence Conference in Ottawa, Ontario where Darrell Wade was announced as the 2017 recipient of the prestigious Wilson Loree Award. Now in its fifteenth year, the Award honours individuals or groups who have made an extraordinary contribution to advancing agricultural business management practices in Canada.
Darrell is the founder of Farm Life Financial Planning Group, which helps clients across Ontario find stability on their farm and ensure the farm can live on for future generations to come.
Darrell grew up on his family farm in Southern Ontario. His father, like so many farmers today, didn't take the time to plan for the "what ifs" with his professional team, and didn't communicate his intentions to the rest of the farm family. With his sudden passing at the age of 65, there was no way to continue the family farm business. Darrell joined the financial services industry where he now dedicates his time to helping other family-owned farms implement customized farm transition plans. His mission is to ensure no other family experiences a loss like his family did.
He is certified through the Canadian Association of Farm Advisors and recently became a certified Family Enterprise Advisor (FEA), making him one of Ontario's only CAFA (Canadian Association of Farm Advisors) certified advisors with this designation. They now live on a farm east of Peterborough.
Wilson Loree personally presented the award to Darrell at the Agricultural Excellence Conference. "Many of our award recipients have been at the end of their careers, but as this is the 25th anniversary of Farm Management Canada, it seems very fitting to recognize someone who is making a significant impact in an area of business management early in their career who has many more years to continue to position farmers for success," said Wilson. "It's great to see that there are new folks entering the farm business management family - a sign of renewal and continuity for a prosperous future for Canadian agriculture."
"It is truly an honour to be recognized by Wilson and Farm Management Canada for the work we are doing in educating farm families on the importance of continuity planning," Wade said. "Farm families today are making a commitment to protect their legacy and educate the next generation. I am humbled to be a part of their process."
Wilson Loree retired as Branch Head of Agriculture Business Management after 27 years with Alberta Agriculture, Food and Rural Development. Wilson is cited as "an individual who exemplifies innovation, wisdom, and a constant focus on the farm manager and the farm family." Currently Wilson resides in Calgary, Alberta.