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New Manitoba Agricultural Services Corporation CEO Excited About The Future

 
Last week, the province announced the appointment of a new President & CEO to the Manitoba Agricultural Services Corporation (MASC).
 
Jared Munro, of Portage la Prairie, shared how it felt to be selected.
 
"I'm honoured to have the opportunity to lead MASC in the future," says Munro. "It's a business or an organization that's been around for almost 60 years servicing farmers. I'm really excited to have that opportunity to lead that organization as we deal with lots of changes in the agricultural sector."
 
Munro explains he's worked at MASC for the last decade and assumed the role of CEO last June. He says people don't realize how big of an operation MASC is in Portage. There are about 50 people working there, and that's a third of their full-time staff. Although most don't hear much about their efforts, they're big players in the agriculture industry.
 
Source : Steinbachonline

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2024 AGM Day 1 Panel - Succession Planning & Risk Management

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Statistics Canada’s 2021 Census of Agriculture indicates that 75% of all farms operating in Canada operate as sole proprietorships or family partnerships. While incorporated farms make up just over a third of Canadian farm operations most of those are also family-run corporations. If the issue of farm succession planning is not on the minds of Canadian farm producers, it probably should be. That same Statistics Canada Census of Agriculture indicates that the average age of a Canadian farmer is 56 years of age with the 55 plus age group becoming the fastest growing segment in Canadian agriculture.

Despite these statistics, the same Census reports that only 1 in 10 Canadian farm operations have a formal succession plan. While each farm has its unique issues when it comes to transferring the business to the next generation, there are some common topics that almost all farmers must address. Join financial, legal, and tax experts to learn about how to begin the process, key tips on ensuring a smooth transition from one generation to the next, and how to manage the strong emotions the topic can create within the family.