Agriculture Roundup for Monday April 10, 2023
A new report said more than 40 per cent of farm operators will retire over the next decade, leaving Canada with a shortage.
The report from the RBC, Boston Consulting Group Centre for Canada’s Future and Arrell Food Institute at the University of Guelph said the country will be short 24,000 general farm, nursery, and greenhouse operators.
It also estimated that 66 per cent of producers do not have a succession plan in place.
To address the shortage and lack of succession plans, the report said Canada will need to accept 30,000 permanent immigrants by 2033 to take over existing farms and greenhouses or establish their own.