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FARMSTART

Supporting a New
Generation of Farmers


                        1
In the next 10 years…


 50% of our farm assets will be
 transferred

 75% of our retiring farmers
 don‟t have successors

 Agriculture Agri-Food Canada




                                  2
Challenges of Farmland
Transfer


  Speculative land values

   „Sunset‟ agriculture

   “Crisis” farm sales



                            3
Options ?

 Community-owned farms

 „Farmland For Farmers‟ Equity Fund

 Farmland management services




                                      10
Tenure and ownership

 „Options‟ for retiring farmers

 Land Trusts and transferable leases

 Condo farm structures




                                       11
Investment and Financing

Community Bonds

RRSP eligible equity funds

Leverage low interest, long term $ from
Farm Credit Canada or Infrastructure
Ontario or other Impact Investors



                                          12
Enabling Environment

Prime farmland protection


Tax incentives (for farmers and investors)


Changes in planning policies




                                             13
FarmStart: Finance Lab at the Social Finance Forum 2012

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FarmStart: Finance Lab at the Social Finance Forum 2012

Editor's Notes

  1. Farmland is being lost to development at It can take thousands of years to produce one centimeter of the topsoil needed for agricultural production.
  2. Farmland is being lost to development at It can take thousands of years to produce one centimeter of the topsoil needed for agricultural production.
  3. Farmland is being lost to development at It can take thousands of years to produce one centimeter of the topsoil needed for agricultural production.
  4. What IS OUR DREAM FOR THE FUTURE? Ecological agriculture - which at the root means - healthy, dynamic living soil ecosystems, diversity, integrated farm operations - which minimize off farm inputs and the reduction of energy use.