Calling For Farmers: Nearly Half Of Farm Operators To Retire By 2033
Report says Canada will need to accept 30,000 permanent immigrants by 2033 to take over existing farms and greenhouses or to establish their own
With more than 40 per cent of farm operators set to retire in the next decade, Canada with a country-wide shortage, a recent report suggests.
A collaboration between the Royal Bank of Canada, BCG Centre for Canada’s Future and Arrell Food Institute at the University of Guelph, the report notes Canada will be short 24,000 general farm, nursery and greenhouse operators by 2033.
It is estimated that 66 per cent of producers do not have a succession plan in place, leaving the future of farmland in doubt.