Report warns 40% of farm operators set to retire by 2033
April 11, 2023
THE CANADIAN PRESS/Jeff McIntosh
A new report says more than 40 per cent of farm operators will retire over the next decade, leaving Canada with a shortage
The Canadian Press
The report from the Royal Bank of Canada, Boston Consulting Group Centre for Canada’s Future and Arrell Food Institute at the University of Guelph says the country will be short 24,000 general farm, nursery and greenhouse operators.
It also estimates that 66 per cent of producers do not have a succession plan in place.
“The shortage will come at critical moment because Canada’s agricultural sector will need to produce significantly more food”
Posted in Industry
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