Farm Credit Canada

Farm Credit Canada

October 12, 2006 10:00 ET

Farm Credit Canada: Knowledge is Power

CALGARY, ALBERTA--(CCNMatthews - Oct. 12, 2006) - Developing business management skills is critical to experiencing greater success in agriculture, an industry brimming with innovation and advancement.

Farm Credit Canada (FCC) is delivering educational workshops and seminars through it's AgriSuccess program in B.C. and Alberta this fall and winter. In B.C., they'll be held in Abbotsford, Delta and Nanaimo. In Alberta, they'll take place in Grande Prairie, Leduc, Lethbridge, Lloydminister, Olds, Red Deer, Stettler, Taber, Vegreville, Westlock and Youngstown.

Topics include transferring the family farm, estate planning, hiring and keeping employees, commodity marketing management, farm financial management focusing on statement and ratios, profitability and budgeting, Advanced Farm Manager and a seminar by Dr. Larry Martin, Where is the Agri-food industry headed in Canada?

The transfer of the family farm or business from one generation to the next is a difficult process. "The sooner there is a well-discussed game plan, the better," says Dr. John Fast. Dr. Fast is widely recognized as the guru of family business, as well as author and speaker. "As parents get older, they become more rigid in their thinking and less able to let go of their control. This affects the next generation's ability to plan their lives and their futures. This is why it's important that planning starts early. Sit down with your teenagers and talk about family values, the family business, and what being a part of the family business means."

"Knowledge is power," Lyndon Carlson, FCC Vice-President, Marketing and Product Development says. "We believe skill development and business management training are keys to greater success. That's why we do everything possible to help producers increase their knowledge."

FCC is Canada's largest provider of business and financial services to farms and agribusiness. Operating out of 100 offices located primarily in rural Canada, FCC employees are passionate about the business of agriculture. A healthy portfolio of more than $12 billion and 13 consecutive years of portfolio growth are a reflection of our customers' success. For more information on AgriSuccess learning events log on to the Learning Centre on www.fcc-fac.ca.

A schedule of the AgriSuccess learning events is available on CCNMatthew's website: http://www.ccnmatthews.com/docs/FCC_ab-bc_e.pdf

Contact Information