Farm Financial Planner: Use Corporations for Shifting Generational Ownership
Wednesday, May 27, 2020
The world economy, and Canada’s part in it, turns out to be vulnerable to COVID-19, a microscopic particle wrecking industries, supply chains, and, in particular, the financial health of many farming families.
The causes of distress range from loan payments due for farm equipment and real estate, which lenders may postpone — depending on the lender and farm prices. Other financial victims include the prices of city and town property, the stock market and the value of the Canadian petrodollar.
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