Beyond Succession

Beyond Succession: Growing Family Agribusiness  
Navigating Investment, Innovation and Success in Canadian Agriculture

Leah Tolton KC, FEA
Nov 19, 2024
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Delve into the unique challenges and opportunities of Canada’s family-owned agricultural businesses in this compelling episode of Beyond Succession. Host Leah Tolton sits down with Dave Smardon, President and CEO of Bioenterprise Canada, to explore why patient capital is critical for growth in an industry where 92 percent of farms are family-run. Together, they discuss the extended timelines required for successful expansion in agriculture and how this differs from other sectors. They also examine the shifting investment landscape, highlighting how Canadian agribusinesses secure capital compared to their European counterparts and the changes needed to foster growth.

Explore how innovation, driven by advancements in technology and automation, is revolutionizing the growth potential of family-owned agricultural enterprises, helping them scale more efficiently. Leah and Dave also discuss practical strategies for navigating the shift from operator to investor, offering valuable insights on how these businesses can attract external investment while preserving their core values.

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