Of the producers polled, 96% report that they are actively working to make their operations more sustainable. The industry is also moving the needle on diverse leadership, with six in ten (61%) of those surveyed reporting female leadership on their farm. Another seven in ten (71%) said that they're making progress around recruiting and promoting a more diverse workforce.
Meanwhile, about two-thirds (64%) of Canadian farmers reported being “cautiously” optimistic about the future and have set a handful priorities for the year ahead to help realize that promise.
Those surveyed overwhelmingly agreed that owners and operators will look to:
Cultivate a strong agricultural network to tap into for advice (85%)
Recruit skilled workers (81%)
Build up the farm's leadership team (77%)
Invest in technology and data-driven decisions (77%)
Focus on risk management planning (73%)
"Having demonstrated their ability to weather significant and often unpredictable disruptions over the past two years, Canadian producers are now turning to the future with an outlook of cautious optimism," said Ryan Riese, National Director of Agriculture, RBC. "From risk management and resiliency, to leadership and technological innovation, farmers are increasingly shifting their focus and investments on proactive priorities to strengthen their operations and cultivate growth – not only for the year ahead but for the long-term future of the agriculture sector."
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