Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

The Farm Challenge No One Sees #farming #shortsfeed

11 Aug 2026 · 1 min

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In this short interview, Speaker A asks about the financial challenges that young farmers encounter but are often unseen by the public. Speaker B explains that the primary barrier is the high cost of land, citing a quarter-section in Alberta that can range from $0.5 million to over $1 million. Additionally, banks are hesitant to lend to young entrants, making financing difficult. The conversation highlights a specific case where a group of young farmers identified a farm listing on Facebook. Their ability to act quickly was enabled by an "infinite banking" strategy, which allowed them to redirect funds and avoid a loan deadline that would have otherwise blocked the purchase. The discussion underscores the magnitude of capital required, the conservative lending environment, and the creative financing approaches some young farmers employ to overcome these obstacles.

Chapters

What are some of the biggest financial challenges that young farmers face that maybe other people never see?
Well, the sheer dollar value to get into it. If you're looking at just buying a quarter of land to start farming, I would say in Alberta is anywhere from, what, half a million to a million plus for a quarter. So that's a big price tag. And starting out, banks, they're very leery with young people and those big dollar values. So it's hard. There was a group of youths that came available on Facebook and we wanted to jump on it. But if we had a loan that was due with borrowed money, we would have not been able to do it. But because we had the infinite banking in place, it was possible to divert stuff and change our plans and just keep going.