Dear Shareholders
Apr.
28

Dear Shareholders

Dear Shareholders,

Thank you for contributing to the success of FarmWorks and our Clients! We're looking forward to meeting many of you in person or on zoom in the next two months as we bring together Clients and Shareholders and Directors at FarmWorks Connects sessions - locations will soon be posted on the FarmWorks website. Connections are key as we help build a stronger field to fork food system for all Nova Scotians.

Please note that If you invested in 2019 your shares will roll over in March for a 20% tax credit or in 2014 for a 10% tax credit unless redeemed at the end of February, which is the end of the five year term. Note that the 20% credit, as an example, can save $2,000 provincial tax on a $10,000 investment. Please check your certificates and email us with questions. As well, please send us any changes in your address. Note that shares held at the demise of the holder are redeemed without repayment of tax credits.

FarmWorks Clients greatly appreciate your investment which is making a significant difference for their businesses as they work to provide good food for Nova Scotians. I've attached the preliminary Executive Summary of the 2023 Survey and here are some of the comments from Clients about what FarmWorks does:

  • FarmWorks is an amazing organization and I tell everyone interested in the local food movement about the great work that is happening!

  • FarmWorks worked with us as people and not as numbers. They got to know us and what we wanted to accomplish before deciding anything. We would not be operating outside of the farmers market without FarmWorks

  • FarmWorks has created a real community

  • FarmWorks are excellent advocates and supporters of the local food economy.

  • We appreciate their vision for what we are trying to accomplish with our business. Their commitment to local agriculture. Their eagerness to help and their prompt reaction to put the financing into place.

  • The support, understanding and positivity from the FarmWorks team is unparalleled!

  • Excellent support and invaluable resource

  • Working with FarmWorks has been a wonderful experience. Thank you!

  • I would never have even tried if it wasn't for FarmWorks. Knowing FarmWorks existed gave me hope.

  • FarmWorks is the bright light for many of us. Continue doing what you are doing...

  • Thank you for all your work and support and the changes you make in the world XOX

  • I am grateful for all FarmWorks does in these challenging times.

  • Thank you for the ongoing support and all that you do in the community! My business could not have started without you.

  • Getting more business people involved at a mentorship and education level would be of use to help foster a culture that can succeed in business. Investors should also feel that they are contributing as well as benefiting. Keep up the great initiative. It is a big support for small enterprises. Thank you.

  • Thank you so much for always believing in us!!

  • Opportunities to meet with other FarmWorks recipients to network would be very beneficial. Maybe access to a summary document that outlines all FarmWorks recipients, contact info and summaries of what they sell or do so we could increase our markets for goods.

  • Thank you for these insightful questions!

  • Thanks and much love!

  • Farms are having a hard go - always have. We need a higher value placed on local food so that local food production can stop being undervalued and farmers underpaid.

View Event →
May Flavours
May
22

May Flavours

May Flavours, a Celebration of Wonderful Local Nova Scotian Food and Beverages, and this year we're adding Works of Art created by Local Artist inspired by Food Producers. Artworks and other auction items will be available for purchase.

Dinner & Silent Auction, Wednesday, May 22nd, 5:30 pm at the Louis Millet Community Complex, 9489 Commercial Street, New Minas.

Dinner Tickets $60.00

For more information please contact Linda Best at lbest@ns.sympatico.ca

View Event →

Saltscapes Halifax Expo
Oct.
27
to Oct. 29

Saltscapes Halifax Expo

Come visit the FarmWorks booth at the Saltscapes Halifax Expo.

Friday, October 27th, 11am - 8pm

Saturday, October 28th, 10am - 7pm

Sunday, October 29th, 10am - 4pm

View Event →
Past - Twelfth Annual General Meeting
Apr.
30

Past - Twelfth Annual General Meeting

FarmWorks’ 2023 Annual General Meeting took place at 2 pm on Sunday April 30th at the Dartmouth Wooden Monkey in person, and virtually.

FarmWorks’ independent accountants, Grant Thornton, have prepared the 2022 year-end Financial Statements and here is the 2022 Annual Report and Minutes of the 2022 AGM.

FarmWorks Clients who were Guest Speakers included: Paul Hill, Hill’s Jamaican Jerk Sauce and Maritime Foods. Jason Wolfe, Urban Lighthouse Farm. Sophia Gruber & Andreas Preuss, Oxalis Restaurant.

Dear Shareholders,

Thank you to everyone who has invested in FarmWorks’ twelve offers of Shares – some of you have invested in every offer! Please visit FarmWorks website to keep up to date with all the wonderful FarmWorks clients who are growing Nova Scotia’s food economy using the money you have invested. They appreciate your support and your purchases of their food and beverages. Please keep the Map of Loan Recipients close at hand!

The twelfth offer raised $574,900 for an overall total of $5,209,300 and only 6.6% of investments have been redeemed over the previous years, primarily by people collapsing RRSPs. Rather than redeeming FarmWorks shares at age 71, especially if part-way through a five-year term, it may be convenient for RRSP holders to switch to non-registered shares that continue to be invested in FarmWorks. All FarmWorks documents are immediately provided at the close of each Offer to the Department of Finance which issues the Equity Tax Credit Certificates and to the Canadian Workers Cooperative Federation which issues the RRSP claim forms.

To date over $8,323,500 has been loaned to 152 qualifying businesses that are helping to increase the economic, health, social, environmental, and other benefits that result from producing and eating Nova Scotian food. Loan recipients are carefully chosen by the Board to balance risk and achieve strategic goals: increasing the supply of food, creating and maintaining jobs and stimulating the economy, and supporting people and the environment. FarmWorks Clients adapted to COVID 19 and are adjusting to rising input costs and climate-related challenges as they develop their food-related businesses to provide for their clients, their communities, and the Province.

The volunteer Directors of FarmWorks Investment Co-operative Limited come from across Nova Scotia and bring expertise in agriculture and food production, economic development, education, health, business, finance and sustainability and the environment. It is an honour to be a Director of this organization that’s making a significant difference in outcomes across Nova Scotia. Those of you who have attended any of our ‘Gentle Dragons’ Information sessions have heard from clients and applicants about the respect they have for what FarmWorks is accomplishing.

FarmWorks’ 2023 Annual General Meeting will take place at 2 pm on Sunday April 30th at the Dartmouth Wooden Monkey in person, and virtually (https://us02web.zoom.us/j/83852623638). FarmWorks’ independent accountants, Grant Thornton, are preparing year-end Financial Statements which will be posted on FarmWorks’ website in advance of the AGM together with the Agenda and information about the FarmWorks Clients who will be Guest Speakers.

FarmWorks will be participating in various events during the summer and fall and these will be posted on the website – watch for announcements!

Thank you everyone!

For more information please contact:

Linda Best

lbest@ns.sympatico.ca

View Event →
Dig In Food Summit
Nov.
17
to Nov. 19

Dig In Food Summit

The Summit will provide a two-day forum for food systems stakeholders to discuss how potential threats to the regional food supply will manifest themselves in Atlantic Canada and where transformation is needed. The themes of food security and food sovereignty will be explored from the perspectives of producers, processors, distributors, consumers and policy makers.



The Summit is a unique opportunity to network and collaborate with key food systems stakeholders across Atlantic Canada. Keynote speakers are bringing international and national hands-on experience to re-building regional food systems. Breakout sessions will highlight best case successes across all aspects of our food systems. A unique feature of the Summit will be ‘Topic Tables,’ providing ample opportunity to regionally network with others on your key topics of interest.



The Summit will be held in Debert, Nova Scotia on the ancestral and unceded territory of the Mi’kmaq People. Selected speakers and panelists from the First Nations and all four Atlantic provinces will discuss specific bottlenecks in our current food systems, offer their insights, focus on current success stories in our region and show the path forward towards greater food sovereignty.

View Event →
Minister of Agriculture Conference
Nov.
3
to Nov. 4

Minister of Agriculture Conference

GREETINGS FROM HONOURABLE GREG MORROW

On behalf of the Nova Scotia Department of Agriculture, I would like to extend an invitation for you to attend the 2022 Minister’s Conference for Agriculture, taking place November 3rd and 4th at the Halifax Convention Centre.

The conference brings together keynote international speakers, national thought leaders, and regional industry experts to share insights on making agriculture in Nova Scotia more sustainable and resilient.

Farm Credit Canada, the Nova Scotia Farm Loan Board, TELUS Agriculture and a host of academic and industry partners will be on hand to support this year’s event. Panel sessions and keynote addresses will explore how leading-edge innovations and climate change adaption, combined with informed business and investment planning, are driving new approaches to agriculture.

I look forward to seeing you this November!

View Event →