Rolly Richard

RBC

LOCATION: EMBASSY D-F

WEDNESDAY, February 11, 2026 – 11:35am – 12:15pm

Rolly Richard is an Equipment Finance Specialist with Royal Bank of Canada, based in Brandon, Mb. He brings over 12 years of banking experience as a Commercial Account Manager specializing in agriculture and equipment financing. Before joining RBC, Rolly spent a decade in farm equipment industry, serving as Sales Manager at a dealership where he earned multiple individual sales and service awards. Rolly holds a Bachelor of Arts degree from Brandon University and achieved top honors in a Dealer Candidate course. His combined expertise in equipment sales and agricultural finance allows him to provide valuable insights and tailored financial solutions to clients.

Equipment Leasing in Agriculture & Tax Implications

Leasing in agriculture helps farms access mobile equipment and fixed assets like bins, shops and barns without large upfront capital costs, improving cash flow and financial flexibility. Security considerations are important when leasing assets that are affixed to land. We will discuss the tax treatment of leasing mobile and fixed assets, comparing the tradeoff between immediate expensing and long-term depreciation.