“From an insurance perspective, it doesn’t matter whether you’re riding a 15-hand Quarter Horse out in the back country or off a 17-hand Warmblood in the show ring,” says Mike King, National Practice Leader and Partner at Acera Insurance (formerly CapriCMW). “The potential for injury to yourself or damage to property is still there. There’s always some risk associated with being in proximity of, or managing, a 500-kilogram animal.”

As property values increase and everyday equine management expenses go up, keeping horses on your own property is becoming more costly. All across Canada, horse and property owners are undertaking myriad activities to make money from their farms and acreages without operating commercial boarding stables or becoming professional coaches. While every potentially money-making activity has benefits and drawbacks depending on the property’s size, layout, and infrastructure, as well as the owner’s interests and talents, there are many options for creating additional income. By implementing a few of the 24 innovative ideas summarized below, owners can start earning additional income from their property to help pay the bills.

Across Canada, non-veterinarians offer a potpourri of services, including massage, chiropractic, farrier work, homeopathy, and more. But these non-veterinarian service providers may be practicing veterinary medicine illegally under provincial veterinarian acts. Also, few regulatory organizations oversee non-veterinarian practitioner training, certify expertise, or offer recourse if horses suffer, and provincial veterinary organizations only pursue non-veterinarian service providers when horse owners complain.