A controversial proposal to allow up to three severances off an Ontario farm property will be walked back, according to a letter sent to Ontario farm groups by Municipal Affairs and Housing Minister, Steve Clark. The decision comes after several farm groups, led by the Ontario Federation of Agriculture, lobbied the government to drop the... Read More
Category: Land prices
Fourteen of Ontario's agriculture organizations are collectively asking the provincial government to pause forward momentum of the proposed Bill 97 and the Proposed Provincial Planning Statement. "We stand in strong opposition to the 3 lot severances per farm parcel proposed in prime agricultural areas as well as other measures that weaken local farmland protection. We... Read More
Tucked into the Ontario Progressive Conservatives' Bill 97 is a proposed change to severance allowances of farmland that the Ontario Federation of Agriculture (OFA) says could make siting of livestock farms much more difficulty. What's more, the bill carves out increased power for Ministerial Zoning Orders in the name of housing; however, Peggy Brekveld, president... Read More
If a farm has the capacity to buy land, it's often stymied by the lack of land for purchase, not an unwillingness to take on the work or the debt. It's still surprising to learn that about 40 per cent of land being farmed in Canada is being rented, according to Farm Credit Canada (FCC).... Read More
Ontario and PEI led farmland value growth for Canada in 2022, but each province showed a strong gain in value, according to the annual farmland report put out by Farm Credit Canada (FCC). As a whole, Canadian farmland value increased 12.8 per cent in 2022, an increase from 8.3 per cent growth in 2021, says... Read More
The Government of Saskatchewan has announced that rates paid by producers leasing Crown grazing land remain the same for 2023 and will not be increased. As well, growers leasing Crown land for grazing who have had to reduce stocking rates due to dry conditions are eligible to have rent reduced by up to 50 per... Read More
OPINION Travel with me to a time not long ago when the government in Ontario was of the red variety. The former premier, at one point, went so far as to also serve as agriculture minister, in an effort, one can only imagine, to show her commitment and respect for the portfolio. Kathleen Wynne's government... Read More
Under the guise of solving the housing crisis, Ontario's premier Doug Ford is moving to develop over 7,000 acres of prime agriculture land in the province's Greenbelt around the city of Toronto. In exchange, the Ford government says it will set aside over 9,000 acres...somewhere else. MPP for Temiskaming-Cochrane, John Vanthof says the premier's plan... Read More
Land prices have officially reached a new high in the United States. According to DreamDirt Auctioneers, land in southeastern Nebraska sold on October 27, 2022 for US$27,400 per acre. This record-breaking price had two tracts; 116.07 acres for $27,400/acre, and 163.07 acres for $14,400. If you do the math, that totals to around $5.5 million... Read More
An average increase of 8.1 per cent in the price of farmland in early 2022 in and of itself isn't necessarily outlandish — but some of the provincial averages leading up to that number are rather mind-blowing. Year-over-year growth in Ontario topped 27 per cent, Manitoba is averaging 13.6 per cent growth, and Saskatchewan land... Read More