Near the end of November and into December, Manitoba Agriculture will have its auction for Crown land leases. “The former Department of Agriculture conducted extensive consultations with stakeholders on the allocation of agricultural Crown lands,” says Blaine Pedersen, minister of agriculture and resource development. “The auction system is a fair and transparent approach that will... Read More
Category: Land prices
We've seen results from an early-campaign survey on what Canadians are worried about in regards to food, and we've heard from each of the four main parties heading into this federal election. But what I want to know is, what are YOUR priorities, Canadian agriculture? As media, I watched the debate, I interviewed Sylvain Charlebois... Read More
Call it a pause, though maybe not a correction, in the farmland value trend in Canada. It's not a complete surprise, given the bull run land values have been on for years, but what does it mean for those looking to buy, sell, or rent? J.P. Gervais, chief agriculture economist with Farm Credit Canada, says... Read More
Area One Farms, an investment firm that builds equity partnerships with Canadian farmers, has announced the launch of Area One Farms Fund IV and Fund V. The two funds will offer investors the "opportunity to invest in equity partnerships with Canadian farmers and farmland." According to a press release, Fund IV will offer Canadian institutional... Read More
After trending lower over the last four years, the rate of appreciation in farmland values regained momentum in 2017, based on Farm Credit Canada's annual farmland values report. After rising by 7.9 percent in 2016, FCC says the national average increased by 8.4 percent in 2017. "I have to say I was a little bit... Read More
Farmland values across Canada continued their climb in 2017, rising by a national average of 8.4 percent, according to Farm Credit Canada's annual farmland values report. Saskatchewan saw the largest increase, at 10.2 per cent, followed by Nova Scotia at 9.5 per cent, Ontario at 9.4 per cent, Quebec at 8.2 per cent, and Alberta... Read More
Ontario farmers continue to spend big money on farmland, especially in the southwest part of the province. According to the annual Southwestern Ontario Land Values report from Valco Consultants, the median price paid for an acre of farmland in this region of the province came in at $12,710 in 2017, an average increase of 9.7... Read More
Canada is losing farmland each day. It's not technically disappearing, mind you, it's being bought up, levelled, and paved over for new suburbs and shopping malls. It's also being speculated on, sometimes by surprising buyers — maybe it's local farmers, but more likely by an investment fund looking to cash in on the seemingly endless... Read More
If there's one thing expanding farming in Northern Ontario will require, it's money. Financial backing. Bankrolling. Investment. Whatever name you give it, securing land is only a part of the cost of starting farming — new land must be cleared, cleaned up, and tiled if it's to be improved to at least a Class 3.... Read More
Farm Credit Canada recently released its 2016 farmland values report, which breaks down farmland value changes by province. For Canada, the average of 7.9% growth in the value of farmland is certainly good news for those looking to sell or leverage land, but it does represent a slight cooling in farmland prices from 2015, when... Read More