Farms

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How Farmland Became Canada's Hottest Real Estate Market

How the world has changed for Canada's farmers in 2013. The hottest sector of the country's real estate market is, you guessed it, farmland. The price of farmland in Canada has outpaced both residential and commercial real estate, gaining an average of 12 percent over the last five years. In some hotspots, such as southwestern Ontario, the price-per-acre has been going up by as much as 50 percent a year. Even pension plans and hedge funds have become players in the pursuit of prime agricultural land, interest that is only sending prices that much higher.
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Ontario's Farmland Is Under Threat

It is unsustainable and irresponsible for Ontario to dig up farmland and natural heritage sites while blasting through water tables to supply aggregates for growth plans that pave over prime farmland. We can and must do better -- for the health of our economy, environment and communities.