Tuesday, April 10, 2018

Ontario land prices vary sharply





Land prices are higher the better the soil and the nearer the fields are to cities, according to an Ontario Federation of Agriculture survey of 2,367 farmers.

There is a sharp difference between Hastings County, at $3,000 an acre, and Peel Region, next to Toronto, at $50,000.

The OFA published the report shortly before the Senate committee on agriculture and forestry released A Growing Concern: How to Keep Farmland in the Hands of Canadian Farmers.


The OFA and University of Guelph published this information in the 2017 Farmland Value and Rental Value Survey report last month.