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Canadian farm liabilities outpaced equity growth in 2024

Farmers see declining ability to service debt for second consecutive year

Canadian farmers' total equity growth slowed for the first time in five years in 2024 as liabilities grew faster than assets, Statistics Canada reported. Farmland prices led to most of the growth, while declining farm income led to less ability to service debts.






Farmland values grew last year by 13.1 per cent in Saskatchewan, 11.3 per cent in British Columbia, 7.1 per cent Alberta and 6.5 per cent in Manitoba.

Value of Canadian farmland ‘robust’ but cracks are appearing

Average prices across the country grew by nine per cent last year, although the rate of growth continues to drop year over year

Reading Time: 4 minutes Average farmland prices across Canada grew by nine per cent last year, although the rate of growth continues to drop year over year. Alberta saw a 7.1 per cent growth in 2024.




Ari Westhaver of the NFU demonstrating on Parliament Hill in Ottawa on Nov. 22, 2023. (Jonah Grignon photo)

NFU takes demand for ban on investor ownership to Parliament Hill

Organization's youth caucus concerned amid ‘transition crisis’

Members of the National Farmers Union (NFU) gathered on Parliament Hill Wednesday to demand a ban on investor ownership of farmland. The demonstration was organized by the NFU Youth Caucus and Farm Workers’ Working Group. The goal was to demand protection of food sovereignty and help farmers, especially young ones, gain more access to farmland. […] Read more