GFM Network News

Sask. opens farmland ownership review

Saskatchewan has kicked off public consultations for a review of its rules on investment in the province’s farmland. The consultation period, which runs until Aug. 10, is meant to help the province “understand who should, or should not be, allowed to own farmland in Saskatchewan,” Agriculture Minister Lyle Stewart said in a release Wednesday. At […] Read more

Australia backs farmers on foreign ownership gripes

Canberra | Reuters –– The Australian government has sided with farmers who say official data vastly underestimates foreign ownership of the nation’s farmland, as it moves to clamp down on overseas purchases of agricultural land. Foreign ownership is a key concern for many farmers, a crucial part of the conservative government’s support base, who worry […] Read more

Sask. eyes tougher rules on investor farm buys

Saskatoon | Reuters — Saskatchewan is likely to tighten what are already some of North America’s strictest rules for purchasing farmland, as it looks to fend off big money managers hungry for what they see as a winning investment. The province, whose fertile plains grow more wheat than Argentina, has become the latest front in […] Read more