The network for agriculture in Ontario, Canada
What's your opinion on foreign land ownership in Canada?
In this months Real Estate newsletter, I discuss China's aggressive push for land ownership in other countries. You can view the article here.
What are your opinions the subject? Do we want Chinese investment in our economy? Or could there be negative consequences that could occur?
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Replies to This Discussion
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Permalink Reply by Joe Dales on -
Hi Tony,
I think new farmers are worried about competing with investors for land and hate seeing the prices pushed higher.
This trend only seems to be increasing as countries like China want food security and see the land as a good long term strategy.
Here is an article from Agrimoney that shows how much money could flow in to buy up land for investors...
http://www.agrimoney.com/news/fund-farm-buying-only-just-begun---ev...$40bn--5298.html
Joe
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