Western Canada farmland values surge in 2024 amid strong demand and dry conditions
Saskatchewan leads the nation with a 13.1 per cent increase as Prairie provinces see rising values driven by limited supply, irrigation needs, and continued interest in agricultural land.
In 2024, Western Canada's farmland values experienced notable increases, as detailed in the latest Farmland Values Report from Farm Credit Canada (FCC), released on March 14. Saskatchewan led the nation with a 13.1 per cent rise in average farmland values, while British Columbia saw an 11.3 per cent increase. Alberta reported a 7.1 per cent growth, and…