Photo: MJ_Prototype/iStock/Getty Images

Farm equity, asset values up in 2023: StatCan

Farms' ability to pay debts declined but balance sheet remains strong

The total equity of the Canadian farm sector rose nearly eight per cent in 2023 while farm assets rose more than seven per cent according to Statistics Canada’s 2023 balance sheet.


File photo of northern Alberta farmland. (Wonganan/iStock/Getty Images)

Farmland value growth slowed in 2023, FCC says

Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows

Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.






Ontario led the national increase in farmland value in 2022.

Canadian farmland values exceed expectations

Ontario leads the way in farmland value increases across the country

Glacier FarmMedia – Ontario farmland prices led the nation with an average increase of 19.4 per cent, well above the Canadian average increase of 12.8 per cent. The data was […] Read more


“We have not yet seen the full impact of higher interest rates on the demand for farmland.” J.P. Gervais.  Graphic: Farm Credit Canada

Farmland values exceed expectations

Ontario leads the country with 19.4 per cent increase

Average farmland prices were up 12.8 per cent in Canada in 2022, the largest increase seen since 2014 when the increase was 14.3 per cent. The increase follows gains of […] Read more