Alberta no longer has the most valuable total farm real estate in Canada, numbers from Statistics Canada show.
The value of Canada’s total farm real estate — including farmland and buildings — grew to $652 billion in 2022, according to agriculture balance sheets from StatsCan published last month.
The figures show that in 2020, Alberta’s total farm real estate was valued at $146 billion, higher than any other province. Ontario was in second spot, at $141 billion.
By 2022, Alberta’s total farm real estate value had increased to $167 billion, compared to $201 billion for Ontario.
“If you look at Ontario, the demand for land, farmland around urban areas … has been really, really strong,”
