Farmland ownership loopholes? APAS is on the case
Briefly

Farmland ownership loopholes? APAS is on the case
""Every meeting that we have with our members, the conversation inevitably comes around to stories of foreign ownership of farmland... and the concerns about who's owning this land.""
""I don't know that there's necessarily holes in the legislation... [but] I'm not confident that the act has enough teeth... to be a deterrent.""
""There just doesn't seem to be any common sense as to why that is... so there has to be something driving this rapid increase [in prices].""
""The intent, he says, is to work together to make improvements in areas that we find worthwhile.""
Saskatchewan has stringent regulations regarding farmland ownership, yet concerns persist about foreign ownership and financing methods. The Agricultural Producers Association of Saskatchewan (APAS) is conducting an independent review of recent farmland transactions to investigate potential loopholes exploited by foreign entities. This initiative is driven by farmer feedback, aiming to validate or dispel ownership concerns and recommend oversight improvements. Rising land values are causing producers to feel priced out of expansion, raising questions about the economic rationale behind these increases. APAS seeks collaboration with the provincial government for effective solutions.
Read at Realagriculture
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