this post was submitted on 03 Jun 2024
61 points (100.0% liked)

Canada

7210 readers
342 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

When asked if young, aspiring farmers ever inquired about buying his farm, Marcus Collinson just laughs.

"No young farmers are buying farms," he said, adding it's why he sold his four properties southwest of London, Ont., to an investor in May and June 2020.

The Toronto-based company that bought them is Bonnefield, Canada's first and largest farm real estate investment corporation. It holds more than $1.4 billion in assets across seven provinces, representing 140,000 acres (nearly 56,656 hectares) of farmland, according to its website.

According to Ontario land registry records, Bonnefield shows up as the owner in 464 premises identification numbers (PIDs), from northern to southern Ontario. Each PID is linked to a specific parcel of land rather than a business or a person.

you are viewing a single comment's thread
view the rest of the comments
[–] girlfreddy@lemmy.ca 16 points 5 months ago (1 children)

They're right. To add to the shitstorm, Harper sold off the Canadian Wheat Board to a US corp and Saudi investment fund ... which undermined the farmer collective from guaranteeing farmers received the best price possible for their product.

The following is a great article about the fallout.

https://www.nfu.ca/2020-hindsight-ending-the-canadian-wheat-board-was-an-economic-tragedy/

[–] avidamoeba@lemmy.ca 3 points 5 months ago

I remember that. ☠️