Recent data from Statistics Canada reveals that Alberta has lost its position as the top province in terms of total farm real estate value in Canada.
The data also shows that Alberta's farmland is most expensive south of Calgary, with prices reaching as high as $20,200 per acre in 2022.
On the other hand, in Ontario, farmland in the southwestern part of the province holds the highest value, with prices ranging up to about $39,000 per acre during the same year.