The world needs food. The world needs Ontario.
Our forecast is that demand for agricultural goods will continue to grow, driven by an increasing population, a rising quality of life in developing countries and a general global decline in the rate of productivity growth.
Meanwhile, expanding arable land is becoming increasingly difficult. Recent trends show that the world’s stock of productive farmland is being depleted under the continuing threats of urbanization, water scarcities, soil degradation and over-production.
For illustrative purposes only. This illustration depicts how farmland valued at $100,000 in 1996 has grown in value over time. Statistics Canada data was used for calculation purposes. Please consult your financial advisor and/or accountant for advice prior for further interpretation.