[All] Land grabs happening in Canada.

[Louisette Lanteigne]

Hi folks

Institutional investors are extremely interested in Canadian land, which is far cheaper than in much of the world. 


Ontario, British Columbia and other, smaller Canadian provinces have no restrictions on foreign ownership of farmland. 

An unnamed investor with a US management company recently acquired almost four per cent of Nova Scotia’s land mass.


Land grabs in Canada have not been well-documented. Provinces do not keep inventory on large-scale land acquisitions.


There are also speculations that buying Canadian farmland may be a smokescreen for access to fields of potash, oil and gas.


“Around the world a lot of land grabbing is actually about gaining control of water, which is far more scarce than land; without water, you cannot farm, and a lot of land grabbers are from water scarce countries. This has been acknowledged by the head of Nestle.”


Read the full article here: 
http://www.watershedsentinel.ca/content/land-grabs-canadian-connection


Lulu 
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