Foreign Buyers

[farmers_son]

See: Foreign Ownership of Land Administration http://www3.gov.ab.ca/gs/information/registries/fola.cfm

Foreign corporations can own up to 49.9% of farm land. As well the Foreign Ownership of Land Administration does not apply to leases of up to 20 years. Note that exemptions can be applied for, for example landed immigrants may be exempt. We do see Americans owning farm land in Alberta so obviously ways are found around the Foreign Ownership of Land Act and Regulations. More work for lawyers.


I am wondering if there are similar laws in effect in the U.S.

[cowman]

nerves: I believe I read an article where he left for awhile but is now back and farming. I guess a few people made it sort of hot for him for awhile.
However we might view what he did, the fact of the matter is he did not give this cow BSE. Now why anyone would haul a cow to town that was obviously a downer with pneumonia is beyond me, but that was his decision.
He probably came out of the whole situation smelling like a rose? I think I heard he got like $1400/cow from the federal government? I don't know about you but I sure haven't been selling too many $1400 cows lately?

[cswilson]

It's an act of kindness that you need a Canadian partner-to help with the funny coloured money,bilingual cornflakes and to explain offsides in hockey.

[cswilson]

cowman, try $2200 a pair !!!!!

[pandiana]

Thanks for the link farmers_son. A very comprehensive statement until it gets to the 'application for exemptions' part.