This hwy 2 corridor effect is pretty amazing - was down in Balzac the other day and apparently it will undergo a lot of change in the next year. 1200 houses going west of the hwy, a hotel and casino complex, horse training facility etc. This shocking urban sprawl is clearly happening most of the way from Edmonton to Calgary.
Western Canada is still dominated however by large tracts of open farm and ranch land. For most of this land agriculture will be the future. It will not lie empty while we import cheaper food from overseas as that is not logical. Enough food will be imported to artificially hold prices down to a breakeven at best price for producers with the expectation that Government will pick up the tab for keeping producers on the land.
Maybe the future for Alberta producers driven crazy by high land prices and low returns is to move somewhere cheaper? This land that's bringing $2000 an acre would buy a lot of Saskatchewan land at $250 an acre. Perhaps with that much less invested in land profitable production might be possible? That's basically why I moved to Canada - half price for land of a similar productive capacity.
I always think there is a way - if the land is cheap enough, you are not servicing a lot of debt and you are a good manager.
Western Canada is still dominated however by large tracts of open farm and ranch land. For most of this land agriculture will be the future. It will not lie empty while we import cheaper food from overseas as that is not logical. Enough food will be imported to artificially hold prices down to a breakeven at best price for producers with the expectation that Government will pick up the tab for keeping producers on the land.
Maybe the future for Alberta producers driven crazy by high land prices and low returns is to move somewhere cheaper? This land that's bringing $2000 an acre would buy a lot of Saskatchewan land at $250 an acre. Perhaps with that much less invested in land profitable production might be possible? That's basically why I moved to Canada - half price for land of a similar productive capacity.
I always think there is a way - if the land is cheap enough, you are not servicing a lot of debt and you are a good manager.
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