Newest BS with foreign Buyers!

[SASKFARMER3]

well after promising to pay on some land beside us and giving small little checks to keep the original owners happy the money has finaly arrived.
Yes its total amount and no it hasnt been flipped.
Yet!
So original owner had to pay last years taxes before the sale went through so basically he got nothing down. Were talking tinny down payment.
So what is the newest thing they are doing.
Well instead of having Rm maps covered with names that no one has ever heard of they are making up cute names to put on the title so that when an outsider looks at the rm map they figure a small corporate farm has purcased the property.
Oh well sale finally happened and the owners werent stiffed. Just the renters of the property who werent given a chance to farm the land.

Farming what a wonderful life!!!!!!!!!!

[SASKFARMER3]

one full year!

[SASKFARMER3]

Of complaining

[SASKFARMER3]

sask where is all this foreign ownership going to be good for AG! explain please!

[phoenix64]

It will and is beginning to be devastation for ag
and small ag communities, Phone or email Blair
Rutter, western Canadian wheat growers assoc.
204 256 2353 or email at
brutter@wheatgrowers.ca... They are meeting
with directors early next week to discuss and
begin a lobby strategy to curtail

[bgmb]

watch out when saskfarmer3 and blair get together HEADS WILL ROLLLLLLLLLL

[BTO_farmall]

And Where is All The Dumb F#ckin Farmers When The Hutts are Buying Everything in Sight, Then Some, Hmmmmmmmmm?????????? At Least with These Foreigners/Investors I have a Chance to Rent The Land, And One Day This Land Will Be Back on The Market, HUTTS NEVER. Nother Thing These Sellout Real Estate Guys Don't Realize When Selling To The Hutts, Theys'll Never Collect Commission on That Land Again. And If I Don't Know yer Momma, Ima Make em' Feel It, F#ck Da Hutts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Oliver88]

It is very odd the renters were not given a chance to buy.

[Oliver88]

Maybe its just your tone but it seems it
whine, whine whine.

I agree that foreign ownership rules
need to be enforced to the full extent
of the law.

I wonder how americans feel when we
canadians go south an buy vacation
propery, vehicles, campers and other
personal goods for 50 cents on the
dollar or less.....

[SASKFARMER3]

property in Phoenix or Florida is different, you live their, maybe rent it, but it really doesn't generate profit like land. If a Storm destroys it its gone. Land is still their. You will make if the asset goes up.

This is a huge problem and if farmers sit with their heads in the sand we will get it in the end!

[Oliver88]

SASKFARMER3-What are you suggesting we do?
Have you contacted the ag minister (Lyle Stewart) to enforce the ownership laws??

[farmaholic]

Not that I want to(feels like I have
enough for now), but doesn't anyone
want to compete with these guys or the
Hutts? Or is it they can't?

Maybe we need to ask ourselves what the
new buyers see in it. If it's making
economic sense for them maybe it should
for everyone. And if you think it
isn't, then sit on the sidelines and
maybe, just maybe, you will get another
crack at it. Why don't everyday run of
the mill farmers want to pay these
prices, yet investors do? Experience,
and seeing it for what it is is probably
the answer.

Regarding the Hutterites, BTO_farmall
is going to have to change his name to
SOL_farmless. Your right, once they
have it they're not letting go, unless
they want to. Industrious bunch they
are!!

[farmaholic]

Another point: So if anyone had the cash,
because that may be the big difference
here, would you pay the prices the evil
investors are willing to pay? If the
investment companies are paying cash and
your not--huge difference.

[SASKFARMER3]

Good points.
Pull the titles and you will see that a lot of the deals are borrowed to the hilt by Canadian banks.
NO real cash.
Yes Ive talked to our AG minister and Deputy etc.
Im a Saskparty supporter and they know Im Pissed at this.
Total donations to the cause Zip since this started.
On the one sale from the summer it seems I would have had a smaller mortgage than the investor that purchased it.
At least I had the 30 Percent down.
Its like the article in this weeks Western Producer from Australia. Farming in these parts for a 100 years has given on average 2 to 3 percent return the new buyers will realize some day.
Good article.

[phoenix64]

Regarding hutts farmaholic, no we can't
compete...its Socialism running in a capitalist
environment if that's how they want to run maybe
they should move to China where that mentality is
tolerated, in between time this insanity is breaking
down our communities