I think we need a vote on China purchasing farm land!

[ado089]

Asrg, the likes of henery kelsey and
john Palliser didn't come to the
prairies to find thousands of acres of
food crops being grown, they didn't find
a thriving culture with a mecha of
technology. They found a few hundred
stone age people scavenging on bison
when they weren't too busy burning the
prairie and fighting with each other.
Further more they singed treaties that
for the most part were glorified
surrender documents. Something that has
happened through history countless times
all over the world, most the time much
more brutally. It was the immigrants of
the early 20th century that built this
country and later fought to defend its
freedom. We are now at a point once
again when our sovereignty is at stake
and we are saying no. I'm sure no one on
here has a problem with immigrants
coming here and buying land for the
purpose of operating a farm. The problem
lies with communist government money or
proxy money being used to buy our most
important resources.

[phoenix64]

I agree coming to this country buying land to trade
it around like it's some kind of an equity on the tsx
is absolute insanity, as for the Chinese, people do
not understand that this is farmland that will never
be resold, will not matter how crappy farming gets
in the future, this a way cheap way for them to
expand their borders without firing missiles, no
different than the hutts, phone ur mla's, mp's and
let's voice our concerns!

[bucket]

Let's say one earth farms went up for sale and the chinese decided to pay out eric sprott so he could show them a return on investment.

What would stop the sale?

Or if the chinese investor decided to buy agcapita, assinibioa partnership etc., in a week there could be a miilion acres moved to chinese hands. Is that ok?

I know it could happen because the nielson brothers bought the cattle industry in a week in Saskatchewan, and the government was too ****ing stupid to catch on.

[BTO_farmall]

Simple, I Could Offer $100 Per Acre, And I Would Have Every Acre of Reserve Land Out West, Boy I Could Really F#ck Up Spott's Business Model Couple Phone Calls!!!!!!!!!!!!!!!

[farmaholic]

I don't care who farms it, but there
should be a requirement that the owners
have to ACTIVELY farm it THEMSELVES.
Speculation has driven up the prices to
a point our potential young farmers
can't compete with Foreign Treasuries,
or Investor's deep pockets, this is what
I don't like. I don't mind when
"farmers" from Europe, Australia, South
Africa even China come and farm it
themselves. As I've said in a past
thread, if there hadn't been two
decades of tough times and negativity
towards ag we wouldn't be talking about
this. Even Sask land ownership rules
kept land prices artificially low, and
now that they are relaxed we have a
feeding frenzy the locals have trouble
participating in.

Have other provinces seen the
appreciation in farm land Sask has? I
know it was always more $ to start with
but did it go up in value the same
percent Sask's did? Are the other
provinces seeing the same Foreign and
Investor interest Sask is?

[cottonpicken]

Silverback,one of sun tzu 's quotes went along the
lines of conquering your enemy without fighting
was the most glorious.

The chinese stimulas plan was huge dwarfing
even the western worlds,so looks like we maybe
competeing against some magically created
money.

[wd9]

What exactly are the rules right now in
SK and AB to buy land? Does it apply to
city lots? Residential development?

[ASRG]

Why should anyone decide what I do with my property? Isn't it mine....to do with whatever I want as long as I don't infringe on my neighbours rights? Or was that just a bunch of bull shit?
How am I infringing on anyone if I sell to a Chinese person.....what he does with it is his concern, not mine!
If I sell to a German investor is it okay? Or a Dutchman? What if the European guy only buys it as an investment....is that evil...or is only the Chinese investor?
Basic economics 101...there is a buyer and a seller.....don't get in the way!

[ajl]

ASRG spoken like a landlord. It does
matter who you sell your land to. The
Chinese government is the biggest holder
of ill gotten gain in the entire world
because free markets don't exist there.
Thus they are controlling wealth that
rightly belongs to others mostly their
own citizens. Selling your land to the
communist party operatives is the same
as selling to the mafia or receiving the
proceeds of crime. If we had a sound
money policy this situation would not
exist. Less money printing and higher
interest rates would take care of the
problem in short order.

[oneoff]

Get the distintion straight between agricultural land and surveyed urban property (city, villages and hamlets ); and you then know (in Sask) what non residents and non Canadians can purchase.

Its less than 10 acres of farmland; and whatever urban property that a seller will part with.

More than 10 acres of farmland and you need the ememption; and are obliged to live up to the conditions. The Board just confirmed they will look into details.