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New rules for farm ownership in Saskatchewan
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6V53N
Posted 10/22/2015 13:16 (#4852481)
Subject: New rules for farm ownership in Saskatchewan


Saskatchewan
"Agriculture Minister Lyle Stewart has introduced amendments to Saskatchewan's farm security legislation that will make pension plans and their administrators ineligible from owning farmland in the province. All financing for a farmland purchase will also have to be through a financial institution registered to do business in Canada or by a Canadian resident."

This change is legislation was sparked by the Canada Pension Plan purchasing 115,000 acres of farmland in late 2013.



http://www.leaderpost.com/business/agriculture/rules+farm+ownership...
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