Canadian Farmland Prices 2025

Comprehensive farmland price data across all Canadian provinces. Track market trends, compare regional values, and make informed investment decisions with up-to-date agricultural real estate pricing.

National Average
$7,850/acre
+7.2% YoY
Highest Value
BC
$45,000/acre
Best Value
MB
$2,400/acre
Fastest Growth
SK
+9.1% YoY

Farmland Prices by Province

ProvinceAvg. Price/Acre1-Year Change5-Year ChangeActions
Ontario$12,500
+8.5%
+52%View Listings
Alberta$3,200
+7.2%
+41%View Listings
Saskatchewan$2,800
+9.1%
+58%View Listings
Manitoba$2,400
+8.8%
+54%View Listings
British Columbia$45,000
+4.2%
+23%View Listings
Quebec$8,900
+6.5%
+38%View Listings
New Brunswick$4,500
+5.1%
+28%View Listings
Nova Scotia$5,200
+4.8%
+26%View Listings
Prince Edward Island$6,800
+3.9%
+21%View Listings
Newfoundland and Labrador$3,500
+2.1%
+12%View Listings

Market Analysis & Trends

Key Market Drivers

Strong Commodity Prices: Wheat, canola, and beef prices remain elevated, supporting farmland values and rental rates.

Limited Supply: New farmland creation is minimal while urban expansion reduces available agricultural land.

Investor Demand: Institutional and international investors increasingly view Canadian farmland as stable asset class.

Climate Advantage: Canada benefits from climate trends extending growing seasons and crop viability.

2025 Outlook

Price Appreciation: Expect 6-9% annual appreciation nationally, with regional variations.

Interest Rates: Stabilizing rates should support transaction activity and financing accessibility.

Rental Markets: Cash rents projected to increase 3-5% as crop economics remain favorable.

Regional Leaders: Saskatchewan and Ontario expected to lead appreciation; BC and Atlantic provinces moderate.