The next target for foreign investors – farmland?

“A new report on real estate trends says foreign investors may start looking beyond Toronto and Vancouver to target other markets and property types beyond condos and houses. Montreal and Saskatoon are two centres that could see more foreign buyers looking for residential real estate, a new report from PwC Canada says. But other forms of real estate could see non-resident buyers showing up cheques in hand, notably for farmland. Chris Potter, a partner at PwC Canada, said agricultural property around Saskatoon is becoming attractive to foreign investment as the value of that land has soared.”

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