Americans buying lots of private Canadian land?
Date: Monday, November 01 2004
Topic:
I received the following via email:
"Hi, I like your site. I'm interested and concerned about whats going on. Do you have any information on what percentage of Canadian lands are owned by foreigners in particular Americans. I read that over 58% of our Industrial lands are American owned. I'm curious about our private lands. Also do you have any addresses to write to? Is there any possible solution to stop Canadian lands from being bought by non Canadians?"
I think this is an interesting question, so I checked with Mel Hurtig to see if he'd ever come across this info. As he said, jurisdiction over land is provincial, so he doubts national numbers are available.
I have heard anecdotal info from readers before, such as the fact that a large percentage of land on Saltspring Island is allegedly now owned by Americans; and anecdotal information from people around my own hometown in northern Alberta as well, where bad cattle prices mean land is often cheap.
But does anybody else have experiences or info sources on this to share? Is this a problem?
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