Earlier this week Farm Credit Canada, the leading agriculture lender, released their farmland prices report for spring of 2013. FCC appraisers estimate market value using recent comparable sales. These sales must be arm’s-length transactions. Here’s a summary of the report. During the second half of 2012 Quebec experienced the highest average increase at 19.4%. Saskatchewan, where my farm is located,… Read More »
Good things come to those who wait. Unfortunately that’s not always the case for investors. I missed out on a good piece of farmland recently because I didn’t act quickly enough 🙁 Saw this posting last week. It’s on the realtor.ca website so anyone could browse all the various agricultural listings on there. This particular land is uber… Read More »
The government of Cyprus (a small island country near Turkey) announced they want to charge a one time tax on all their citizens’ savings and checking accounts, up to 9.9% of their balance (O_o) This is so the country can qualify for a $13 billion bail out package which they so desperately need. It certainly sets a very controversial precedent for… Read More »
I often like to compare lifestyles between different countries. I think where each of us are born has a huge impact on not only our own lives but also how we influence those around us. I recently found this ifitweremyhome.com that compares countries and the average lifestyles of people from all over the world. Coincidentally Canada is currently featured… Read More »
When we entrust money to a professional portfolio manager with billions of dollars under management we might assume that these people are better investors than you or I (^_^) After all they get paid huge salaries and oversee important private equity funds, mutual funds, or even pension funds like OMERS, CPP, California Public Employees, NY State Teachers, etc.… Read More »
In North America there is no shortage of complaints about the cost to drive a car and gasoline prices. But relative to the rest of the world like England where they have loony petrol taxes, or most of Europe, our prices are quite affordable (゜∀゜) A recent Bloomberg article compares the relative cost of gasoline prices in 60… Read More »