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Tuesday, January 20, 2009

Saskatchewan farmland will soar in value: ContrarianProfits.com

This is what financial industry insiders call "talking your book," but I can't resist reporting on bullish outlooks for Saskatchewan and agriculture.

ContrarianProfits.com, founded by Bill Bonner, the author of Empire of Debt: The Rise of an Epic Financial Crisis, today reported:

If you only looked at Saskatchewan, you wouldn’t know there was a global recession going on says Chris Mayer. The Canadian province is rich in relatively cheap arable farmland. And this means the region could be at the start of a multi-year boom as global demand for grains soars in the coming years.

The macro-economic case for Saskatchewan farmland can be found here.

US investors should know, however, that the Saskatchewan Farmland Security Act prohibits non-Canadians from purchasing farmland directly or indirectly, a fact that was missing from this story.

Posted by Matthew Johnston

Posted by westernstandard on January 20, 2009 | Permalink


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