farmlandsignature2.gif (2403 bytes)
   Farm Ownership
Back

Farm Ownership
Phone: (306) 787-5047 Fax: (306) 787-8599
Email: inquiries@farmland.gov.sk.ca.

Saskatchewan’s Farm Ownership legislation reflects the continuing commitment of the Government of Saskatchewan to regulate the ownership and operation of Saskatchewan farm land by non-Canadian interests.

Objectives:

Saskatchewan is one of several Canadian provinces which restricts farm land ownership by non-Canadians. The Saskatchewan Farm Ownership Act was passed by the Saskatchewan Legislature in 1974. It has since become part of The Saskatchewan Farm Security Act.

By limiting speculation in farm land and concentration of foreign ownership, the Act supports two major goals:

  • To maintain opportunities for Saskatchewan residents to acquire farm land in Saskatchewan for agricultural purposes;
  • To support the development of strong rural communities in Saskatchewan.

Who is affected by the Act?

The Act affects:

  • non-Canadian individuals unless they are residents of Canada;
  • entities totally or partly owned or controlled by non-Canadians.

Ineligible individuals or entities must apply to the Farm Land Security Board for an Exemption to acquire an interest in more than 10 acres of farm land in Saskatchewan.

 

The following are not affected by the Act:

  • Canadian residents or citizens;
  • Entities (corporations or membership-based organizations) which are 100% Canadian-owned and are not publicly traded;
  • Designated relatives acquiring land from eligible Canadian residents.

What about existing land holdings?

  • Land owned before 1974 may continue to be held by the same person, regardless of citizenship or residency;
  • Land acquired by a person while a resident may be retained if they move out of the province.

Some definitions from the Act

 

Farm land is a real property outside of a city, town, village or hamlet that is capable of being used for farming but does not include minerals or land used in processing or storing minerals.

 

An interest in farm land includes a purchase, lease, and option to purchase or lease, but excludes a bona fide mortgage interest.

 

Resident person is an individual who resides in Canada for at least 183 days in any year, or is a Canadian citizen.

 

Canadian-owned entity is a corporation, partnership, syndicate, joint venture, co-operative, association, or any other similar entity prescribed in the regulations, in which all shares or interests are legally and beneficially owned, and all the memberships are held, by resident persons or other Canadian-owned entities.

 

The Farm Land Security Board:

The Board is an appointed administrative body which administers and enforcesthe Farm Ownership portion ofThe Saskatchewan Farm Security Act. It has the authority to exempt individuals, corporations, farm land and an interest in farm land from any provision of the legislation.

 

How to apply for an Exemption:

Obtain either a corporate or non-resident application form from this web site. Mail or fax your completed application to:

Farm Land Security Board
315 - 3085 Albert Street
Regina, Saskatchewan
Canada S4S 0B1
Fax:  306-787-8599

 

What factors does the Board consider?

In considering applications for Exemption from the public policy expressed by the Act, the Board considers such factors as the public interest, the potential impact to Saskatchewan and the specific circumstances of the applicant.

 

GENERAL

These definitions and explanations summarize the principal provisions of The Saskatchewan Farm Security Act, regulating land ownership as at January 1, 2003, and are intended for general information only. While care has been taken to ensure the general accuracy of this summary, it will be necessary in all cases to refer to the Act and Regulations to determine application in individual cases with certainty.

 

A copy of the Act and Regulations can be obtained from:

Office of the Queen’s Printer, Acts and Publications
B19-3085 Albert Street
Regina, SK S4S 0B1
Telephone:  306-787-6894
http://www.qp.gov.sk.ca/

 

More information on Farm Ownership can be obtained by contacting:

General Manager - Farm Land Security Board
Phone: 306-787-5153
Fax: 306-787-8599
Email: inquiries@farmland.gov.sk.ca.

 

 

 

Get Acrobat Reader

TOP OF PAGE




Main Navigation
Search
Who Does What
Telephone Book
Did you find it

Farm Ownership
Farm Forclosures
Home Quarter Protection
Equipment Repossessions
Comparable Land Sales
Publications
What's New
Contact
Links
Home
 

2013
Government of Saskatchewan
Downloads
Disclaimer

Privacy Policy

Contact the Webmaster