In an effort to keep Ontario’s farmland in the hands of Ontario’s farmers, the Ford government proposed the Farmland Security Act last week as part of the newly introduced Protecting Ontario’s Food Independence Act.
The act would restrict foreign investors from buying farmland in Ontario, aiming to secure the province’s long-term food sovereignty.
“Our proposed legislation aligns us with five other provinces and other U.S. states, which currently have legislation restricting the amount of farmland non-Canadian individuals or entities can acquire in place. Regulations will be developed through consultations to ensure the approach is targeted, evidence-based, and gets it right,” said Spencer Fair, press secretary for the Minister of Agriculture, Food and Agri-Business.