Screen capture of farmland values in Alberta's Peace region in 2025 (Image Credit: FCC)

By Erika Rolling

Agriculture

Farmland values jump nearly nine per cent in northern Alberta in 2025 says FCC

Mar 24, 2026 | 12:11 PM

Farm Credit Canada says Canadian farmland continued it’s steady climb in value in 2025.

According to the latest FCC Farmland Values Report, the prairie provinces of Alberta, Saskatchewan, and Manitoba were the driving forces behind the 9.3 per cent increase. The Maritimes also continued in growth, while Quebec and Ontario increases in average value eased from previous years. British Columbia was the the only province to record a decline in average value at 1.7 per cent, despite having the highest farmland value prices on average.

In Alberta, the average cultivated farmland value increased by 11.4 per cent last year. This was followed by a 74. per cent increase in 2024 and a 6.5 per cent increased in 2023.

In the Peace, which encapsulates the portion of the province north of the capital city, farmland value averages rose by 8.9 per cent. The average dollar value per farmland acre in the Peace is $3,400.

J.P. Gervais, an ag production executive vice-president at FCC said in a news release, “The ongoing uncertainties related to trade and tariffs, high input costs and low commodity prices did not deter buyers’ interest in farmland. These factors combined with varying local market conditions will influence future trends in farmland affordability.”

FCC says while more than 30 years of increasing farmland values is good news for current owners, it can present a significant challenge to those who want to enter the agriculture sector.