Cultivated farmland values in Alberta rise in first six months of 2026

Farm Credit Canada has released its survey of cultivated farmland values for provinces across the country, and Alberta saw a noticeable spike.

The FCC’s senior economist Justin Shepherd, however, is quick to point out that only a few short years ago, it was almost the opposite for our province.

“Three or four years ago, it was more Ontario, British Columbia and Atlantic Canada that was seeing stronger growth than Alberta during that time and was a bit more restrained, but then Alberta didn’t see those same levels of high value during that time. They continued to trade on the economics of land. What can you grow for crops or provide for cattle? Though, as margins have slowed a little bit, so has land growth. Looks like higher growth than Ontario, but it’s just really the timing on when this growth occurred.”

Among provinces, Prince Edward Island showed the biggest gain in average farmland values in the first six months of 2026 at 11.9 percent.