How financially sound are Canadian farmers?
Canadian farmland has a long track record of producing steady, equity-like returns that are uncorrelated with the ups and downs of other financial assets. Bonnefield’s research has shown that long-term…
Quarterly Newsletters + Insights
For anyone concerned about the disappearance of family farms in Canada, pending Liberal tax changes are a looming disaster
The Liberal government’s proposed tax changes will likely cause the greatest destruction of wealth for Canadian farm families since the 1980s farm crisis. But unlike the crisis of the 1980s,…
2017 mid-season update from the field
The volatile weather expeienced across Canada so far during the 2017 growing season has, once again, reiterated the need for a well-diversified farmland portfolio amidst unpredictable and challenging farming conditions.…
CPPIB withdraws from farmland investing. What went wrong?
[vc_row][vc_column][vc_column_text]Reuters recently reported that Canada Pension Plan Investment Board (CPPIB) has decided against making further farmland investments. Is CPPIB’s decision an indication that farmland is a poor investment, or…
Who should own Canadian farmland? And how can we best protect it?
On February 9, 2017, Bonnefield appeared before the Standing Senate Committee on Agriculture & Forestry. The Committee is undertaking a “Study on the acquisition of farmland in Canada and its…
US farmland prices are softening. Are Canadian farmland prices likely to follow?
US farmland prices, particularly in the Mid-West, are moderating and in some places actually declining modestly from their peak in 2013/14. US farmers have faced headwinds from a strong US…
Water & Climate Change: a competitive advantage for Canadian farmers
Water is a central component of the Canadian farmland investment thesis – indeed Canadian farmland (as distinct from US or other farmland) might be seen as a proxy for investing…
Current crop prices vs long-term outlook: like a spell of cold weather in a warming climate
Two back-to-back seasons of high crop yields in 2013 and 2014 increased world stockpiles of several important commodities – particularly corn and soy. Harvests in 2015 were uneven in different…
Farmland generates attractive returns without the risk and volatility of debt
MCSI recently published their quarterly “Global Quarterly Infrastructure Asset Index” comparing the returns generated by both listed and private infrastructure classes with other asset classes such as bonds,…
The Loonie flies to the rescue for Canadian farmers
The Royal Canadian Geographical Society has launched an effort to find an official national bird for Canada in time for our country’s sesquicentennial celebrations in 2017. In voting so far,…