Canadian farmland values continued their upward trend during the first half of 2026, although growth has moderated compared to the rapid gains seen in recent years, Farm Credit Canada (FCC) says.
FCC's review also examined the farmland growth cycle that began in 2020 and found that growth peaks have not occurred simultaneously across Canada.
The strongest momentum has shifted away from some provinces that led the post-pandemic surge and toward the Prairies, particularly Alberta.
Alberta’s cultivated farmland values increased 5.3 per cent during the first six months of 2026 and finished the year-over-year period up 9.4 per cent.
The strongest gains were concentrated in the North and Peace regions, where a higher volume of sales activity supported value growth.