Farms.com Home   Ag Industry News

Ontario farmers to begin receiving property assessments

More than 220,000 farms will receive notices

By Diego Flammini
Assistant Editor, North American Content
Farms.com

More than 220,000 farms in Ontario will soon receive property assessments from the Municipal Property Assessment Corporation (MPAC), to see whether or not their land has increased or decreased in value.

MPAC reports that farmland values in the province has increased by an average of 16 per cent since 2012; MPAC also reports that according to Farm Credit Canada, farm values have been on the rise since 1988.

“Farm values reflect the local real estate market and farm property owners may be interested to know that all categories of agricultural land have increased over the last four years,” said Rose McLean, MPAC’s vice-president and chief operating officer, in a release.

Assessments are mailed out every four years and the current ones will have a valuation date of Jan. 1, 2016.

MPAC compiles a variety of data to ensure the valuation is as accurate as possible.

“To determine farmland values MPAC collects and analyses information about sales of farmland to farmers,” said McLean. “Sales of farms to purchasers who intend to use them for other purposes are not included.”

Farm owners are encouraged to visit aboutmyproperty.ca to get more information about their property and its assessment including past values, comparisons to others in the area and taxes.


Trending Video

How American Farmers Harvest 9.97 Million Tons of Rice by Machine

Video: How American Farmers Harvest 9.97 Million Tons of Rice by Machine

How American Farmers Harvest 9.97 Million Tons of Rice by Machine

Step into the world of large-scale rice farming with this eye-opening farming documentary! Discover how American farmers harvest 9.97 million tons of rice by machine, utilizing advanced agricultural technology to maximize efficiency and productivity. This video takes you on a journey from the rice fields to the processing stage, showcasing the innovative techniques that help meet global food demands.
Watch as American farmers harvest 9.97 million tons of rice by machine, using state-of-the-art harvesters designed to work swiftly and precisely. This farming documentary explores the entire rice production process, from planting and irrigation to harvesting and milling. See how automation and AI-driven machinery assist farmers in reducing labor costs while improving yield and sustainability.
This farming documentary also highlights the environmental considerations and resource management techniques used to ensure sustainable rice production. By focusing on how American farmers harvest 9.97 million tons of rice by machine, the video demonstrates the balance between technological advancements and responsible farming practices.
Whether you’re an agriculture enthusiast, a fan of modern machinery, or simply curious about where your food comes from, this farming documentary provides an in-depth and engaging experience. See how American farmers harvest 9.97 million tons of rice by machine, transforming raw grains into a staple food for millions. Don’t miss this must-watch exploration of the incredible innovations shaping the future of rice farming in this insightful farming documentary!