[Newsbot]

Title: Massive corporate farm venture planned for Western Canada
Category: Business
Posted By: Hyack
Date: 2009-03-26 08:39:38
Canadian

[Robair]

Interesting. It says the land is currently leased to local farmers... does that mean local farmers are SOL? Anybody here from the area?

That's a sizeable chunk, roughly the size of 10 to 15 'family farms'.

[sandorski]

Though it's sad to see the demise of the Family Farm, it's a couple decades past since it really occurred. Some still exist, but big Corporate Farms are the future unless someone intervenes.

That said, this particular Venture seems like a great idea. It certainly is a lot better than going the Casino route popular in the US.

[Robair]

The sizeable chunk of land in that article is apparently a very small part of the bigger picture talked about in this article.

$1:

At least 15 First Nations will be involved, farming over one million acres of land. The company will employ more than 250 full-time and part-time employees

Over one million acres will provide 250 full and part time jobs? Funny, divided among 'family' farms, that same amount of land would likely support around 500 - 600 families.

Just some quick math... ...maybe the corporation pays better.

[Toro]

Would someone please send me an offering memorandum?