Real Reason Highlands Owns Dufferin Farmland is for Financial Benefit of Investors

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Published on Wednesday, 02 May 2012 17:09

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National Farmers Union Recommends that Quarry Application be Rejected

“Once the aggregates are removed from beneath prime agricultural land such as this, full rehabilitation is impossible.  The good drainage of „gravel-bottom‟ land is what makes the land so valuable as farmland, especially for higher value crops such as potatoes,” according to Slater.

“Just as with other corporate foreign owners of farmland, the real reason The Highland Companies owns farmland in Dufferin County, is for the financial benefit of its investors.  They will continue to develop the land in the manner that provides them with the greatest financial return, and with no consideration for protecting farmland or rural communities.  This is part of a growing trend not only in Canada, but around the world - the buy-up of vast amounts of farmland by huge multi-national investment firms,” said Slater. 

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Posted April 30, 2012 in "Farms.com"

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