Before Looking for a Farm for Sale in Ontario, Read These FAQs

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The first frequently asked question by people who have bought a farm for sale in Ontario is: Do I need a registration number to start farming? The answer is: No, you don’t need one to start farming – it depends on your income when you see a return on your production.

Farms with a gross income of $7,000 or more must, by law, register with Agricorp, which runs the FBR (Farm Business Registration) program on behalf of the Ontario Ministry of Agriculture and Food (OMAFRA). A farm business is required to pay a registration fee, and you can choose which organization you wish to join.

 

Question: When I have purchased a farm for sale, are there any programs and/or grants to help me start my new venture?

Answer: Services and programs are in existence to help in many areas of farming. However, in Ontario, there is no specific government funding program to help establish a new farming venture from a capital standpoint, but other programs may be applicable. Find out more at Programs and Services for Ontario Farmers.

 

Question: How do I calculate my production costs for certain livestock or crops?

Answer: Calculating production costs involves several factors, including variable costs and fixed costs. Click here for production information from OMAFRA.

 

Question: Once I have bought a farm for sale, where can I find out about local bylaws and zoning that could affect the way I run my business?

Answer: Bylaw and zoning information is available at your local township or municipality’s planning department.