The Saskatchewan government is taking new steps to sell about 300 thousand acres of cultivated crown land to lease holders.
Agriculture minister Lyle Stewart says lease holders are being offered a ten-percent purchase incentive until the end of March.
He says the province is making it as easy as possible for farmers to own their land.
“It’s an asset to them and helps their operations,” Stewart said. “A lease is not a tangible asset. You can’t borrow money against it. A deeded property creates wealth for families in the end.”
Lease holders who continue to lease face a 45 percent premium to the usual rental rate in 2018.
This follows a 15-percent premium in 2016 and 30 percent premium applied in 2017.