For your reference, below is the 2019 report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 6%.
Property Type: Freehold Land
Parcel Size: 40 acres
Price: $280,000 CAD
Heavy timbered property for Sale!!! Beautiful land that has different tree species. An ideal piece of acreage to build a cabin or log house. Land has various spots for building sites. Service and utilities are easily installed. A hidden gem where you can enjoy the tranquil of the forest.