Recent Trends
In the last century, the trend in Canada has been for a smaller percentage of people to own land, as more urbanization has turned people into renters. Still Canada has one of the world's highest rates of home ownership, which actually increased during the economic boom of the mid 2000s. In 2008, of the 12.4 million households in Canada, more than 8.5 million, over two-thirds (68.4%) owned their home, the highest rate since 1971. Much of the recent increases were in the form of condominiums, however, which are not land ownership in the traditional sense. In 1981, less than 4% of owner households owned condominiums. By 2001, this proportion had more than doubled to 9%, and by 2006, it had reached 10.9%. Again, this reflects the impact of urbanization which has changed land holding patterns substantially.
In rural areas, the trend has been towards further farm consolidation. The number of farms has continually decreased since the end of the pioneering era in Western Canada (as recently as the 1930s in some regions, but more generally 1914), and at the same time, farm sizes have increased.
The other trend in rural Canada is for more urbanites to own summer homes, cottages, cabins, acreages, and hobby farms, taking land out of agricultural use.
Read more about this topic: Land Ownership In Canada
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