Irrigation & Water Rights – How They Sell Feat. Bruce Warkentin
Irrigation can be the difference between average returns and record harvests—but what really sets irrigated farmland apart, and how do water rights and taxation come into play when buying or selling? In this episode of The Farmland Exchange Podcast, host Devon Davidson is joined by Roy Carter, CEO of CLHbid.com; and special guest Bruce Warkentin, National Leader of Horticulture and Irrigation at MNP.
Together, they break down the complexities of irrigation in Western Canada and what it means for farmers, investors, and landowners.
We’ll explore:
✅ What makes irrigated farmland different from dryland acres—and how it changes yield potential, risk, and valuation.
✅ Opportunities for irrigation expansion across Western Canada, and the challenges of water access, infrastructure, and regulation.
✅ Taxation issues unique to irrigated land—why purchase price allocations matter when land, infrastructure, and water rights are all part of a sale.
✅ How water rights work in Alberta, Saskatchewan, and Manitoba, and why their transferability, security, and taxation matter.
✅ The benefits of a functioning water rights market, from attracting capital to improving bank security and optimizing farm assets.
✅ The growing trend of farmers divesting poorer-performing land to focus resources on high-quality, high-producing acres—and what that means for the future of farmland ownership.
If you’ve ever wanted to understand the value drivers behind irrigated farmland, the nuances of water rights, or why margins are reshaping farm ownership decisions, this is an episode you won’t want to miss.
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