Canada -- Economic conditions; Canada -- Emigration and immigration
more money will have to be spent on draining the land if it is to be any
good for farming. Or it may be covered with trees that want stumping
out, or the good surface soil may be very shallow and ten years of
cropping will exhaust it, or there may be a dozen other things that will
depreciate the value of the land.” Again there is that danger of
“long-range speculation.” The projected railway may never become a
reality. The station within four miles of your farm may exist only in
the imagination. You may have to cart your stuff not four miles, but
seven or ten miles, and the extra cost of cartage and of labour will
considerably reduce the margin of profit. You may be fifty miles from a
populous town which offers a market for produce other than wheat, and if
you want to succeed in Canada it is well not to put all your eggs into
the wheat basket, but to have dairying, chicken and egg-raising, and
market gardening as other resources. No English farmer ought to buy land
until, in the company of an experienced Canadian farmer, he has
thoroughly examined it and studied its capabilities. The English
investor, knowing nothing about Canadian acreage values and still more
ignorant about the actual value of lots offered to him on this
particular acreage investment proposition, should not risk his money
without expert advice from the district. Such expert advice is usually
to be had, though of course it has to be paid for, but no money is
better spent than that spent in gaining such knowledge.
This chapter on Real Estate is written in no unfriendly spirit to the
Real Estate men. I am convinced that many of those whom I met, both
those dealing in town sites and those dealing in acreage, were men of
sound judgment and good commercial honesty; but business is business,
and the principle in the minds of a large number of the Canadian Real
Estate men generally is _caveat emptor_—“let the buyer keep his eyes
skinned—my business is to sell. I have to make my profit—it is the
buyer’s business to take care that he makes his. If the land is not what
he expected that is his look out—he must find somebody else as simple
as himself to relieve him of it.”
* * * * *
CHAPTER VIII
THE HOMES OF CANADA
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