CBC News - Prince Edward Island - Farm fined for excess land holdings
Go the above link to read an interesting story about land holding restrictions in PEI. The Lands Protection Act in PEI places limitations on the amount of land that can be owned and on non-resident ownership of land (see: http://www.irac.pe.ca/document.asp?file=legislation/LandsProtAct.asp). Given the size of the province, one can see why there would be such a limit on aggregate land ownership in addition to the non-resident limitation (which also existed in Saskatchewan).
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