Southern Alberta’s historic Stampede Ranch is no longer under threat of receivership after a discontinuance was filed at court this week by the investment firm which launched the court action in late October. The discontinuance of claim terminates Farm Lending Canada’s court action "pursuant to an agreement between the parties." The 135-year-old Stampede Ranch ranch was once run by Calgary Stampede founder Guy Weadick. Advertisement AdvertisementAdvertisement AdvertisementCourt documents filed back in October show that Karl Farms, with Stampede Ranch, borrowed $5 million from Farm Lending in 2024. “We truly believe the best days are ahead for the Stampede Ranch.”The Stampede Ranch is not the Calgary Stampede Ranch, a 22,000-acre property near Hanna, Alta., established in 1961 for the purpose of breeding and raising rodeo-competing horses and bulls.

Source: CBC News December 20, 2025 16:31 UTC