Statistic's Canada's Balance Sheet of Agriculture shows a steady climb in both assets and liabilities on the country's farms.
The latest balance sheet includes numbers from 2009 to 2013.
Assets on Canadian farms increased in value by about 44 per cent over the five years, just over 12 per cent from 2012-13.
National farm liabilities went up about 26 per cent over the five year period and just over 8 per cent from 2012-2013.
Ontario figures followed the national trend.
Total assets over that five year period went up about 58 per cent while the value of liabilities increased by about 42 per cent.
From 2012-2013, Ontario agricultural assets went up about 12 per cent while liabilities were up just over 9 per cent.
Statistics Canada says Canadian farm assets in 2013 came to over 485 billion dollars, with liabilities of about 73 billion.
The value of Ontario agricultural assets in 2013 was about 135 billion against liabilities of almost 20 billion dollars.