Starting around 2020, Australia’s agriculture and farmland have been in high demand for institutional investors in Canada as they were striving for diversification and sustainability. Significant investments in these sectors have come from the Caisse de depot et placement du Quebec (CDPQ), Alberta Investment Management Corporation, Ontario Teachers' Pension Plan, and the Public Sector Pension Investment Board.
The $304-billion Canadian pension fund also partnered with the Clean Energy Finance Corporation (CEFC) to establish a new sustainable agricultural platform in Australia in July 2023.
The $100-million (A$150-million) investment from Canada's second largest pension fund in Wilga Farming will bring in substantial new capital and spearhead the effort to decarbonise Australian farms, while also boosting farm production at the same time. The interest from pension funds in this sector reflects the potential for stable returns and long-term growth in the Australian agricultural industry.
Source: asianinvestor.net
