Farm Credit Canada (FCC), Canada's dedicated agriculture and agri-food financier, announced that it will invest $2 billion by 2030 to advance innovation in Canadian agriculture and food technologies (devices, research, and methodologies to improve efficiency, productivity, and sustainability). "The funds will come from the organization's new investment arm, FCC Capital, a capital solutions group," according to the Farm Credit Canada press release.
The official announcement was made by Darren Baccus, executive vice-president, Agri-Food, Alliances and FCC Capital, at the Investment Canada 2025 Conference.
"Canada's economic future depends on an agriculture and agri-food sector that leads the world in innovation and productivity. Until now, however, investment has been scarce and has not kept pace with the sector's increasingly sophisticated needs. With this investment, FCC is delivering on its commitment to be a catalyst and to support innovation and productivity in one of Canada's largest and most investment-friendly sectors," explains Justine Hendricks, FCC president and CEO.
For more information:
fcc-fac.ca