FCC invests 150-million-dollars in Canada’s farm and food industry

Regina-based Farm Credit Canada has outlined a $150-million investment in the agriculture and food industry.

FCC’s vice president of Finance, Rebecca Clark, says $100-million will go to a new venture capital fund to help proven companies through unexpected business disruptions like COVID-19.

She says the maximum support is $10-million per company.

She says the funds will support farm and food businesses ranging from primary production to crop inputs and machinery.

FCC has also recently invested over $50-million into three new venture capital funds for innovation and growth in the farm and food sector.

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