Farm Credit Canada (FCC) has convened a coalition of more than 20 investment organizations collectively prepared to deploy up to $5 billion into Canadian agriculture and food innovation by 2030, marking what it describes as a generational investment opportunity for the sector.
The new coalition builds on momentum from May 2025, when FCC’s investment arm, FCC Capital, pledged $2 billion by 2030 to drive innovation across the agriculture and food industry. FCC Capital is already on track to deploy $325 million in new capital during its fiscal year ending March 31, 2026. Combined with the newly announced coalition pledge, the total commitment represents up to $7 billion in new investment into Canadian agriculture and food by the end of the decade.
The capital will support innovative Canadian businesses, construction and project finance opportunities, and early-stage ag-tech companies, helping bring new technologies and productivity gains directly to farmers and processors.
Among the investment partners participating in the coalition are Royal Bank of Canada (RBC), Bonnefield Financial, Northleaf Capital Partners, Radicle Growth Food and Agriculture Venture Capital, and Area One Farms, alongside a range of venture capital and private equity firms focused on agriculture and sustainability.
In 2021, total estimated annual investment in Canadian agricultural innovation stood at $270 million, according to RBC Thought Leadership. FCC says the new coalition positions Canada to significantly expand that figure and accelerate commercialization of breakthrough technologies across the value chain.
“Canada’s farmers, producers, and processors are already among the most innovative and entrepreneurial in the world,” said Darren Baccus, executive vice-president, Agri-Food, Alliances and FCC Capital. “By bringing this coalition together, we’re crowding in the capital needed to scale breakthrough solutions and deliver the next generation of innovation directly to Canadian producers. This work strengthens our food security at home while accelerating Canada’s rise as an ag and food superpower. FCC remains rigorously focused on supporting Canadian farmers and ensuring our work delivers tangible, measurable impact for them.”
“Agriculture is one of the most important and investable sectors of our economy,” said Minister of Agriculture and Agri-Food, Heath MacDonald. “This landmark investment will strengthen Canada’s leadership in agriculture and agri-food innovation, while charting a course for long-term growth, competitiveness, and resiliency for generations to come.”