FCC committed to ag innovation

The Crown corporation will invest $2 billion into agtech by 2030

Farm Credit Canada (FCC) is committed to being a partner in the future of Canadian ag innovation.

The Crown corporation announced on May 30 its promise to invest $2 billion into agtech in Canada’s agriculture and food industries by 2030 – within the next five years.

This represents a shift in ag investment in Canada.

“Canada’s economic future requires an agriculture and food industry leading the world in innovation and productivity. However, until now, investment dollars have been scarce and have not scaled to meet the increasingly sophisticated needs of the sector. Through this investment, FCC is delivering on its commitment to be a catalyst and support innovation and productivity in one of Canada’s most important and investable sectors,” Justine Hendricks, FCC President and CEO, said in a statement.

The investment dollars will come through FCC Capital.

FCC launched this investment arm in 2024 to provide expanded capital solutions to ag companies.

Last year, it supported nine deals worth about $170 million.

One of those deals included Catalera BioSolutions, a biopesticide manufacturer out of Vancouver, B.C.

And FCC Capital already supported at least one Canadian agribusiness this year.

In January 2025 it invested in Three Farmers Foods, a Saskatchewan-based food company.

“FCC is pleased to invest in Three Farmers as it pursues growth opportunities for its popular food business,” Doug Hewson, vice-president of investment at FCC, said in a statement. “This female-led, Saskatchewan-based business continues to demonstrate the ingenuity, innovation and customer focus that aligns with FCC’s own values and commitment to the Canadian agriculture and food industry.”