New Agri-food Project Finance initiative introduced by Farm Credit Canada

Sep 21, 2026 | 4:05 PM

Farm Credit Canada (FCC) has launched a 60-day expression of interest process for its new $1-billion initiative, inviting organizations to bring forward major agri-food processing and manufacturing projects across Canada.

Part of the federal government’s National Food Security Strategy, the specialized financing is designed to advance construction-ready projects that expand food processing and manufacturing capacity across Canada.

Agriculture and Agri-Food Minister Heath MacDonald said Agri-food Project Finance aims to create more value-added Canadian agricultural products, strengthen domestic supply chains and improve long-term food security by expanding food processing in Canada.

“This new $1 billion fund, combined with the $150 million investment in Velocity Agri-Capital Partners, will help Canadian agri-food businesses bring ambitious projects to life, expand processing capacity, and grow value here at home. By investing in innovation and infrastructure, we’re supporting producers and ensuring Canada’s food system is resilient for the future,” MacDonald said.

Canada produces some of the world’s highest-quality agricultural products, but much of it is shipped abroad for processing before returning to Canadian grocery store shelves. Many of the projects needed to help close that gap require significant investment and can be difficult to finance through conventional lending alone. Agri-food Project Finance introduces a specialized debt financing approach to help more of those projects move forward.

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Justine Hendricks, president and CEO of FCC, said the organization will use its market intelligence, data-driven research and analytics, and relationships across the value chain to identify where investment could have the greatest impact and how to support promising projects.

“Canada’s agriculture and food industry has a unique opportunity to meet the growing demand at home and around the world, not only helping producers but feeding more Canadians,” Hendricks said. “Agri-food Project Finance will unlock the right projects to help Canada build the infrastructure and processing capacity we need for a stronger, more resilient and more self-reliant food system.”

The initial 60-day expression of interest window will help FCC identify suitable projects and better understand industry demand. FCC expects to consider additional project opportunities as the initiative evolves.

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alice.mcfarlane@pattisonmedia.com

by Pattison Media

New Agri-food Project Finance initiative introduced by Farm Credit Canada

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