Agri-Food Businesses

We will streamline services and boost investments to help Canada’s food producers and processors succeed and grow.

Canada’s food sector is an important source of hundreds of thousands of jobs, with the potential to create many more good, middle class jobs in the years to come.

To give food producers and processors better and more timely support, and to meet our goal of making Canada the world’s second-largest exporter of agricultural products by 2025, we will merge existing financial and advisory services currently scattered between several agencies into Farm Credit Canada, whose mandate will be expanded and enhanced. The new entity, Farm and Food Development Canada, will serve as a single point of service to help all parts of Canada’s food economy develop, grow, and export to new markets.

To help more food businesses access the capital and support they need to succeed and grow, we will also move forward with increasing Farm and Food Development Canada’s capital lending capability by up to $5 billion per year, on top of the existing support delivered by Farm Credit Canada.