Canadian Farmers Need the Right Kind of Capital
Last week, Saskatchewan’s government announced that it is restricting pension funds and other investors from purchasing farmland. Saskatchewan has nearly half of Canada’s farmland. The Canadian Pension Plan Investment Board, the group most effected by the decision, is Canada’s largest institutional investor. So it is no wonder that the decision has people talking. The question is whether people are having the right conversation, because whether pension funds are allowed to invest in Saskatchewan or not, Canadian farmers are facing a financing crisis. Farmers cannot get access to the right kind of capital to build stable farms. Now is the time to change that.