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Canadian Chinese investors are interested in farmland and food processing in Ontario

2010 Investment in Canadian Agriculture and Agri-food Industry Seminar-New Release

May 3, 2010, Hamilton, Ontario. Reported by CCAgr Business Development Officer:  Mychal-Ann Hayhoe

 The second annual investment in Canadian agriculture sector event organized by Canada-China Agriculture and Food Development and Exchange Centre (CCAGR) was a great success.  The furnishing and view offered at beautiful 250 Younge Street on the 35th floor provided a spectacular experience for new comers to the city of Toronto that were in attendance.  Over 100 people from diverse locations including China and multiple Canadian provinces came to take advantage of the expertise offered by the events speakers.

The day began with opening remarks from Dr. Doug Yunblut, the president of the Agriculture Institute of Canada and senior adviser for CCAGR.  Representatives of Ontario and Internationally Educated Agrologists were in attendance and Mr. Terry Kingsmill provided a presentation that outlined the function of the organization and the opportunities for investment in Ontario’s agriculture sector.   This was followed by a presentation from Mr. David Rinneard and Mr. Alex Li from the Bank of Montreal on the importance of agriculture to their financial institution and the opportunities available to those looking to acquire a loan for agricultural business start-up.   Mr. Sri Sethuratnam, program manager of Farm Start, also provided a very useful presentation on the services available to new Canadian farmers including the “New Canadian Farmers Project” which provides qualified applicants with start-up grants, mentorship and farm linking. 

Dr. L. Yao of Global Technology, Training and Trading Inc.,  spoke on the opportunities available to farmers in Ontario.  He summarized the current market place including major areas for food export and import and used his extensive expertise to estimate areas where future development would be most lucrative.  Mr. Zhao Yong of the Canadian Food Inspection Agency also provided a presentation of the rules and regulations required for producing safe food products in Ontario and Canada.  Following this, Mr. Katlun Yong, a recent Chinese immigrant and now a successful Ontario sheep farmer, discussed his achievements in farming and offered advice for those who desire to emulate his path.  

Finally, Mr. Chyang Wen of the Ministry of Economic Development and Trade and Mr. Elmer Buchanan, former minister of the Ontario Ministry of Agriculture, Food and Rural Affairs,  and current vice chair of the Ontario Farm Products and Marketing Commission delivered excellent presentations.  Mr. Wen discussed the process of immigrating to Canada and provided additional resources for the hopeful Canadian citizen and farm owner.  Mr. Buchanan discussed regulated marketing and the Commission responsible for its control.

To conclude the day, Mr. Youming Zhao, P.Ag.  President of CCAGR, provided a presentation that summarized the opportunities for agriculture investment in Canada.  Mr. Zhao also outlined key resources for new farm business people and concluded by reminding the audience of the services offered by CCAGR to help them develop a farm business that will flourish in Canada; Buying Farms Assistance, Management Assistance, Training, Tech Support and Consulting.

2010 Investment in Canadian Agriculture and Agri-food Industry Seminar – Ontario Agriculture and Agri-food Industry Advantages



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