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Canadian Chinese investors are interested in farmland and food processing in Ontario2010 Investment in Canadian Agriculture and Agri-food Industry Seminar-New ReleaseMay 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. As key sponsors of the event, members of ColdWell Banker K. Miller Realty, where also in attendance and provided valuable advice on purchasing farm real estate in Southern Ontario. Mr. Jack Huitema. Broker of Record, outlined some currently available properties and discussed key areas of Ontario to invest in and the risks and rewards associated with specific farming opportunities. This presentation was particularly useful for new arrivals to Canada as it gave a good overview of the investment required to begin a farming business in Ontario.
Other News:An Advocate for Canadian Chinese Farming PartnershipsChinese Investors Show Strong Interest in Canadian Agriculture and Agri-food Industry |
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