{"id":33923,"date":"2022-12-22T15:37:15","date_gmt":"2022-12-22T20:37:15","guid":{"rendered":"https:\/\/bonnefield.com\/?p=33923"},"modified":"2026-09-01T14:34:05","modified_gmt":"2026-09-01T18:34:05","slug":"bonnefield-newsletter-q4-2022","status":"publish","type":"post","link":"https:\/\/bonnefield.com\/fr\/news\/bonnefield-newsletter-q4-2022\/","title":{"rendered":"T4 2022 \u2013 Investir dans l\u2019agro-industrie canadienne"},"content":{"rendered":"<a class=\"wp-block-tco-blocks-button-block button button--primary\" href=\"\/wp-content\/uploads\/2022\/12\/Bonnefield-Q4-2022-Newsletter.pdf\"><span>T\u00e9l\u00e9charger le PDF<\/span><\/a>\n\n<p>Bonnefield a toujours \u00e9t\u00e9 un fervent partisan de l\u2019agriculture canadienne. Depuis plus d&#039;une d\u00e9cennie, nous travaillons avec des agriculteurs de tout le pays pour d\u00e9velopper leurs exploitations, passer \u00e0 la prochaine g\u00e9n\u00e9ration ou stabiliser et renforcer leurs bilans gr\u00e2ce \u00e0 une solution flexible de capital foncier. Au cours de cette p\u00e9riode, nous avons entendu de nombreuses autres personnes int\u00e9ress\u00e9es \u00e0 comprendre comment Bonnefield pourrait \u00e9galement soutenir leurs entreprises au-del\u00e0 des terres agricoles. Non seulement cela repr\u00e9sente un prolongement naturel de nos activit\u00e9s d\u2019investissement dans les terres agricoles existantes, mais cela est \u00e9galement conforme \u00e0 notre engagement envers l\u2019avenir de l\u2019agriculture canadienne de trouver une fa\u00e7on de soutenir ces exploitants. Pour cette raison, nous lan\u00e7ons un nouveau v\u00e9hicule d&#039;investissement, le Fonds d&#039;agriculture int\u00e9gr\u00e9e Bonnefield, avec pour mandat d&#039;investir dans les entreprises agroalimentaires et les infrastructures agricoles via des capitaux sans contr\u00f4le pour les principaux op\u00e9rateurs.<\/p>\n<p>Lorsque nous pensons \u00e0 la production alimentaire au Canada, l&#039;accent est souvent mis sur la production primaire, en particulier l&#039;agriculture et l&#039;\u00e9levage, ou sur la fabrication et la vente de produits finis tels que les produits de boulangerie, les produits de longue conservation, les boissons en bouteille, les produits frais et surgel\u00e9s emball\u00e9s. , et d&#039;autres articles facilement consommables disponibles chez la plupart des d\u00e9taillants alimentaires. Cependant, il existe un certain nombre d&#039;\u00e9tapes int\u00e9grantes entre la production primaire et la vente des produits finis aux consommateurs. Le parcours de nos aliments du champ \u00e0 l\u2019assiette est complexe et, m\u00eame si chaque maillon de la cha\u00eene de valeur de l\u2019agro-industrie est confront\u00e9 \u00e0 des d\u00e9fis uniques, nous pensons qu\u2019il existe d\u2019importantes opportunit\u00e9s et besoins d\u2019investissement et de croissance dans ce secteur.<\/p>\n<h5>Introduction \u00e0 la cha\u00eene de valeur de l&#039;agro-entreprise canadienne<\/h5>\n<p>La production alimentaire commence par l&#039;agriculture primaire, qui englobe les activit\u00e9s de base exerc\u00e9es dans les limites des fermes, des p\u00e9pini\u00e8res ou des serres.<sup><a id=\"Q1top1\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note1\">(1)<\/a><\/sup>. L&#039;agriculture primaire peut comprendre la culture et la r\u00e9colte de cultures (par exemple, c\u00e9r\u00e9ales, fruits, l\u00e9gumes), la production laiti\u00e8re, l&#039;\u00e9levage de b\u00e9tail et de volaille, ainsi que l&#039;aquaculture.<\/p>\n<p>Une fois que les aliments quittent la ferme, les transformateurs transforment les intrants alimentaires crus en produits et sous-produits qui sont soit finis et pr\u00eats \u00e0 \u00eatre consomm\u00e9s (par exemple, le lait, la viande, les fruits et l\u00e9gumes emball\u00e9s), soit sont ensuite utilis\u00e9s dans une transformation ult\u00e9rieure \u00e0 valeur ajout\u00e9e pour cr\u00e9er d&#039;autres produits (par exemple, huiles, farines, prot\u00e9ines extraites). La plupart des aliments que nous consommons doivent \u00eatre transform\u00e9s d\u2019une mani\u00e8re ou d\u2019une autre avant d\u2019\u00eatre consomm\u00e9s. Pour prendre un exemple simple : le bl\u00e9 doit \u00eatre cultiv\u00e9, r\u00e9colt\u00e9, class\u00e9 (inspect\u00e9 et \u00e9valu\u00e9 pour sa qualit\u00e9), nettoy\u00e9, s\u00e9ch\u00e9, moulu, emball\u00e9 et exp\u00e9di\u00e9 avant de pouvoir \u00eatre utilis\u00e9 pour fabriquer des produits alimentaires tels que du pain.<\/p>\n<p>Le stockage et la logistique jouent \u00e9galement un r\u00f4le fondamental tout au long du processus, garantissant que les produits alimentaires sont conserv\u00e9s en toute s\u00e9curit\u00e9, disponibles \u00e0 l&#039;utilisation et capables d&#039;\u00eatre achemin\u00e9s efficacement vers le prochain acheteur ou consommateur. Le stockage et les \u00e9l\u00e9vateurs de c\u00e9r\u00e9ales, les terminaux, les entrep\u00f4ts, les installations de stockage frigorifique et de transbordement, ainsi que les prestataires de transport tiers (y compris les camions et les chemins de fer) sont quelques exemples notables de services et d&#039;infrastructures suppl\u00e9mentaires n\u00e9cessaires pour que les produits alimentaires parviennent finalement aux consommateurs finaux. Ces fonctions sont essentielles pour garantir que les produits alimentaires canadiens puissent atteindre de mani\u00e8re fiable les march\u00e9s finaux nationaux et internationaux. Le Canada est notamment un important exportateur de produits alimentaires vers des pays du monde entier et devrait jouer un r\u00f4le de plus en plus important \u00e0 mesure que le changement climatique continue d\u2019affecter les endroits o\u00f9 les aliments sont produits dans le monde au cours des prochaines d\u00e9cennies.<\/p>\n<p>\u00c0 l\u2019extr\u00e9mit\u00e9 de la cha\u00eene de valeur se trouvent la distribution et la vente au d\u00e9tail de produits alimentaires, ainsi que le secteur de la restauration. Les grossistes, les \u00e9piceries, les d\u00e9taillants diversifi\u00e9s, les d\u00e9panneurs, les d\u00e9taillants sp\u00e9cialis\u00e9s et les restaurants repr\u00e9sentent les points de contact les plus fr\u00e9quents et les plus constants qu&#039;ont de nombreux Canadiens avec la cha\u00eene de valeur agro-industrielle.\u00a0<strong><em>Aper\u00e7u de la cha\u00eene de valeur de l&#039;agro-entreprise canadienne<\/em><\/strong>\u00a0<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-33925 lazyload\" data-src=\"https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1.png\" alt=\"\" width=\"4141\" height=\"1000\" data-srcset=\"https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1.png 4141w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-300x72.png 300w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-1024x247.png 1024w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-768x185.png 768w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-1536x371.png 1536w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-2048x495.png 2048w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-1080x261.png 1080w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-1280x309.png 1280w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-980x237.png 980w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Agri-Business-Value-Chain-1-480x116.png 480w\" data-sizes=\"(max-width: 4141px) 100vw, 4141px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 4141px; --smush-placeholder-aspect-ratio: 4141\/1000;\" \/><\/p>\n<h5>\u00a0<\/h5>\n<h5>La production alimentaire : une puissance \u00e9conomique canadienne<\/h5>\n<p>Canada&#8217;s agriculture and agri-food processing sector is a major driver of our country&#8217;s economy in terms of production value, job creation, and international trade. Canada&#8217;s most recent Census of Agriculture reported that there were nearly 190,000 farms across the country as of 2021 which collectively employed 241,500 individuals<sup><a id=\"Q1top2\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note2\">(2)<\/a><\/sup>. Primary agriculture also generated approximately C$32 billion, or 1.6%, of Canada&#8217;s gross domestic product (GDP) for the year<sup><a id=\"Q1top2\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note2\">(2)<\/a><\/sup>. Le recensement a \u00e9galement indiqu\u00e9 que les recettes agricoles totales ont atteint un montant stup\u00e9fiant de 83,2 milliards C$ pour l&#039;ann\u00e9e, dont 57% (47,3 milliards C$) ont \u00e9t\u00e9 attribu\u00e9s aux cultures et 36% ($30,0 milliards) ont \u00e9t\u00e9 attribu\u00e9s au b\u00e9tail et aux produits de l&#039;\u00e9levage, avec la part restante \u00e9tant constitu\u00e9e de paiements directs<sup><a id=\"Q1top3\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note3\">(3)<\/a><\/sup>.<\/p>\n<p>Food and beverage processing was also a major source of production value and Canadian jobs in 2021, having generated C$33 billion, or 1.7%, of Canada&#8217;s GDP for the year and employing over 300,000 individuals<sup><a id=\"Q1top2\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note2\">(2)<\/a><\/sup>. La transformation des aliments et des boissons repr\u00e9sentait \u00e9galement la plus grande industrie manufacturi\u00e8re au Canada en 2021, repr\u00e9sentant pr\u00e8s de 18% de tout le PIB li\u00e9 \u00e0 la fabrication pour l&#039;ann\u00e9e.<sup><a id=\"Q1top2\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note2\">(2)<\/a><\/sup>. Il est int\u00e9ressant de noter qu&#039;environ 701 TP3T de tous les produits alimentaires et boissons transform\u00e9s vendus au Canada ont \u00e9t\u00e9 fabriqu\u00e9s par des producteurs nationaux en 2021, la moiti\u00e9 des produits import\u00e9s ayant \u00e9t\u00e9 fabriqu\u00e9s aux \u00c9tats-Unis et le reste des produits import\u00e9s provenant d&#039;autres pays du monde.<\/p>\n<p>The economic importance of Canadian farming and food processing is further underscored when we look more closely at international trade. In 2020, the total trade value of all of Canada&#8217;s exports reached C$370.8 billion dollars, of which C$56.9 billion or 15.3% was attributed to collectively to vegetable products (C$24.5 billion \/ 6.6%), foodstuffs (16.3 billion \/ 4.4%), animal products including meat, cheese, eggs, and milk (C$12.5 billion \/ 3.4%), and animal and vegetable by-products including oils (C$3.5 billon \/ 0.9%).\u00a0<\/p>\n<p><strong><em>Exportations canadiennes par type de produit, 2020<\/em><\/strong><sup><a id=\"Q1top4\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note4\">(4)<\/a><\/sup>\u00a0<img decoding=\"async\" class=\"alignnone size-full wp-image-33926 lazyload\" data-src=\"https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1.png\" alt=\"\" width=\"3560\" height=\"2470\" data-srcset=\"https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1.png 3560w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-300x208.png 300w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-1024x710.png 1024w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-768x533.png 768w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-1536x1066.png 1536w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-2048x1421.png 2048w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-1080x749.png 1080w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-1280x888.png 1280w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-980x680.png 980w, https:\/\/bonnefield.com\/wp-content\/uploads\/2022\/12\/Canadian-Exports-by-Trade-Value-1-480x333.png 480w\" data-sizes=\"(max-width: 3560px) 100vw, 3560px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 3560px; --smush-placeholder-aspect-ratio: 3560\/2470;\" \/>\u00a0<\/p>\n<p>Comme nous l&#039;avons vu ci-dessus, la valeur commerciale globale des exportations alimentaires canadiennes rivalisait avec la valeur des exportations de plusieurs autres secteurs de ressources naturelles, notamment le p\u00e9trole et le gaz et l&#039;extraction de min\u00e9raux et de m\u00e9taux, ainsi que les exportations d&#039;automobiles, d&#039;avions et d&#039;\u00e9quipement de locomotive.<\/p>\n<p>The strength of Canada&#8217;s agri-business sector relies on a functional, efficient value chain that extends from primary food production through to distribution, whether to domestic or international end markets. As discussed in Bonnefield&#8217;s most recent White Paper exploring the effects of climate change on global agriculture, we believe that Canadian food production will prove to be increasingly important over the near- to mid-term as the effects of climate change begin to affect food production elsewhere in the world.<\/p>\n<p>Alors que la production canadienne de certains produits alimentaires, comme les cultures, les fruits et les l\u00e9gumes, est appel\u00e9e \u00e0 augmenter en raison des changements favorables des conditions climatiques au cours des prochaines d\u00e9cennies, nous croyons qu&#039;un investissement majeur dans l&#039;augmentation de la capacit\u00e9 et de la technologie de transformation, ainsi que dans les infrastructures de stockage et de transport, sera \u00e9galement n\u00e9cessaire lorsque nous envisageons l\u2019avenir.<\/p>\n<h5>Un besoin de capitaux\u2026<\/h5>\n<p>According to a 2018 study conducted by Canada&#8217;s Economic Strategy Tables discussing the state and goals of the country&#8217;s agri-food sector, Canada had 11,499 food and beverage processing establishments in 2017 of which 94.4% were small operations with fewer than 99 employees<sup><a id=\"Q1top5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note5\">(5)<\/a><\/sup>. De plus, les investissements en capital dans l&#039;industrie de la transformation alimentaire, particuli\u00e8rement en machines et \u00e9quipements, en pourcentage des ventes ont diminu\u00e9, passant de 2,31 TP3T en 1998 \u00e0 seulement 1,21 TP3T en 2016, et les d\u00e9penses en R&amp;D dans le secteur agroalimentaire canadien en pourcentage des ventes ont diminu\u00e9 de 24% entre 2008 et 2016<sup><a id=\"Q1top5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note5\">(5)<\/a><\/sup>. This suggests that there has been a sustained under-investment in Canada&#8217;s food and beverage processing industry that needs to be addressed.<\/p>\n<p>Enfin, le rapport indique que les investissements r\u00e9alis\u00e9s dans l&#039;innovation en mati\u00e8re de transformation alimentaire ont \u00e9t\u00e9 fragment\u00e9s entre les \u00e9tablissements d&#039;enseignement, les centres de technologie alimentaire, les centres de recherche et les incubateurs locaux.<sup><a id=\"Q1top5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note5\">(5)<\/a><\/sup>. Bien que ces organisations jouent un r\u00f4le essentiel en termes de recherche, leur capacit\u00e9 \u00e0 parvenir \u00e0 une commercialisation \u00e0 grande \u00e9chelle est intentionnellement limit\u00e9e.<sup><a id=\"Q1top5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note5\">(5)<\/a><\/sup>.<\/p>\n<p>Tout comme nous avons constat\u00e9 le besoin de sources alternatives de financement dans le secteur agricole il y a plus de dix ans, Bonnefield reconna\u00eet que les entreprises agroalimentaires canadiennes dans leur ensemble sont \u00e9galement limit\u00e9es dans leur acc\u00e8s aux sources de capital. Ces entreprises op\u00e8rent souvent dans des secteurs li\u00e9s \u00e0 la fabrication et \u00e0 forte intensit\u00e9 de capital. Ils ont besoin de machines, d\u2019installations et de technologies \u2013 dont l\u2019acquisition et la mise en \u0153uvre n\u00e9cessitent des fonds importants \u2013 pour \u00eatre comp\u00e9titifs et assurer leur croissance. Les pr\u00eats par emprunt traditionnels apportent un soutien significatif \u00e0 ces op\u00e9rateurs, mais les formes de financement compl\u00e9mentaires, sp\u00e9cifiques \u00e0 l&#039;industrie, font d\u00e9faut sur le march\u00e9 canadien.<\/p>\n<h5>\u2026 et une th\u00e8se d\u2019investissement attractive<\/h5>\n<p>Pour ceux qui cherchent \u00e0 se familiariser avec les caract\u00e9ristiques attrayantes du secteur agricole en mati\u00e8re d\u2019investissement, l\u2019investissement dans les entreprises agroalimentaires canadiennes constitue une option int\u00e9ressante. Non seulement il existe une demande pour des investissements accrus dans le secteur, mais le Canada offre en particulier une dynamique unique et attrayante.\u00a0<em>Diversification:<\/em>\u00a0En termes de cultures agricoles, le Canada b\u00e9n\u00e9ficie d&#039;un paysage g\u00e9ographique, de types de sols et de conditions climatiques \u00e0 travers le pays qui se traduisent par des conditions de croissance propices \u00e0 diff\u00e9rents types de cultures sur une base r\u00e9gionale et localis\u00e9e. Par exemple, les agriculteurs du Nouveau-Brunswick ont acc\u00e8s \u00e0 des terres capables de produire des pommes de terre, tandis que les agriculteurs des Prairies disposent de terres agricoles et de conditions m\u00e9t\u00e9orologiques mieux adapt\u00e9es \u00e0 la culture en rangs. Il en va de m\u00eame pour d\u2019autres produits agricoles, tels que les produits laitiers, les fruits de mer sauvages et d\u2019\u00e9levage et le b\u00e9tail. Compte tenu de la diversit\u00e9 de la production agricole \u00e0 travers le pays, il existe de nombreuses opportunit\u00e9s uniques pour les entreprises situ\u00e9es plus loin dans la cha\u00eene de valeur d&#039;ajouter de la valeur gr\u00e2ce \u00e0 la transformation, \u00e0 l&#039;emballage, au stockage et au transport des produits agricoles canadiens. Nous pensons que cette diversification inh\u00e9rente donne naissance \u00e0 une myriade d\u2019opportunit\u00e9s pour les investisseurs cherchant \u00e0 d\u00e9ployer des capitaux dans ce secteur.\u00a0<\/p>\n<p><em>Demande de produits canadiens\u00a0:<\/em>\u00a0Canada&#8217;s reputation for outstanding food product safety and quality is world-renowned<sup><a id=\"Q1top5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note5\">(5)<\/a><\/sup>. An increasing consumer focus on food nutrition and safety, combined with a growing global population and a changing climate-driven shift in where the world&#8217;s food will be produced in the future provides a strong rationale to support the thesis that demand for Canadian-made food products will likely continue to grow over the coming decades. To meet this demand, the entire value chain \u2013 from primary producers to processors and distributors \u2013 will need to grow. Naturally, we anticipate that this will create compelling opportunities to invest in Canada&#8217;s agri-business sector, particularly around achieving scale and innovating for the future.\u00a0<\/p>\n<p><em>Environnement r\u00e9glementaire favorable\u00a0:\u00a0<\/em>The Canadian agri-business sector also benefits from a regulatory environment that seeks not only to support existing industry participants, but to grow the industry over the long-term. One example of this is the Canadian Agricultural Partnership (&#8220;CAP&#8221;) \u2013 a five-year joint investment program through which Canadian federal, provincial, and territorial governments will invest C$3 billion between 2018 and 2023 to strengthen and growth the agriculture and agri-food sector<sup><a id=\"Q1top6\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note6\">(6)<\/a><\/sup>. Le CAP englobe des initiatives, des programmes et des financements ax\u00e9s sur la croissance du commerce et l&#039;expansion des march\u00e9s, l&#039;innovation et la croissance durable, ainsi que sur le soutien \u00e0 la diversit\u00e9.<sup><a id=\"Q1top6\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1note6\">(6)<\/a><\/sup>. Though this is one of many examples of Canada&#8217;s long-term practice of providing governmental support for the agriculture and agri-business industry, it still stands that the sector has seen a lack of investment in recent decades.<\/p>\n<h5>Le r\u00f4le de Bonnefield<\/h5>\n<p>As Canada&#8217;s leading provider of supportive, flexible sale-leaseback financing solutions for Canadian farmers, Bonnefield has heard time and again from our farmers and network of business partners that there is a distinct need for investment in the Canadian agri-business value chain beyond the farm gate. The launch of the Bonnefield Integrated Agriculture Fund is a major milestone for our firm that represents an opportunity to further expand our presence as a partner in agriculture by supporting leading Canadian agri-business operators. We are excited about this evolution and look forward to contributing to the ongoing strengthening and growth of Canada&#8217;s agricultural industry.<\/p>\n<h6>\u00c0 propos de Bonnefield Financi\u00e8re<\/h6>\n<p>Bonnefield is the foremost provider of land-lease financing for farmers in Canada. Bonnefield is dedicated to preserving farmland for farming, and the firm partners with growth-oriented farmers to provide farmland leasing solutions to help them grow, reduce debt, and finance retirement and succession. The firm&#8217;s investors are individuals and institutional investors who are committed to the long term future of Canadian agriculture.\u00a0<a href=\"https:\/\/bonnefield.com\/fr\/\">www.bonnefield.com<\/a><\/p>\n<h6>Sources:<\/h6>\n<p><a id=\"Q1note1\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top1\">(1)<\/a>\u00a0<a href=\"https:\/\/agriculture.canada.ca\/en\/canadas-agriculture-sectors\/overview-canadas-agriculture-and-agri-food-sector\">Agriculture &amp; Agri-Food Canada. Overview of Canada&#8217;s Agriculture &amp; Agri-Food Sector<\/a>\u00a0<a id=\"Q1note2\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top2\">(2)<\/a>\u00a0<a href=\"https:\/\/agriculture.canada.ca\/sites\/default\/files\/documents\/2022-07\/Sector%20Overview%20-%20Sector%20%282022%29%20EN.pdf\">Agriculture et Agroalimentaire Canada (2022) Aper\u00e7u du secteur\u00a0<\/a><a id=\"Q1note3\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top3\">(3)<\/a>\u00a0<a href=\"https:\/\/www150.statcan.gc.ca\/t1\/tbl1\/en\/tv.action?pid=3210004501\">Statistique Canada (2022). Tableau 32-10-0045-01 Recettes mon\u00e9taires agricoles, annuelles (x 1\u00a0000)<\/a>\u00a0<a id=\"Q1note4\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top4\">(4)<\/a>\u00a0<a href=\"https:\/\/oec.world\/en\/profile\/country\/can\">Observatoire de la complexit\u00e9 \u00e9conomique (2022). Profils de pays\u00a0: Canada, exportations (2020)<\/a>\u00a0<a id=\"Q1note5\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top5\">(5)<\/a>\u00a0<a href=\"https:\/\/ised-isde.canada.ca\/site\/economic-strategy-tables\/en\/report-2018\/report-canadas-economic-strategy-tables-agri-food#fn3\">Government of Canada via Innovation and Economic Development Canada (2018) Report of Canada&#8217;s Economic Strategy Tables: Agri-food<\/a>\u00a0<a id=\"Q1note6\" href=\"https:\/\/bonnefield.com\/wp-admin\/post.php?post=33923&amp;action=edit#Q1top6\">(6)<\/a>\u00a0<a href=\"https:\/\/agriculture.canada.ca\/en\/about-our-department\/key-departmental-initiatives\/canadian-agricultural-partnership\">Agriculture et Agroalimentaire Canada. Partenariat canadien pour l&#039;agriculture\u00a0<\/a>\u00a0\u00a0<sup>This document is for information purposes only and does not constitute an offer or solicitation to buy or sell any securities in any jurisdiction in which an offer or solicitation is not authorized. Any such offer is made only pursuant to relevant offering documents and subscription agreements. Bonnefield funds (the &#8220;Funds&#8221;) are currently only open to investors who meet certain eligibility requirements. The Funds will not be approved or disapproved by any securities regulatory authority. Prospective investors should rely solely on the Funds&#8217; offering documents which outline the risk factors in making a decision to invest. No representations or warranties of any kind are intended or should be inferred with respect to the economic return or the tax consequences from an investment in the Funds. The Funds are intended for sophisticated investors who can accept the risks associated with such an investment including a substantial or complete loss of their investment.<\/sup><\/p>","protected":false},"excerpt":{"rendered":"<p>Bonnefield has always been a strong supporter of Canadian agriculture. For over a decade we have worked with farmers across the country to grow their operations, transition to the next generation, or stabilize and strengthen their balance sheets through a flexible land-based capital solution.<\/p>","protected":false},"author":252,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[236],"tags":[],"class_list":["post-33923","post","type-post","status-publish","format-standard","hentry","category-quarterly-newsletters-insights"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Q4 2022 - Investing in Canadian Agri-Business - Bonnefield<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonnefield.com\/fr\/news\/bonnefield-newsletter-q4-2022\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q4 2022 - Investing in Canadian Agri-Business - Bonnefield\" \/>\n<meta property=\"og:description\" content=\"Bonnefield has always been a strong supporter of Canadian agriculture. 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