GoodLeaf Farms, Canada's first and largest commercial indoor vertical farm operation, has closed a successful financing round that will fuel expansion of its technology-driven, innovative indoor vertical farms into Eastern and Western Canada. The $150-million capital raise includes a further investment from McCain Foods and a new partnership with Power Sustainable Lios — a specialized agri-food investor that supports operators across the food value chain in accelerating growth initiatives that foster a more sustainable and resilient food system. With this financing in place, GoodLeaf will establish a national footprint with new farms in Calgary and in the Montreal area alongside its existing fully automated, 50,000-square-foot farm in Guelph, Ont.
Canada and British Columbia invest $29.5 million in 11 projects to make B.C. communities more resilient to natural disasters
Today, the Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities, and the Honourable Mike Farnworth, British Columbia’s Minister of Public Safety and Solicitor General, announced more than $29.5 million in joint funding to reduce and mitigate the risk of floods and slide events in 11 communities across B.C. These projects are in addition to 18 other disaster mitigation-related projects that were announced last summer.