A Manitoba-based startup in asset management is opening new doors for investment in Canadian farmland.
TerraGen Technology Group is developing an innovative financing model to support farm expansion. “Most farmers who approach us face the same challenge: they can’t afford to buy the land they need today, but they can’t afford to lose it either,” explains Andy Wiebe, Founder of TerraGen. The company has seen interest not only from Canadian farmers across the prairies but also from those in several U.S. states and South America, all seeking alternative ways to finance their growth.
TerraGen’s model leverages private credit to give foreign investor groups exposure to Canadian farmland while adhering to Canadian ownership regulations. Currently, only Canadian citizens or permanent residents can own farmland in the prairies. By using a structured credit approach, TerraGen offers access to this valuable asset class without crossing regulatory boundaries. While their initial focus is on Canadian farm expansion, TerraGen is also exploring opportunities in other jurisdictions, including the U.S., to help farmers grow under more flexible terms.
One particularly unique project involves a rare foreign investment exemption in Saskatchewan. This exemption, currently owned by a Saskatchewan-based limited partnership, is tied exclusively to potato production. It allows the holder to acquire undervalued farmland in the province without restrictions or expiry—a compelling opportunity to build a lucrative potato enterprise in the province. TerraGen is actively seeking partners who can maximize the potential of this exemption.
For more information about TerraGen, their innovative financing model, or the Saskatchewan investment exemption, feel free to connect with Andy Wiebe on LinkedIn or via email at andy@terragentoken.io
