By Harry Siemens
October 25, 2024
Excerpt from article:
Stephen Johnston, director of Veripath Farmland Funds (VFF), shared insights on farmland investments, explaining that Veripath has invested in farmland since 2007. The company now owns approximately 125,000 acres across Alberta, Saskatchewan, and Manitoba, valued at around $400 million.
Johnston highlighted the importance of farmland as a stable, long-term investment, particularly in market volatility. While Veripath focuses mainly on Alberta, Saskatchewan, and a little in Manitoba, it wants to expand into British Columbia and Ontario. The farmland investment strategy provides portfolio diversification and protection against market fluctuations, making it an appealing option for investors.
Veripath works with over 50 farming partners and follows an investment mandate spanning Canada.
Johnston explained that Veripath Farmland Funds invested in farmland due to various factors; including land availability and the view that farmland offers a stable investment opportunity.