The UPA-Fondaction Agricultural Trust has acquired a 19-hectare agricultural land in Boucherville to ensure its permanent preservation amidst urban development pressures.
Target Information
The UPA-Fondaction Agricultural Trust has acquired a 19-hectare agricultural land parcel in Boucherville, with the objective of preserving its agricultural function indefinitely. This acquisition highlights the growing need to protect agricultural landscapes amidst increasing urban development.
Despite existing laws to safeguard agricultural lands, areas surrounding Montreal are facing significant threats from further urban encroachment and non-agricultural usage. The property in question is intersected by Highway 132, connecting Boucherville to Varennes. The inclusion of this land in the UPA-Fondaction Agricultural Trust's holdings enhances its protection and future viability for agricultural activities, as stated by the Trust's president, Ms. France Perreault.
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Industry Overview in Quebec
Quebec's agricultural sector plays a crucial role in its economy, contributing significantly to the province's food security and local employment. With a rich agricultu
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Fiducie agricole UPA-Fondaction
invested in
19 hectares of agricultural land in Boucherville
in 2024
in a Other Private Equity deal