Canadian dairy cooperative, Agropur, received C$300 million ($214.62 million) in investment from a group of investors led by Quebec's public pension fund manager, Caisse said.
The investment comes amid concerns that a new Pacific trade deal would pressure the Canadian dairy industry by allowing more dairy imports amid slow-growing domestic consumption.
The Quebec investor group now has a total investment of C$770 million in Agropur, pension fund manager Caisse de dépôt et placement du Québec said in a statement on Thursday.
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