Government of Canada announces $50 million federal investment in Natural Products Canada to strengthen Canada’s agri-food sectorGovernment of Canada announces $50 million federal investment in Natural Products Canada to strengthen Canada’s agri-food sector

The Government of Canada is investing $50 million through the Strategic Response Fund into Natural Products Canada’s $94.8 million project to boost innovation in Canada's agri-food sector. The investment aims to create more than 550 jobs, generate over $1.8 billion in GDP, and establish a new capacity building fund to support investments in food-related…

The article reports that the federal government pledged $50 million to help Canadian food and bio-based technology businesses bring products to market, funded through Natural Products Canada to establish a Capacity Building Fund. This investment, announced by Federal Agriculture Minister Heath MacDonald in Charlottetown, supports domestic food…