MIL OSI Translation. Canadian French to English –
Source: Government of Canada 1
Canada and Ontario double their investment to help the sector develop new markets
February 5, 2024 – Toronto, Ontario – Agriculture and Agri-Food Canada
The governments of Canada and Ontario are investing an additional $6 million in the Growing Ontario for Market Development initiative to help agri-businesses and industry organizations increase sales and expand markets. This brings the total funding for the initiative under the Canadian Partnership for Sustainable Agriculture to $12 million.
The Grow Ontario for Market Development initiative was launched in 2023 to provide primary producers, processors and industry organizations with cost-shared financial assistance to help them increase sales in domestic and foreign markets through market analysis and planning, new product development and marketing.
In addition to new funding for the Grow Ontario for Market Development initiative, the Ontario government has been promoting the province’s agriculture and food products beyond our borders, including a recent successful trade mission to Mexico to promote grain and bakery products.
Lisa Thompson, Minister of Agriculture, Food and Rural Affairs, led a delegation of agri-food companies and organizations to meet with the Mexican government, trade representatives and leading food companies. The meetings provided opportunities to promote the range and quality of bakery and cereal products available to Mexican buyers, and to learn more about the companies’ activities and needs.
The Sustainable BCP is a five-year (2023-2028), $3.5-billion investment by federal, provincial and territorial governments to strengthen the competitiveness, innovation and resilience of the agriculture, agri-food and agri-based products sector. This includes $1 billion in federal programs and activities, as well as a commitment of $2.5 billion, 60% of which is paid for by the federal government and 40% by the provinces and territories, for programs created and delivered by the provinces and territories.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.