Canada could add billions to its economy by processing more food. Heres what its trying

Image for article Canada could add billions to its economy by processing more food. Heres what its trying
News Source : CBC News

News Summary

  • Feds pledging major investments to grow Canada's food processing industry.
  • Canada is leaving money on the table by sending a sizable chunk of its agricultural products outside of the country for processing, then importing them back for consumption.
  • The federal government's recently-released national food security strategy notes that "despite its current size, Canada does not process nearly as much of the food that is grown or harvested in Canada as it could" Some groups, like Protein Industries Canada, estimate Canada could unlock $25 billion in annual GDP growth with the right investments, infrastructure and policy support.
Inside their demonstration plant in Benmiller, Ont.

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