Harper Government Announces $43,000 Investment for Canola Sector

Sep 18, 2012

Minister Ritz Gives Canadian Canola Sector a Boost

Canadian Agriculture Minister Gerry Ritz announced $43,000 in funding for the Canola Council of Canada to invest in research and a long-term strategic plan to continue to bolster profits for canola farmers. "Research and innovation are key in the success of the Canadian canola sector," said Minister Ritz. The industry will utilize the investment dollars to focus on improving canola germplasm and the development of new varieties. Canada’s canola industry contributes $15.4 billion to the economy and generated more than 228,000 jobs. Canola is also Canada’s number –one generator in farm cash receipts totalling $5.6 billion annually.

To date, the industry has been successful in oil nutrition research, mean research and production research. The investment is not only good for canola farmers but will benefit the economy as a whole. The investment was made possible through the Agriculture Innovation Program (AIP) that seeks to equip the agriculture community with the tools necessary to access cutting-edge technology.

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

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After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!

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