Farms.com Home   News

New Program to Help Food Processors Recalibrate for Domestic Market

Protein Industries Canada (PIC) on Thursday announced a new $3-million program to help Canadian food and ingredient companies remain competitive in the wake of the ongoing uncertainty around trade with the US.  

The program will “support the development of new, or the reformulation of existing products, for the domestic market,” a PIC release said. 

“Now more than ever, it is vital that we support our Canadian ingredient manufacturers and food processors. Their ability to remain viable is key to Canada’s agriculture and food sector, and Canada’s domestic supply chain,” CEO of Protein Industries Canada Robert Hunter said. “This program will help our manufacturers and processors create or reformulate products for the Canadian market, using Canadian ingredients.” 

The Strengthening the Canadian Supply Chain Program will reimburse up to 75% of eligible costs to a maximum project cost of $200,000. To be eligible, projects must include at least one of the following: 

Click here to see more...

Trending Video

CFTC Chair Defends Enforcement

Video: CFTC Chair Defends Enforcement

This week, the House Agriculture Committee heard testimony from Michael Selig, the Chairman of the Commodity Futures Trading Commission. Many of the questions focused on farmer’s access to trading and pricing data, and enforcement of insider trading on prediction markets.