Innovative new equipment will help businesses operate more efficiently while meeting growing demand
Montague – Atlantic Canada has established itself as a key player within the national and global agri-food industries. Distinctive products emerging from Prince Edward Island continue to grow and strengthen this high-potential sector. The Government of Canada is investing to help three agri-food businesses in eastern PEI become more innovative, competitive and productive.
Eastern P.E.I. businesses modernizing operations and scaling up production
Lawrence McAulay, Minister of Agriculture and Agri-Food and Member of Parliament for Cardigan, announced repayable contributions totalling $990,066 through the Regional Economic Growth through Innovation (REGI) program to help three agri-food companies in eastern PEI seize new growth opportunities through process improvements, product expansion and access to new markets.
The announcement was made on behalf of Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA. With this support, Atlantic Roasted Products Inc., a locally-owned and operated animal feed roasting facility, will scale up its operations and reach new markets. Healthy Berries Ltd., a producer of one-of-a-kind superfood purees, will expand its packaging offerings so it can partner with new clients. The announced contribution will also help Machon’s Point Fishermen’s Co-operative Limited diversify operations to provide bait freezing and storing capacity to its membership.
Today’s announcement further demonstrates the Government of Canada’s commitment to strategic investments that boost momentum in Atlantic Canada’s key industries, and set the stage for a strong, sustainable future for all Canadians.
“We have all the ingredients to continue growing a competitive agriculture and agri-food sector here in Atlantic Canada. Today’s investment will make sure farmers and entrepreneurs from PEI have the tools they need to reach global markets, and that’s good news for all of us.” – Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
“The demand for Canadian food products is growing, and we’re committed to supporting businesses in the supply chain that can help meet these demands and establish new markets. These investments in innovative equipment are vitally important to ensuring our Canadian producers have a clear path to a profitable future.” – Lawrence MacAulay, Minister of Agriculture and Agri-Food and Member of Parliament for Cardigan