$10 million investment will build capacity and competitiveness in agri-food sector
TORONTO — The Governments of Canada and Ontario are investing up to $10 million under the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to enhance the capacity processing capabilities in the province’s meat processing plants and abattoirs through the Meat Processors Capacity Improvement Initiative.
“Ontario’s meat processing industry meets the highest standards for producing high-quality food and is constantly striving to innovate,” said Marie-Claude Bibeau, federal Minister of Agriculture and Agri-Food. “This investment will help the industry continue to grow through new productivity-improving technologies,” said Marie-Claude Bibeau, federal Minister of Agriculture and Agri-Food.
The Meat Processors Capacity Improvement Initiative will provide funding to eligible free-standing meat plants and abattoirs to make short-term investments in meat handling and processing equipment, technologies, and practices that improve efficiency, productivity, and food safety. The initiative is being funded through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) and will provide up to $150,000 per eligible applicant.
“This program is a prime example of how our government is making the right investments in the right places that have helped Ontario’s meat processing businesses,” said Lisa Thompson, Minister of Agriculture, Food and Rural Affairs. “Not only will this initiative have a positive impact for Ontario meat processors, but we’re also increasing competitiveness in a global market.”
The action builds on previous investments of over $14 million in the Meat Processors Capacity Improvement Initiative funded through the (CAP) since 2020. The Meat Processors Capacity Improvement Initiative will also cover consulting and engineering costs associated with planning future projects. Applications open on August 31, 2023, and will remain open until January 31, 2024 or until the initiative is fully subscribed, whichever comes first. Eligible project costs can be incurred as of July 26, 2023. Eligible projects must be completed with equipment delivered by March 1, 2024. Recipients will have until June 28, 2024 to have their equipment installed.
The Sustainable CAP is a five-year (2023-2028), $3.5-billion investment by federal, provincial and territorial governments to strengthen competitiveness, innovation and resiliency of the agriculture, agri‐food, and agri‐based products sector. This includes $1 billion in federal programs and activities and $2.5 billion in cost-shared programs that are designed and delivered by federal, provincial, and territorial governments.