The federal and Ontario provincial government are investing up to $10 million through the Sustainable Canadian Agricultural Partnership to help food processors lower costs to make them more competitive and sustainable, a March 27 news release said.
The Agri-Food Energy Cost Savings Initiative will support projects that prioritize reducing greenhouse gas emissions by investing in new technology and equipment, including building or facility modifications.
“Our government is making substantial investments to help producers and processors reduce their energy consumption, which allows for economic and environmental advantages,” Marie-Claude Bibeau, federal minister of agriculture and agri-food, said in the release. “These projects will contribute to making the food processing sector of Ontario a more innovative and sustainable sector.”
The release noted the Agri-Food Energy Cost Savings Initiative was developed following discussions with Ontario’s food manufacturing industry and builds upon previous actions taken by the government to support the sector. Under the Agri-Food Energy Cost Savings Initiative, applicants will receive up to 20 per cent cost share for eligible costs, to a maximum of $300,000, per business. Eligible businesses can apply for support through this initiative starting on April 27, 2023.
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