NewsBusinessOntario Opens New Pandemic Investment Stream for Food Processing

Ontario Opens New Pandemic Investment Stream for Food Processing

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Food and beverage processors in Ontario will have access to up to $6 million in funding from the provincial and federal governments for projects to improve their operations, the Ontario government says in an August 5 news release. This money will allow processors to increase their competitive edge and adapt to challenges in the post pandemic world.

“Our processors have risen to the challenges caused by the COVID-19 pandemic,” Marie-Claude Bibeau, federal minister of agriculture and agri-food, says in the release. “We are confident this investment will help them make their businesses stronger and improve food safety during these challenging times.

Applications for the program will be accepted in two phases, the release says. Starting on August 5 applications open for the first phase under the Canadian Agricultural Partnership to support projects which will enhance economic development and food safety. The second phase opening in September will be for projects focused on labour productivity, efficiency and waste reduction.

This latest funding builds on previous supports launched for Ontario’s food processing and agri-food sector throughout the pandemic.

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