Agriculture and Agri-Food Canada

Agriculture and Agri-Food Canada

September 23, 2009 18:32 ET

Government of Canada Invests to Create a More Competitive Canola Industry

SASKATOON, SASKATCHEWAN--(Marketwire - Sept. 23, 2009) - September 23, 2009 - The Government of Canada is helping canola farmers build their businesses by investing up to $6.4 million to support three projects.

"Canadian farmers are leading the world in canola production and the Government of Canada is working with them to tap international markets and get more buyers bidding on their products," said Agriculture Minister Gerry Ritz. "The projects we're announcing today will make Canada's canola industry more competitive and make sure our farmers can continue to drive our economy."

This investment will go to support three projects:

- $2.95 million will be made available through the Agri-Opportunities Program, for the BioExx project, administered by BioExtraction Inc., to support the world's first canola extraction facility for protein fit for human consumption.

- $1.7 million will be made available via the Agricultural Flexibility Fund, part of Canada's Economic Action Plan, to support Grow Canola 2.015. The project, administered by the Canola Council of Canada, will develop an innovative communication system using new web technology and social media platforms to deliver "just in time" agronomic information, research results, and agronomic updates to Canadian canola growers.

- $1.69 million from the AgriMarketing Program will go to the Canola Council of Canada to help the Canadian canola industry capture new international markets.

Funding is subject to the projects meeting all eligibility requirements and the signing of contribution agreements.

For more information on Agriculture and AgriFood Canada's (AAFC) programs visit www.agr.gc.ca.


BACKGROUNDER

Agri-Opportunities Program

The Agri-Opportunities program is a five year, $134 million program ending in March 2011 that focuses on new innovative agri-products, processes or services that are currently not commercially produced or available in Canada and that are ready to be introduced into the marketplace.

Bio-Extraction

With this investment, Bio-Extraction Inc. will be able to construct a canola protein extraction and production line in its existing canola crushing facility located in Saskatoon, Saskatchewan.

The project includes system design, equipment procurement, and installation of equipment for four new soluble canola protein concentrate and isolate products which are destined for human and animal feed markets. As many as 35 new jobs will be created over three years as a result of this project, and the project will result in the world's first commercial canola extraction facility for protein fit for human consumption.

Bio-Extraction Inc. is a Canadian company headquartered in Toronto.

AgriFlexibility Fund

The AgriFlexibility fund, part of Canada's Economic Action Plan, was created to help reduce costs of production and improve environmental sustainability for the sector; promote value-chain innovation and sectoral adaptation; and respond to emerging opportunities and market challenges for the sector.

Grow Canola 2.015 Project

The Grow Canola 2.015 project will develop an innovative communication system which will deliver "just in time" agronomic information, research results, and agronomic updates to Canadian canola growers through the use of new social media platforms.

This will help them meet the value chain's targets, increase yield, lower the cost of production, and increase their use of environmentally sustainable practices.

In the long term, the project will contribute to increasing the exports, economic activity and the number of new jobs in the canola sector.

AgriMarketing Program

The AgriMarketing program provides funding to Canadian producer, processor and exporter associations to develop and implement long term international strategies and undertake activities such as international market development, brand building and industry-to-industry trade advocacy.

Launched on April 7, 2009, AgriMarketing is an $88 million program that is part of the AAFC's Market and Trade Development under Growing Forward - Canada's new agricultural policy framework.

Profitable Production and Supply of Canadian Canola

The Canola Council of Canada aims to increase the consumption, value, quality, and market access of Canadian canola products, and to meet the demand for increased sustainability in the production of canola. The Council will use this federal investment to enhance the Canadian canola industry's ability to profitably produce and supply the world with high-quality and high-value seed, oil and meal products.

It will do so through activities such as engaging the health and food industries, conducting market research, promoting via various media outlets, and developing resource materials.

Contact Information

  • Agriculture and Agri-Food Canada
    Ottawa, Ontario
    Media Relations
    613-773-7972
    1-866-345-7972
    or
    The Office of the Honourable Gerry Ritz
    Meagan Murdoch
    Press Secretary
    613-773-1059