Three Farmers, a company that produces various roasted bean and pulse snacks, just received a sizeable investment totalling $6.2 million between multiple investors including $3 million from Arlene Dickinson’s company, District Ventures Capital. The founded-on-the-Prairies company, led by three farmers and two sisters, embodies one vision that has been built from the ground up, quite… Read More

The Minister of Agriculture And Agri-Food Canada (AAFC), Marie-Claude Bibeau, alongside other ministers responsible for Northern Affairs, Prairies Economic Development Canada, and the Canadian Northern Economic Development Agency, have launched a new phase of the Local Food Infrastructure Fund (LFIF). The new phase includes funding up to $20 million available over the next two years…. Read More

In an effort to strengthen local food supply chains and to capitalize on the ever-growing plant-based food industry, Protein Industries Canada announced their investment into the collaboration between the food and beverage company, Oat Canada and a global leader in plant-based ingredients, Roquette. The partnership will work towards creating new dairy-alternative products which utilize oat… Read More

Originally announced in the fall 2021 budget, the $25 million Strategic Agri-Food Processing Fund Program will launch April 1, 2022. “Ontario’s food processing sector faces challenges to their ability to process more of the food that is grown in the province, including aging technology and facilities,” the government says in a press release. “Many aging food… Read More

Manitoba Agriculture Minister Derek Johnson has introduced a bill that would end the province’s single desk marketing system for table potatoes and root vegetables. Bill 12, “The Peak of the Market Reorganization Act,” would transition Peak of the Market from a non-profit regulated marketing agency into an independent company. It would also remove the requirement… Read More

Archer-Daniels-Midland Company (ADM) has released its alternative protein outlook for 2022. The findings, based on research from the company’s proprietary consumer insights platform, suggest what’s next for protein alternatives, which are expected to climb to a staggering $125 billion by 2030. New products will be heavily influenced by the seven emerging trends says ADM, including… Read More

The City of Kingston, Ont. has launched a multi-year, multi-faceted strategy for its rural and agriculture economic development. The strategy includes the hiring of Tracey Snow as rural economic and community development manager. It means the strategy will have one person, dedicated full-time to steering the projects going forward. Kingston, a city of about 135,000,… Read More

A consortium of investment firms and plant protein industry stakeholders, including Protein Industries Canada, is looking to raise $200 million in equity capital to create a fund that will help finance plant-based food and ingredient processors. Led by Bellwoods Partners and Champlin Advisory, Protein Industries Canada (PIC) says the consortium will work with an advisory… Read More

 

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