Today, Protein Industries Canada announced a $31 million investment along with Corteva Agriscience, Botaneco, Bunge, Rainfed Foods and Northeast Nutrition Inc. to increase the demand and market opportunities for high-protein canola, sunflower protein and novel oilbody products. Protein Industries Canada is investing $13.4 million, with the consortium partners investing the remainder.
This project will support the commercialization of a high-protein canola meal for use in the aquaculture, feed and food sectors as well as improve sunflower protein characteristics for a wide range of plant-based food applications. Through the development of high quality, high-protein products, Canada will improve the competitiveness and profitability of Canadian canola and sunflower in both domestic and international markets.
“Projects like this demonstrate how Protein Industries Canada and its project partners are positioning Canada as a leader in sustainable food and feed production,” said the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. “By developing higher-quality feed and food ingredients from canola and sunflower meal, and helping bring them to market, this project will foster new economic opportunities and create more jobs for Canadians.”
“Made in Canada innovations like these are vital to the continued growth and success of the sector. This investment in getting high-protein canola and sunflower meal to market will help strengthen our agricultural value chains and create new opportunities for Canadian crops,” The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food said.