Grow Ontario Market Initiative gets additional $6M

Feb 06, 2024

Toronto – The governments of Canada and Ontario are investing an additional $6 million in the Grow Ontario Market Initiative to help agri-food businesses and industry organizations expand their sales and grow their markets. The increase brings the total funding for the Initiative through the Sustainable Canadian Agricultural Partnership to $12 million.

The Grow Ontario Market Initiative was launched in 2023 to provide primary producers, food processors and industry organizations with cost-share funding to help them increase sales in domestic and foreign markets through market analysis and planning, new product development and marketing.

In addition to the new funding for the Grow Ontario Market Initiative, the Ontario government has been promoting the province’s agriculture and food products outside our borders, most recently during a successful trade mission to Mexico to promote grain and bakery products.

Lisa Thompson, Minister of Agriculture, Food and Rural Affairs, led a delegation of agri-food businesses and organizations to meet with Mexican government, trade representatives and leading food companies. The meetings provided opportunities to promote the range and quality of Ontario bakery and grain products available to Mexican buyers, and to learn more about companies’ operations and needs.

Sustainable CAP is a 5-year (2023-2028), $3.5-billion investment by federal, provincial and territorial governments to strengthen competitiveness, innovation, and resiliency of the agriculture, agri‐food and agri‐based products sector. This includes $1 billion in federal programs and activities and a $2.5 billion commitment cost-shared 60% federally and 40% provincially/territorially for programs designed and delivered by the provinces and territories.

Source : Farmersforum
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