The Phyto Organix plant is projected to earn an annual GDP of $120 million and create 80 jobs, while the most recent stats from the Alberta Government says the cattle industry brings over $470 million in annual GDP.
With the combined efforts of cattle and alternative proteins, Horner believes Alberta could play a big role in supplying proteins for the world.
"The world's hungry and Alberta can produce an excess of both. So we have a part to play in feeding a hungry world."
Ultimately, Horner says the Phyto Organix plant will be great for Alberta, and won't have a negative impact on cattle farmers.
"I think the world's hungry for proteins of all kinds I think that beef is a very different product (then yellow pea protein). The demand size for beef is extremely firm, and I don't see that changing."
While the plant-based protein market has seen a rapid rise in recent years, Horner sees this as a great thing for all Albertans, as he believes the interest in beef will remain strong as usual.
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