Protein Industries Canada (PIC) on Thursday announced a new $3-million program to help Canadian food and ingredient companies remain competitive in the wake of the ongoing uncertainty around trade with the US.
The program will “support the development of new, or the reformulation of existing products, for the domestic market,” a PIC release said.
“Now more than ever, it is vital that we support our Canadian ingredient manufacturers and food processors. Their ability to remain viable is key to Canada’s agriculture and food sector, and Canada’s domestic supply chain,” CEO of Protein Industries Canada Robert Hunter said. “This program will help our manufacturers and processors create or reformulate products for the Canadian market, using Canadian ingredients.”
The Strengthening the Canadian Supply Chain Program will reimburse up to 75% of eligible costs to a maximum project cost of $200,000. To be eligible, projects must include at least one of the following: