Governments invest $10M to drive growth in Ontario’s meat processing sector
The governments of Canada and Ontario decided to invest up to ten million dollars through the Meat Processors Capacity Improvement Initiative to enhance the capacities of Ontario's meat processing sector plants and abattoirs.
Qualified free-standing meat plants and abattoirs can apply for funding through the Meat Processors Capacity Improvement Initiative to make short-term investments in equipment, technologies, and practices for meat handling and processing that increase efficiency, productivity, and food safety. The Sustainable Canadian Agricultural Partnership (known as Sustainable CAP) is behind this program, giving eligible applicants up to CAD 150,000 in funding.
The Canadian Agricultural Partnership (CAP) has sponsored the Meat Processors Capacity Improvement Initiative since 2020, and this action represents a continuation of those expenditures totaling more than $14 million.
The meat processing sector's Meat Processors Capacity Improvement Initiative will also cover the costs of any consulting or engineering services required during the planning stages of upcoming construction projects. Applications will be accepted from August 31st, 2023, through January 31st, 2024, or until the initiative's maximum capacity is reached, whichever comes first. Allocated project expenses may be incurred as early as July 26, 2023. Projects must be completed and all necessary equipment delivered before March 1, 2024, to qualify. After receiving this gift, the beneficiaries have until June 28, 2024, to set up the equipment.
The federal government and the governments of the provinces and territories will invest $3.5 billion over five years (2023-2028) in the Sustainable CAP to strengthen the whole competitiveness, innovation, and resilience of the agriculture, agri-food, and agri-based goods sector. This consists of $1 billion in federal initiatives and activities and almost $2.5 billion in cost-shared programs developed and carried out by the federal and provincial/territorial governments.