Canada and B.C. fund agrifood innovation and sustainability
“British Columbia has a strong agricultural sector, with the potential to grow even more,” said Minister Ritz. “Through Growing Forward 2, we are investing in opportunities to enhance research and development and increase production and export capacities. B.C.’s agriculture and agri-food sector will be well positioned to maximize new opportunities our Government is achieving, such as the recently announced market access in the EU.”
“The GF2 Agreement is about ensuring our B.C. agriculture sector is using the latest knowledge and technology,” said Pimm. “The experience they will gain from these projects will help the whole sector compete internationally and maximize the potential of the increasing demand for high-quality food.”
The five-year GF2 policy framework came into effect on April 1, 2013, and provides a $3 billion federal, provincial and territorial government investment in innovation, competitiveness and market development.
The framework includes $2 billion cost-shared on a 60:40 basis for programs delivered by provinces and territories, as well as $1 billion for federal-only strategic initiatives.
The BC Jobs Plan’s Agrifoods Strategy clearly states how innovation and improved competitiveness will help the agriculture sector become a $14-billion-a-year industry by 2017.
For more information on federal GF2 programs, visit www.agr.gc.ca/GrowingForward2