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By 2025, Canada will increase agricultural exports to 75 billion dollars p.a.

The Government of Canada is supporting innovation in agriculture to capitalize on growth opportunities and create jobs for Canadians. Budget 2017 sets the ambitious goal of growing Canada’s agri-food exports to $75 billion annually by 2025.

 

Promoting these initiatives, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, delivered remarks today at the opening of SIAL Canada 2017, the largest food innovation trade show in North America. Minister MacAulay was accompanied by Phil Hogan, EU Commissioner for Agriculture and Rural Development, who participated at SIAL as part of a mission to Canada to foster new business relationships in the lead up to the implementation of the Comprehensive Economic Trade Agreement (CETA).

 

Minister MacAulay highlighted the mutual benefits of CETA for the agriculture and agri-food industries in Canada and the EU. Industry estimates the historic agreement signed by Canada and the EU will expand Canada’s agri-food exports by an estimated $1.5 billion a year to the world’s largest market for food.

 

Source: the Ministry of Agriculture and Agri-Food of Canada.

 

  • Omsky Biocluster Press Service
  • 16 May 2017