Progress & Prosperity:
Big Promise for Canada.
Create a Canadian food system worth billions.
Potential for Productivity
To stay competitive and boost the economy we need to invest in sectors with long term potential. That’s where our plan to bolster ingredient manufacturing and food processing comes in. This domestic food system will unlock $25 billion in GDP and thousands of jobs.
Canada is an agricultural powerhouse, but with low productivity, lagging innovation, and an increase in global competition we’re fighting for our seat at the table. Right now, we grow crops and sell the raw commodity to countries around the world, who process them and sell them back to Canadians. If we can shift our focus to manufacturing ingredients at home, we can open up domestic sales opportunities for Canadian farmers and unlock a major new market.
Promoting Food Security
The success of Canada’s agriculture system is subject to many external factors like trade disputes and global crises. Coupled with the fact we’re likely on the brink of a global food shortage – we need solutions that shield Canada from an unpredictable global environment. Keeping food processing, production, and manufacturing within our borders can create a more stable supply chain, allowing us to promote food security at home and around the world.
The potential of ingredients, food and bio-based products in Canada rivals the transformative opportunity seen in the EV industry. Just as EVs signify a sustainable evolution in transportation and an economic boon for Canada, so does ingredient manufacturing and food processing. The growth of Canada’s ingredient manufacturing sector can offer economic prosperity, reduced emissions, a strengthened food supply chain and economic resilience, all in the face of a changing global landscape.
Producing Results
The Road to $25 Billion is a roadmap for Canada’s ingredient manufacturing, food processing, and bio-products sector. It outlines the next steps required for Canada to seize this economic opportunity, strengthen its supply chain, and become a global leader in food security solutions.
This plan has all the ingredients for success.
Path Forward
Protein Industries Canada
The Road to $25 Billion is an initiative of Protein Industries Canada. Since 2018, Protein Industries Canada and industry have invested nearly half a billion dollars into innovation related to plant-based food, feed and ingredients. Protein Industries Canada along with its partners will soon announce more than $100 million in new investments within the sector.
