Canadian Manufacturing

Feds invests $10M in Quebec’s agri-food industry

Financial assistance from Canada Economic Development for Quebec Regions (CED) will help businesses enhance their productivity

August 12, 2020  by CM Staff

SHERBROOKE, Que. — On Aug. 12, The Government of Canada announced contributions totalling $10,488,913 to support the agri-food industry through 27 major projects in various regions of Quebec.

“The investments announced today attest to the Government of Canada’s willingness to support economic development in Quebec’s regions by boosting the agri-food sector in its recovery efforts,” said Marie-Claude Bibeau, minister of Agriculture and Agri-Food, in a prepared statement. “In partnership with businesses, the Government is endeavouring to support regional economies and to create good well-paying jobs here in Sherbrooke and in all Quebec communities.”

According to a statement, financial assistance from Canada Economic Development for Quebec Regions (CED) will help businesses enhance their productivity, specifically through the acquisition of digital and automated equipment, the diversification of their products and services, and the modernization of their facilities.

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