The federal government will announce its 'National Food Security Strategy' investment plan in Ottawa on Monday, October 5, at 9:30 a.m. (Eastern Time). The Minister for Agriculture and Food and the Minister for Housing and Infrastructure will present together to announce investment details aimed at lowering food costs and giving consumers more choices.
- This strategy was introduced as an investment of over $3 billion over 10 years when it was announced last June, and its core involves investing $1 billion in infrastructure such as food terminals and hubs so that independent small grocery stores can compete without relying on large distribution networks.
- $750 million has been allocated to support greenhouse and hydroponic cultivation to increase year-round domestic production of fruits and vegetables, and the budget also includes support for the Competition Bureau and the Competition Court to crack down on unfair trade practices.
- Prime Minister Carney stated at the time of the announcement that food prices had risen by approximately 351 TP3T since 2019 and that he would lower the burden on the shopping basket by increasing domestic processing and distribution.
- The specific scale and schedule of the new investment will be disclosed in an announcement on October 5, so those interested should refer to the notice on the Federal Ministry of Agriculture and Food website.
Source: Agriculture and Agri-Food Canada
https://www.canada.ca/en/agriculture-agri-food/news/2026/10/the-government-of-canada-invests-in-stronger-more-resilient-and-affordable-food-distribution-systems.html
|
