Created on 3/22/2016 6:32:20 PM
Innovation, Tariff Relief and Food Safety Highlighted in Federal Budget
Ottawa – Food & Consumer Products of Canada (FCPC) is very pleased that the federal government has recognized the importance of innovation and manufacturing to Canada’s future economic success – in highlighting them as central themes in the Federal Budget, released earlier today.
As importantly, the 2016 federal budget recognizes that the food manufacturing sector is the largest manufacturing employer in Canada and an important contributor to the economy. This is significant as the sector employs 300,000 Canadians from coast to coast and contributes nearly $29 billion annually to Canada’s GDP – more than the automotive and aerospace sectors combined.
FCPC is also very pleased with the government’s intention to reduce tariffs on imported ingredients used by Canadian food manufacturers, and additional investments of $38.5 million over two years toward improving food safety in Canada.
The importance of the consumer packaged goods manufacturing sector to Canada’s economy and communities was specifically highlighted by the Hon. Navdeep Bains, Minister of Innovation, Science and Economic Development, when he spoke at an FCPC reception last month, inviting our industry to engage with him on the Innovation Agenda.
We look forward to continuing to work in close collaboration with the government as it works to grow Canada’s manufacturing sector for the future.
- Carla Ventin, Vice-President, Federal Government Affairs, FCPC
For more information:
Director of Communications & Marketing
Food & Consumer Products of Canada