134 Million Investment in Frankenfood

Just what we don’t need.  More frankenfood and more commercialization of our lives.  But I’ll bet there are some fat cats who’ll get fatter off this dropping!

134 Million Investment by Canadas New Government to Boost Commercialization of Agri-Based Innovation

WINNIPEG, Manitoba, January 23, 2007 – The Honourable Chuck Strahl, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, today announced a major investment of $134 million towards the Agri-Opportunities Program, an Agriculture and Agri-Food Canada (AAFC) program that will focus on the commercialization of new agri-based products, processes and services.

“This is just one of the steps Canada’s New Government is taking to fulfill its commitment to invest in the development of new opportunities for the Canadian agriculture and agri-food sector,” said Minister Strahl. “Agri-Opportunities will help increase the demand for primary agricultural products – grains, oilseeds and other traditional and non-traditional products – for the benefit both of farmers and of the entire agricultural sector.”

The Agri-Opportunities program will help good ideas get from the drawing board and into the market. Funding will be provided for projects that can be expected to increase market opportunities for the Canadian agricultural industry across the value chain and generate demand for primary agricultural products.

Individuals, producers, agri-businesses, cooperatives, non-profit and for-profit organizations and academia are eligible to apply for the funding, which will be delivered through contribution agreements. Maximum contribution per project and per applicant will be capped at $10 million over a five-year period.

Agri-Opportunities will be delivered nationally by AAFC in all provinces and territories.

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For more information, media may contact:

Media Relations
Agriculture and Agri-Food Canada
Ottawa, Ontario
613-759-7972
1-866-345-7972

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