Canadian government to invest in canola marketing

- Last updated on GMT

The Canadian government has invested $1m in the marketing of canola to help the industry tap new markets and grow existing ones, said Randy Hoback, Member of Parliament for Prince Albert, Saskatchewan, at the Canola Council of Canada's (CCC) Summer Meeting.

"Canola is a great Canadian success story and our growers are responsible for producing the world's finest canola,"​ said MP Hoback. "By helping the industry enter new markets and maintain existing ones, this investment will put more money into farmers' pockets and help strengthen the entire economy."

Canola Council of Canada president JoAnne Buth said: "About 85 percent of canola grown in Canada is exported, so our marketing efforts are incredibly important to the health of our entire industry. This investment will enable us to continue to maintain and develop markets around the world. It's great news for our farmers, input suppliers, crushers and exporters."

Related topics: Markets

Related news

Follow us


View more