Ontario Investing in Local Agri-Food Businesses in Mississauga-LakeshorePublished on February 05, 2020
Support for local food processors to help them grow their businesses
MISSISSAUGA – Today, Rudy Cuzzetto, MPP for Mississauga-Lakeshore, announced that Savormetrics and Ying Ying Soy Food Ltd. in Mississauga-Lakeshore have received a total of $89,400 in cost-share funding that will improve their operations so they can grow their businesses, boost the province’s economy and bring more safe, high-quality Ontario agri-food products to local and international markets.
“I'm very proud of this investment in Mississauga-Lakeshore,” said Cuzzetto, “which will help our local agri-food businesses to transition to new technologies, that will help increase productivity, enhance food safety, and ultimately lead to increased sales.”
This funding, provided through the Canadian Agricultural Partnership, will support the completion of projects in areas such as food safety, labour productivity and waste reduction.
Some local projects supported through this programming include:
- $77,000 for Savormetrics to develop a product to analyze grains, that will be able to detect and predict quality metrics necessary for quality assessment, grading, and pricing of grains; and,
- $12,400 for Ying Ying Soy Food Ltd. to hire a third-party to develop and implement the Safe Quality Food program, to help improve food safety.
In total, agri-food businesses will receive more than $6.8 million in cost-share funding to eligible farmers and agri-food businesses to complete more than 100 projects to enhance their businesses. Businesses receiving the support share costs on the projects. Factoring in funding coming from the businesses, this will represent a joint investment of more than $29 million in the sector.
“Our government is committed to making our agricultural and agri-food sector open for business,” said Ernie Hardeman, Ontario Minister of Agriculture, Food and Rural Affairs. “Investing in these projects will help our farmers succeed while boosting innovation, productivity, and competitiveness for the entire sector.”
Since June 2018, both the federal and provincial governments have committed cost-share support to more than 2,000 projects through the Partnership to help eligible Ontario farmers, processors, businesses and sector organizations innovate and grow.
MPP Rudy Cuzzetto with the Savormetrics Team
Office of Rudy Cuzzetto, MPP