Area
Canada
Commodity Group
Oilseeds, oils and meals
Commodity
Rapeseed
Date
18/09/2018
Policy Category
Production
Policy Instrument
Sector development measures
Description
Granted state funding to the countrys Canola Council in a bid to advance growth and profitability in the rapeseed sector, focusing on the development of new and improved products.
Notes
Canadas Federal Government announced up to CAD 12.1 million (USD 9.24 million) in funding over five years to the countrys Canola Council under its Canadian Agricultural Partnership programme. The research investment, which will be complemented with CAD 8.1 million (USD 6.19 million) from the industry, is aimed at advancing the sectors growth and profitability by creating new and improved products. The focus will be on: adapting food processing techniques; exploring uses for rapeseed meal in livestock production; yield optimization; crop protection from pest; and dissemination activities. The scheme is expected to contribute to the industrys strategic plan of lifting Canadas annual rapeseed output to 26 million tonnes by the year 2025. For comparison, this years production is estimated at a record 21.3 million tonnes.