Canada to Invest $150 Million in Plant-Based Food Sector

The country aims to develop a more sustainable food system that relies on plant-based foods instead of animal agriculture.

A federal program in Canada will soon invest approximately $150 million in the country’s plant-based food industry. Canada created a $950 million Supercluster Initiative that is intended to fund innovation in the food and manufacturing sector, and a portion of that fund was secured last month in the growing area of plant-based food innovation. Frank Hart, chairman of Protein Industries Canada Group (an alliance of 120 companies working to develop plant-based foods), told CTV News Canada that the funds will go toward developing new foods from flax seeds, hemp, oats, and pulses—Western Canada’s largest crop. "It's a market that's expected to expand in a significant way,” Hart said. Pulse Canada CEO Gordon Bacon explained that consumers are increasingly interested in plant-based food. “It's a combination of a shift in processing, it's a shift in consumer awareness, and it's also a shift in cost,” Bacon said, “where meat companies (and) dairy companies are looking for plant-based protein to complement their product line. It's not one versus the other.” The shift Bacon described is evident in recent acquisitions made by Canadian companies, including meat brand Maple Foods, which acquired two plant-based brands, Field Roast and Lightlife Foods, for $120 million and $140 million, respectively.

More News

A&W Adds Vegan Beyond Burger to 925 Locations

Beyond Meat's partnership with A&W Canada will put its vegan patty on the menu at 10,000 points of distribution.
Read More »

Sweden's Top Fast-Food Chain Debuts Vegan Milkshakes

Max Burgers' new vegan milkshakes will eventually replace all dairy-based milkshakes and are part of a longer-term goal to increase the plant-based options on its menu.
Read More »

French Foie Gras Restaurant To Go Vegan

London-based fine-dining restaurant Gauthier Soho will go vegan after owner Alexis Gauthier learned of the horrors inherent in animal agriculture, particularly in foie gras production.
Read More »

Pride Toronto Adds Plant-Based Zone for Queer Vegans

Fest-goers will be treated to vegan rainbow mac and cheese, soups, salads, snacks, and beauty products, while chilling out amongst glowing palm trees in a new area dedicated to everything cruelty-free.
Read More »

52 New York Dairy Farms Lose Wholesale Contracts

Dairy suppliers cannot sell their milk as demand for dairy continues to plummet.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »