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Cash aid for processors

This article was originally published in Foodnews

CANADA's government has announced a support package worth CAN$50.0 million (US$46.0 million) for the country's agri-processors. Agriculture minister, Gerry Ritz, said the AgriProcessing Initiative (API) will deliver the money in repayable, interest-free contributions over the next five years. The money is to be used for the purchasing and installation of new equipment and technologies in plants across the country, making the industry more efficient and possibly cheaper.


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