Canadian Agri-Food Automation and Intelligence Network receives $50 million
Federal funding has been renewed for the Canadian Agri-Food Automation and Intelligence Network (CAAIN) to the tune of $50 million.
The money will allow CAAIN to continue its programming, which carries a primary mandate of funding the development and adoption of innovation for the purpose of increasing the productivity, profitability, and/or sustainability of Canada’s agricultural producers, a media release states.
The last six years have seen the organization commit $42 million from Innovation, Science and Economic Development Canada (ISED) to 56 projects with a total value over $133 million.
Thirty of those projects have completed their funding cycle and have successfully gone to market, proving it a viable endeavour for ISED to continue funding, officials say.