Province helping Alberta agri-food businesses
Alberta’s government says it is providing better access to space and expertise for start-ups and established food processing businesses to grow their business.
Government officials say Alberta’s agriculture industry is important to the province’s economy, accounting for more than $16.2 billion in exports in 2022. The province’s agri-food processing industry is said to be growing, with food manufacturing sales reaching a record $22.7 billion in 2022, more than 20 per cent of total provincial manufacturing sales.
The government says it is ensuring the industry continues to grow by expanding the Leduc food centre’s Agrivalue Processing Business Incubator (APBI) by 2,300 square metres. This expansion is expected to allow more food processing companies to take the next steps to grow their business and put more food on tables around the world.
“Alberta’s food industry is known for its affordable, high-quality products that are helping to feed the world,” says RJ Sigurdson, Minister of Agriculture and Irrigation. “This expansion is a great step in helping Alberta’s agri-food sector continue to grow. When our agri-food industry thrives, it drives innovation and boosts Alberta’s economy.”