Markets and trade
 

Detail

Area
Canada
Commodity Group
Oilseeds, oils and meals
Commodity
Soybean and rapeseed
Date
01/01/2015
Policy Category
Production
Policy Instrument
Sector development
Description
Funded R&D activities meant to enhance the competitiveness and sustainability of the country's rapeseed and soybean industries.
Notes
Can$ 9.5 million (USD 7.6 million) of federal funding has been allocated to the Canola Council of Canada under the government’s AgriMarket Program. The new funds will support market entry and development activities aimed at increasing the consumption and value of rapeseed in domestic and overseas markets. Reportedly, this will be achieved through market research, promotion of partnerships, attending trade shows and developing recipes for rapeseed-based meals. In Manitoba, state and federal funding has been allocated for research to support the growth and sustainability of the province’s soybean sector. The research projects selected for public funding focus on (i) how fertilization, soil temperature and crop residues affect soybean emergence; (ii) effective pest control methods; and (iii) organic production. Public funding is expected to be complemented by industry funds.