The Western Producer: More ag investment urged
February 23, 2024 —
Canada must strengthen its public and private funding for research and development of innovation in the agri-food industry if the sector is to remain competitive with rival exporting nations, warned an expert.
Public funding for such innovation in Canada has fallen to seventh in the world at 0.046 percent of gross domestic product, down from 0.1 percent, said Jared Carlberg, professor of agribusiness and agricultural economics at the University of Manitoba.