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Agri -Food Economic Strategy Table: Propelling the Sector Forward

Agri -Food Economic Strategy Table: Propelling the Sector Forward. February 2019. How it all started. Government of Canada created s ix Economic Strategy Tables (EST) to support innovation in potential high-growth sectors.

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Agri -Food Economic Strategy Table: Propelling the Sector Forward

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  1. Agri-Food Economic Strategy Table:Propelling the Sector Forward February 2019

  2. How it all started • Government of Canada created six Economic Strategy Tables (EST) to support innovation in potential high-growth sectors. • Agri-food sector was one of the six Tables, recognizing it as a key driver economic growth in Canada. • 15 members representing all parts of value chain from primary agriculture production to food processing and fish, seafood, and aquaculture • The Tables were tasked to: • set ambitious growth targets; • identify sector-specific challenges and “bottlenecks”; • bring forward bold ideas; and • develop an action plan to achieve these goals.

  3. Agri-Food EST Recommendations • Regulations:Rank in the top 10 among OECD countries for ease of regulatory burden by 2025. • Infrastructure:Rank in the top 10 among OECD countries in the World Bank infrastructure Index by 2025. Also, have 100% broadband coverage. • Labour and Skills:Reduce job vacancy in primary agriculture to 4% and food manufacturing to 2.2% by 2025. Increase female representation in food processing industry management to 50% by 2025.

  4. Agri-Food EST Recommendations Market Diversification • Proposal: Develop and diversify Canada’s agri-food markets. • Target: Canada will achieve $85 billion in exports and $140 billion in domestic sales by 2025.

  5. Agri-Food EST Recommendations Innovation • Proposal: Invest in innovation and boost competitiveness through increased automation and digitization. • Targets: • Canada will increase its food industry capital expenditures per dollar of sales by 50% by 2025. • Canada will double its food industry private-sector R&D expenditures by 2025.

  6. Cross-Table Recommendations

  7. Taking Action: Fall Economic Statement

  8. Next Steps • The Economic Strategy Tables are calling on industry and governments to work together, to be ambitious and innovative, and to “think big”. • The Government is continuing to review the recommendations in the final report and identify opportunities to act. • Industry has a key role in putting its efforts towards working to achieve the vision outlined by the Table.

  9. “The best way to predict the future is to create it.” -- Abraham Lincoln

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