Canada unveils first National Food Security Strategy with £1.6bn investment

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Prime Minister Mark Carney unveils first national strategy to boost food processing, increase competition and tackle high grocery prices.

Canada will invest more than CAD$3 billion (£1.6 billion) over the next decade to expand domestic food processing, increase grocery competition and reduce reliance on imported food under its first National Food Security Strategy.

Prime Minister Mark Carney unveiled the plan as Canada seeks to address some of the highest grocery prices in the G7 while strengthening food supply chains against mounting pressures from trade disruption, geopolitical instability and climate change.

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