Organic cranberry processor Fruit d'Or is now ready to expand production and boost exports thanks to an investment from the Government of Canada.
This investment, announced by Parliamentary Secretary Jean-Claude Poissant, on behalf of Agriculture and Agri-Food Minister, Lawrence MacAulay, has helped Fruit d'Or commission a new plant just as Canadian food processors are taking advantage of new market opportunities under the Comprehensive Economic and Trade Agreement (CETA) with the European Union which took effect September 21.
Since then, Fruit d'Or has sold around 635,000 pounds of dry fruits in Europe.
The federal government helped build this ultra-modern plant, and buy and commission new equipment and technologies thanks to over $9.3 million in funding under the AgriInnovation Program of the Growing Forward 2 Agreement.
"The government proudly supports food and beverage processors in implementing their innovative projects. With its new ultra-modern plant, Fruit d'Or is increasing the quality and nutritional value of its cranberry products, and it will boost its demand for inputs, its production and its exports, creating jobs and strengthening our economy, " Jean-Claude Poissant, Parliamentary Secretary to the Minister of Agriculture and Agri‑Food told.
Source: markets.businessinsider.com
