EY analysis for Protein Industries Canada says shifting 10% of crop exports to domestic processing adds $5.4 billion GDP
Bitget2026/09/22 14:45- Protein Industries Canada released EY modelling that shifting 10% of raw crop exports into domestic processing could add CAD 5.4 billion GDP.
- Analysis estimates CAD 7.9 billion in additional food manufacturing output, about 34,000 full-time-equivalent jobs, CAD 1.1 billion in government revenue.
- Study frames the gains as aligned with Canada’s National Food Security Strategy push to expand domestic food processing capacity.
- EY forecast sees global ingredient-processing market rising to USD 801.9 billion by 2040 from USD 436 billion in 2025.
- Canada’s potential ingredient-processing market estimated at about USD 42.1 billion under the forecast.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oil and gas equipment manufacturer VME Companies (VME.US) sets IPO price at $4-$5 per share, plans to raise $18 million
VME Companies, a supplier of offshore oil and gas facility process modules and separation equipment, announced the terms of its IPO on Tuesday.
Wall Street veteran who warned of previous financial crises sounds the bubble alarm: US stock valuations, leverage, and positions are at their most extreme levels in 40 years of industry experience.
David Rosenberg has warned that this is the most tense market in his 40-year career.
Japanese stocks closed down 0.05%, marking five consecutive losses.
Morgan Stanley raises Unity's target price to $55
Crypto prices
More
