Posted on November, 16, 2023 at 05:45 am
The Canola Council of Canada received C$9 million from the government to fund research on a sustainable and reliable supply, increase value and ensure stable and open trade for the canola sector.
This also will contribute to reducing GHG emissions, increasing carbon sequestration, improving soil and water quality, and enhancing biodiversity, officials said.
“Canola is a story of innovation, and research partnerships are critical to unlocking canola’s continued success,” said Chris Davison, president and chief executive officer of the Canola Council of Canada. “This research will help the sector address new and evolving agronomic challenges, drive further resilience and growth, and build on canola’s strong contribution as a climate solutions provider.”
Canola is Canada’s second largest acreage crop, with approximately 20 million acres produced annually. It generated C$13.7 billion in farm cash receipts in 2022.
The canola industry is investing in Canada to meet growing global demand by expanding domestic value-added crush capacity by 50% or more in the coming years.
The funding is provided through the AgriScience Program — Clusters Component, an initiative under the Sustainable Canadian Agricultural Partnership.
Source: World Grain