A message from CEO Bill Greuel

Protein Industries Canada is, by nature, a future-focused initiative. We were founded on the principle of building a better Canadian plant-protein sector, which will help build a better Canada.

Thanks to the work of our members and partners, we’re well on the way to seeing that happen. With 17 active technology projects, we’ve co-invested almost three-quarters of our allotted $153 million of federal funding; the remainder is expected to be committed this year. It’s a testament to the faith in our sector that industry has invested additional dollars in these projects. Their supporting capital brings this commitment total to more than $320 million, a significant amount that will help Canada take its first steps toward becoming a global leader in plant protein.

This investment begins to take Canadians to a positive future. One with more jobs, more food options, more innovation, and a stronger economy.

At Protein Industries Canada, we’re aiming to add 5,000 jobs to the Canadian landscape, directly and indirectly through the projects we invest in. We’re also planning to add $4.5 billion to Canada’s GDP while strengthening the plant-protein ecosystem.

We’re halfway toward meeting these targets. Already, our 17 active projects are expected to create more than direct 850 jobs, 240 new products and 46 new patents. Several of these projects have also increased Canada’s processing capacity—a positive step forward, as we know that if we process an additional 20 per cent of Canada’s crop production, we can add more than $12 billion per year to our economy.

Canada is primed to claim its position as a global leader in plant protein. We hope you’ll continue to join us on our journey to help it do so.