Milk is displayed at a grocery store in Philadelphia, Tuesday, July 12, 2022. The British Columbia government is spending up to $25 million toward the construction of a milk production plant aimed at boosting the supply of locally sourced food products. THE CANADIAN PRESS/AP-Matt Rourke


April 24, 2024

The British Columbia government is investing up to $25 million in the expansion of a milk production facility in Abbotsford to bolster local food supply. The initiative, set to commence this summer, targets a 50% increase in local milk production, totaling 1.4 billion litres annually.

Premier David Eby announced the project, emphasizing its potential to create approximately 100 new jobs at the site. Eby cited the challenges posed by the pandemic and recent climate events, such as the November 2021 atmospheric river, which disrupted supply chains, drove up grocery prices, and underscored the importance of local food production.

The investment aims to address food security concerns, job creation, and economic growth, particularly in light of ongoing challenges faced by families and individuals across the province. Eby stressed the broader regional impact of the investment, highlighting the potential for increased dairy quota and job creation across Western Canada.

Brenda Bailey, Minister of Jobs, Economic Development, and Innovation, emphasized the expansion's role in anchoring B.C.'s new industrial development blueprint. This blueprint focuses on fostering clean energy and sustainable industries to drive new investment, job creation, and economic opportunities statewide. By supporting local companies like Vitalus, the government aims to strengthen the food supply chain, enhance food security, and create opportunities for British Columbians.

The investment represents a strategic move to bolster local food production and address challenges exacerbated by the pandemic and climate-related events. It underscores the government's commitment to fostering economic resilience, job creation, and sustainable development in British Columbia.

In summary, the British Columbia government's investment in the expansion of a milk production facility in Abbotsford aims to increase local food supply, create jobs, and promote economic growth while addressing challenges posed by the pandemic and climate events.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Markets Brace for Turbulence and Recession Fears as Liberation Day Approaches

Investors are on edge as Liberation Day, set for April 2, nears. As the year's first quarter ends on a....

Tencent Invests €1.2B in Ubisoft Spin-Off to Expand Gaming Empire

Chinese tech giant Tencent has made a €1.2 billion ($1.25 billion) investment in a newly formed Ubisoft subsidiary, securing a....

Trump’s Auto Tariffs Hit Canada Hard: A Trade War Unfolds

The U.S. has imposed a 25% tariff on finished vehicles imported into the country, marking one of the most severe....

Quebec Budget 2025 -2026 Fights Trump Tariffs But Sinks Deeper Into Debt

Quebec's finance minister, Eric Girard, has unveiled a historic $165.8-billion budget, aiming to strengthen the province’s economy in response to....

Samsung TV Pioneer Han Jong-Hee Passed Away at 63

Samsung Electronics has lost one of its key leaders. Han Jong-Hee, the co-CEO who played a major role in shaping....

Trump Plans New Tariffs for Vehicles & Pharmaceuticals, Near Future

U.S. President Donald Trump has announced plans to impose tariffs on vehicles and pharmaceuticals, further expanding his aggressive trade policies.....

Key Business Events to Watch in Canada This Week

This week brings several major developments in the Canadian business world. From political campaigns to economic reports, here are the....

Hudson’s Bay Begins Liquidation, But Six Stores Are Spared

Hudson’s Bay, Canada’s oldest company, has received court approval to start liquidating most of its stores. The Ontario Superior Court....

U.S. Tariffs Could be an Uphill Battle for Canada’s Greenhouse Industry

A fresh wave of U.S. tariffs on Canadian imports has sent shockwaves through Canada’s greenhouse sector, which heavily depends on....

Google’s $32B Wiz Deal: A Game-Changer for Cloud Security

Google has announced its biggest-ever acquisition, agreeing to buy cybersecurity firm Wiz for $32 billion in cash. This massive deal....

PepsiCo To Acquire Poppi to Expand in Healthy Soda Market

PepsiCo announced on Monday that it will acquire the prebiotic soda brand Poppi for $1.95 billion. The move comes as....

Hudson’s Bay May Start Its Stores Liquidation As Early As Tuesday

Toronto – Hudson’s Bay, the retail giant, is battling for survival as it seeks court approval to begin liquidating its....