Regina, Saskatchewan, November 10, 2011 – The Harper Government is investing in the long-term growth and competitiveness of Canada’s agricultural sector. Agriculture Minister Gerry Ritz announced today the details of the $50 million Agricultural Innovation Program (AIP) which will boost the development and commercialization of innovative new products, technologies and processes in the agricultural sector.

“This investment in the agriculture industry is money well spent as innovative farming means a competitive farm sector that can continue driving Canada’s economy,” said Minister Ritz, speaking at the midterm convention of the Saskatchewan Association of Rural Municipalities. “Whether it’s an investment in research and development or in giving Western grain farmers marketing freedom, the Harper Government is helping farmers become more competitive and profitable.”

“Our Conservative Government has a mandate to work with farmers to assist them in making their industry the most profitable and most competitive in the world,” said Brian Jean, MP for Fort McMurray – Athabasca. “The Agricultural Innovation Program will keep our farmers advancing toward that goal and the job creation that will result benefits all Canadians.”

The Agricultural Innovation Program, announced in Budget 2011 as part of the Next Phase of Canada’s Economic Action Plan, will support industry-led science and technology that bridges the gap between ideas and products in the marketplace. By helping make innovative value-added products, technologies, processes and services commercially available, the Canadian agriculture sector can create jobs, boost revenue and reduce production costs.

“Canadian companies need cutting-edge innovative value-added products and technologies to be able to compete globally,” added Minister Ritz. “This investment will help us not only encourage new innovative ideas, but also turn them into profitable opportunities for farmers and the entire agriculture sector.”

AIP is a national program but will provide support for local initiatives to help address specific pre-commercialization issues or opportunities. It builds on the Government of Canada’s success in promoting industry leadership, creating jobs, and increasing profitability in a highly competitive global economy. The investment will help leverage private sector resources, which are vital to ensuring prosperity and competitiveness of our agriculture sector.

For more information about the Agricultural Innovation Program and other AAFC programs please visit agr.gc.ca, or call 1-877-246-4682.