April 13, 2012

Producers in southern Ontario, Canada, will enjoy benefits from the upgrading of a local processing facility, with the support of the Canadian government.

Agriculture Minister, Gerry Ritz has announced an investment of CAD3 million (US$3.01 million) to Quality Meat Packers Limited to upgrade its processing facilities.

"Our Government is creating the conditions for growth in the hog sector which will help hog producers and processors compete on the national and international scene," said Minister Ritz.

"Our plan is clear: this Government is making strategic investments to strengthen the competitiveness of Canada's livestock sector and opportunities for producers."

"This loan allows us to invest in the modernisation of our Toronto plant that has been processing Ontario hogs for over 50 years," commented David Schwartz, president of Quality Meat Packers.

"We will enhance food safety and traceability, improve plant efficiency, and reduce operating costs through the purchase of value-added equipment."

Under Canada's Economic Action Plan, the CAD60 million (US$60.2 million) Slaughter Improvement Program made federal repayable contributions available to support sound business plans aimed at reducing costs, increasing revenues, and improving the operations of meat packing and processing facilities in Canada.