Food, Farming and Forestry Challenge launched
EDMONTON, AB – The Alberta government will invest $40 million in Emissions Reduction Alberta’s Food, Farming, and Forestry Challenge aimed at fast-tracking innovation in support of long-term competitiveness and stimulate growth in the critically important agriculture, agri-food and forestry sectors.
The province says projects that come out of the challenge will create jobs, attract local and international investment and open new markets.
The $40 million will come from the Technology Innovation and Emissions Reduction (TIER) Fund, which is funded by industry.
“Our foresters, farmers and ranchers have always been innovative in order to compete around the world,” said Devin Dreeshen, minister of agriculture and forestry. “Investing in additional technological advancements will help them continue to grow and create more jobs in Alberta’s largest natural resource sectors.”