The federal government is attempting to diversify the Canadian economy by investing in the latest research into sustainable beef.
It comes as Canadian farmers feel the impact of the escalating trade dispute between the U.S. and China and the uncertainty of the fate of NAFTA.
Minister of Agriculture Lawrence MacAulay, during a stop at the Calgary Stampede, announced $14-million would be invested in finding the best, most cost-efficient ways to produce high quality and safe beef.
“When you can increase production and cut costs it does nothing but put more money in the pockets of families,” MacAulay explains “And then beyond that, you have to open more trade opportunities and we’re doing that.”
MacAulay says Americans are our best friends and biggest customers but there are a lot of other areas in the world looking for Canadian product.