LRIC receives $2M funding boost from governments

The Livestock Research Innovation Corporation (LRIC) has secured a $2 million funding agreement from the governments of Canada and Ontario.

The Sustainable Canadian Agricultural Partnership (Sustainable CAP), a five-year federal-provincial-territorial initiative, will provide support for LRIC’s activities on behalf of the livestock sector for the next five years.

Lawrence MacAulay, federal Minister of Agriculture and Agri-Food, stated that this funding will drive innovation within the sector and support livestock producers and processors in maintaining a profitable, sustainable, and competitive agriculture and agri-food sector.

Lisa Thompson, Ontario Minister of Agriculture, Food and Rural Affairs, added that the funding agreement will strengthen the production capacity, resilience, and sustainability of the Ontario livestock sector.

The agreement will allow LRIC to continue its work in industry intelligence-gathering, stakeholder engagement and collaboration, providing research services, and activities supporting knowledge mobilization and Getting Research into Practice.

This funding agreement will also support the Grow Ontario Strategy to strengthen the agri-food sector, fuel economic growth, ensure an efficient, reliable, and responsive food supply, and address ongoing agri-food sector vulnerabilities through new innovations.