Canada could add $5.4B to GDP by processing more of its crops at home: EY

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Postmedia has not reviewed the content. by GlobeNewswire Canada could add $5.4B to GDP by processing more of its crops at home: EYAuthor of the article:New analysis finds redirecting just 10% of raw crop exports to domestic processing could support 34,000 Canadian jobsTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountSASKATOON, SK, Sept. 22, 2026 (GLOBE NEWSWIRE) — Canada could generate up to $5.4 billion in additional GDP and support approximately 34,000 full-time-equivalent jobs by redirecting just 10 per cent of its raw crop exports to value-added processing here at home, according to new EY analysis released today by Protein Industries Canada.The findings come as the federal government has made domestic food processing a national priority through its National Food Security Strategy. The strategy calls for Canada to reduce its dependence on other countries by processing more of the food it grows and sets an explicit objective to increase domestic processing to strengthen self-sufficiency and drive economic growth.Canada already has an extraordinary foundation to build from. Its food and agriculture sector contributed $149.2 billion to GDP in 2024 and supported 2.3 million jobs, while Canada remains a leading producer of major crops including wheat, canola and corn. But too often, Canadian crops leave the country before the higher-value processing and manufacturing takes place.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“Canada is already an agricultural powerhouse. We grow some of the best crops in the world and supply global markets. The next opportunity is to capture more of the value those crops create here at home,” said Tyler Groeneveld, Chief Executive Officer of Protein Industries Canada. “This is also the kind of opportunity that can bring regions of the country together. The agricultural strengths of the Prairies, combined with capital, technology, manufacturing and expertise from across Canada, can help build something of national importance.”EY’s economic modelling estimates that redirecting just 10% of Canada’s raw crop exports to domestic value-added processing could generate:Up to $5.4 billion in additional GDP retained in Canada;$7.9 billion in additional Canadian food manufacturing output;Approximately 34,000 full-time-equivalent jobs across processing, manufacturing, logistics and supply chains; andUp to $1.1 billion in government revenues.The Market Forecast and Competitiveness Study also points to a substantial global opportunity. EY forecasts the global ingredient-processing market could grow from US$436 billion in 2025 to US$801.9 billion by 2040, with Canada’s potential market reaching approximately US$42.1 billion.The findings support Protein Industries Canada’s Make It Here campaign, which calls for food and ingredient manufacturing and value-added agriculture to be treated as national economic priorities. The campaign is focused on practical steps to unlock more domestic processing, including capital and investment de-risking, processing infrastructure, regulatory modernization, program coordination and market access.The Market Forecast and Competitiveness Study is available by contacting Protein Industries Canada.About Protein Industries CanadaProtein Industries Canada is an industry-led organization focused on growing Canada’s food production and value-added agriculture sector. We bring together companies, capital and partners to accelerate commercialization and scale domestic processing.Make It Here is Protein Industries Canada’s national campaign calling on government to treat food and ingredient manufacturing as a national economic priority and help create the conditions to scale domestic processing capacity here at home.Miranda Burski Protein Industries Canada 306-581-1340 miranda@proteinsupercluster.ca This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.