Carney Announces $3 Billion Food Security Strategy to Address Grocery Costs

Prime Minister Mark Carney announced a new national food strategy that he says will help lower food prices, boost domestic food production, and reduce Canada’s dependence on imports.
The plan involves up to $3 billion in funding overall, according to Carney, including a $1 billion Food Link Fund to support new food infrastructure over the next decade, such as expanding existing terminals, starting construction on two new food terminals by the end of 2028, and setting up 40 commercial food hubs across Canada.
“The core is to move from reliance to resilience,” Carney said June 11 from the Ontario Food Terminal, a major wholesale produce hub located in Etobicoke, Ont….