/C O R R E C T I O N -- Farm Credit Canada/

Jun 02, 2026

In the news release, $40B growth opportunity in Canada's food and beverage manufacturing sector, issued 02-Jun-2026 by Farm Credit Canada over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

$40B growth opportunity in Canada's food and beverage manufacturing sector

Achieving three per cent annual GDP growth in the Canadian food and beverage manufacturing sector over the next decade could add up to $40 billion to the national economy, create 217,000 new jobs, generate $1.3 billion in tax revenue and add $16 billion in wages and benefits for Canadians.

Reaching that potential will require increasing productivity growth through continued investment, trade diversification and innovation to strengthen the sector's long-term competitiveness, according to Farm Credit Canada's (FCC) latest report, Prospects for future productivity growth in Canadian food and beverage manufacturing.

"Productivity growth is essential to ensuring that the Canadian food and beverage manufacturing sector remains competitive globally," said Craig Klemmer, manager of Thought Leadership at FCC. "But it doesn't operate in isolation. Success depends on a broader ecosystem of investment, skilled labour and strong global market access."

The report notes that while Canada's food and beverage sector has remained resilient over the past two decades, labour productivity declined by an average of 0.5 per cent annually from 2015 to 2022. Productivity growth remains important for the sector's future prosperity, sustainability, food security, and affordability.

The report identifies four key pathways for food and beverage manufacturers to boost productivity growth:

Capital investment to support upgrades and expansion of plants and equipment;
Skills training to meet rising demand as technology evolves;
Streamlined regulations that protect public interest while reducing burden on businesses; and
Trade openness and global integration that expand markets and encourage innovation.

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Video: Root Exudates, Soil Biology, and How Plants Recruit Microbes | Field Talk Friday

Field Talk Friday | Dr. John Murphy | Root Exudates, Soil Biology, and How Plants Recruit Microbes

Most of us spend our time managing what we can see above ground—plant height, leaf color, stand counts, and yield potential. But the deeper you dig into agronomy, the more you realize that some of the most important processes driving crop performance are happening just millimeters below the surface.

In this episode of Field Talk Friday, Dr. John Murphy continues the soil biology series by diving into one of the most fascinating topics in modern agronomy: root exudates and the role they play in shaping the microbial world around plant roots.

Roots are not passive structures simply pulling nutrients out of the soil. They are active participants in the underground ecosystem. Plants constantly release compounds into the soil—sugars, amino acids, organic acids, and other molecules—that act as both energy sources and signals for soil microbes.