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Government of Canada invests in Stephenville agri-food business

(left to right) Louis MacDonald, Co-owner of M & M Farming Limited; Justin Stacey, Research and Development Coordinator at M&M Farming Limited; and Gudie Hutchings, Member of Parliament for Long Range Mountains, were in Black Duck Siding on Newfoundland and Labrador’s west coast to see the company’s new specialized equipment. The Government of Canada, through the Atlantic Canada Opportunities Agency, is providing a repayable contribution of $120,000 to help the company expand its potato farming operation into French fry production.
MP Gudie Hutchings announces $120,000 from ACOA to help M & M Farming Limited expand  
 
Stephenville, NL – Atlantic Canada Opportunities Agency – ACOA 
 
Canada’s food and beverage industry has been hit hard by COVID-19. The Government of Canada has taken significant action to help the industry through this difficult period and is committed to giving businesses the tools they need to be part of our economic recovery and emerge stronger and more competitive than before. Innovation is essential to making this a reality, which is why the government is working closely with producers and organizations to help them sustain and create jobs and increase production. 
 
MP Gudie Hutchings, Member of Parliament for Long Range Mountains, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for ACOA, today announced an investment of $120,000 to help M & M Farming Limited acquire specialized equipment to further expand the potato farming business it began last year. The company is getting French fry production equipment for its new secondary processing operation, which is expected to create two new local jobs and support four to six more seasonal jobs. 
 
Today’s announcement is further proof of the Government of Canada’s commitment to Canadian food and beverage-based businesses – helping them not just survive, but thrive. Initiatives like this will help get Canadians back to work and ensure that the food sector can play a major role in Canada’s economic recovery.
Source : Canada.ca