Alberta’s Agri-Processing Investment Tax Credit (APITC) continues to attract large-scale investment in the agri-food sector and builds on the province’s other competitive advantages.
Siwin Foods Ltd. (Siwin) has received a tax credit of just over $1.8 million through the Agri-Processing Investment Tax Credit for the completion of its Edmonton facility expansion, which saw more than $46 million invested in Alberta and created more than 100 jobs.
The project included the expansion of Siwin’s existing processing facility for dumplings, potstickers and sausages and the construction of a new facility for products like mini wontons and ginger beef.
When Canadian operations began in 2005, Siwin was producing 20,000 dumplings per hour. With the facility expansions, the company is now producing 150,000 dumplings per hour and shipping its products across North America and to Japan.
“This investment by Siwin Foods is exactly what the Agri-Processing Investment Tax Credit is designed to support — companies choosing Alberta to grow, create jobs, and expand their reach into new markets. Through our Agri Invest team, we’re providing hands-on, concierge-style support that helps businesses navigate opportunities and scale with confidence. Alberta continues to be a beacon for investment in agri-processing, offering a competitive, business-friendly environment where companies like Siwin Foods can succeed.”
RJ Sigurdson, Minister of Agriculture and Irrigation
“The Alberta Agri-Processing Tax Credit provided Siwin Foods with the confidence to expand here in Edmonton, increasing our processing capacity by 100 per cent and adding more than 100 new positions.”
Gord DeJong, vice-president, Siwin Foods Ltd.
The APITC provides a 12 per cent non-refundable, non-transferable tax credit when businesses invest $10 million or more in a project to build or expand a value-added agri-processing facility in Alberta. The tax credit is open to any food manufacturers and bio processors that add value to commodities like grains or meat or turn agricultural byproducts into new consumer or industrial goods. Up to $175 million in tax credits is available for each project.
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