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Updated: Dec 15, 2023

It will come as no surprise that Nunavut, Canada’s coldest region and among the world’s most inhospitable, has exactly zero farms. And yet, according to the Government of Canada, Nunavut appears to have a future in sustainable agriculture.


Earlier this year, the federal agriculture bureau handed out just over $3 million to the territory’s economic-development agency under a program known as the Sustainable Canadian Agricultural Partnership ("Sustainable CAP"), which aims to “to strengthen the competitiveness, innovation, and resiliency of the agriculture, agri‐food and agri‐based products sector.”


A spokesperson for Agriculture and Agri-Food Canada (AAFC) said the program's "framework supports initiatives and activities across the entire food system – not just for farms. This can include action to support food security and Indigenous food systems, and a full range of food production activities, including wild food harvesting."


Sustainable CAP, the spokesperson said, "seeks to advance...priorities that will increase the competitiveness, innovation and resilience of the agriculture sector, while taking into account the various regional needs from coast to coast." The money equates to about $90 for each of Nunavut's 33,330 residents, who are spread across an area about the size of Mexico. About 84% of the territory's people are Inuit.


The federal-provincial-territorial partnership recognizes that other provinces are better suited for agricultural endeavors. Ontario, whose 48,386 farms are the most of any province, received $341 million in funding from AAFC. Alberta, where 41,505 farms are located, received $304 million, and Saskatchewan, with 34,128 farms, got $291 million.


The other cold-weather territories also received funding. But they actually have farms. The Yukon, which received $5.6 million, has 88 farms, and the Northwest Territories, with eight farms, received $4.58 million.


Nunavut does have greenhouses financed in part by AAFC, and other indoor-growing facilities go back at least as far as 2013. Spinach, kale, peppers and tomatoes have been produced in this manner in Gjoa Haven, which lies above the Arctic Circle on King William Island about 1,000 kilometers north of pretty-cold Yellowknife.


According to Nunavut's travel website, the territory's warmest spot is Kugluktuk, where temperatures average -17C in April, the start of the Northern Hemisphere's growing season, and rise to 11C in July before falling to 3C in September and -7C in October, the tail end of the harvest in more temperate regions.


--HBB



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Halifax Business Blog

Updated: Dec 15, 2023

Export Development Canada, a crown corporation that provides financial support to exporters, spent between $5 million and $15 million to acquire a stake in an indoor-farming company owned in part by McCain Foods and Montreal's Desmarais family.


GoodLeaf Farms said in May of this year that it had received $78 million in debt financing from Canadian Imperial Bank of Commerce and Farm Credit Canada, a federal agency that lends to farmers. GoodLeaf also said at the time that it had received an equity investment from EDC, but did not provide details.


According to EDC, the transaction was signed on December 22, 2022, and the investment made through TruLeaf Sustainable Agriculture Ltd. EDC did not specify the percentage stake that was acquired. The investment was referred to as "support for/sale of agricultural products."


According to the Globe and Mail, the GoodLeaf investment group includes Power Sustainable Lios, a private-equity firm formed last year by the Desmarais family's Power Corp. and a former McCain Foods executive to invest in "sustainable" agriculture. GoodLeaf has "roughly 40 investors," a GoodLeaf executive told the publication allNovaScotia last year.


--HBB




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Halifax Business Blog

Updated: Dec 15, 2023

1

Real Dairy Co. of Newfoundland

$8.00 million

Type: Unconditionally repayable loan

Purpose: Establish a secondary dairy processing facility in Newfoundland and Labrador


2

Department of Industry, Energy and Technology (Newfoundland)

$5.20 million

Type: Grant

Purpose: Implementation of a Critical Minerals Geoscience and Exploration Assistance Program


3

Halifax International Security Forum (Nova Scotia)

$4.50 million

Type: Grant

Purpose: Funding support to host the 2022 Halifax International Security Forum


4, 5

Tacora Resources Inc. (Newfoundland)

$3.30 million

Type: Unconditionally repayable loan

Purpose: Add two Manganese Reduction Circuit process lines to increase capacity and efficiencies

Town of Pictou (Nova Scotia)

$3.30 million

Type: Grant

Purpose: Build infrastructure to expand the deCoste Centre's programming space


6, 7, 8, 9

Country Ribbon Inc. (Newfoundland)

$3.00 million

Type: Unconditionally repayable loan

Purpose: Adopt new advanced manufacturing technologies to meet local market requirements

Acadian Seaplants Ltd. (Nova Scotia)

$3.00 million

Type: Unconditionally repayable loan

Purpose: Acquire automated processing equipment and expand processing facility in Cornwallis

Barry Group Inc. (Newfoundland)

$3.00 million

Type: Unconditionally repayable loan

Purpose: Undertake development of an advanced manufacturing facility

Verschuren Centre (Nova Scotia)

$3.00 million

Type: Grant

Purpose: Scale industrial bioprocessing capacity


10

Superior Glove Works Ltd. (Newfoundland)

$2.53 million

Type: Unconditionally repayable loan

Purpose: Undertake development of an advanced manufacturing facility


11

Newfoundland & Labrador Association of Technology & Innovation Inc.

$2.52 million

Type: Grant

Purpose: Establish an innovation hub focused on remote operations in Newfoundland and Labrador


12

Prince Edward Island BioAlliance Inc.

$2.35 million

Type: Grant

Purpose: Support the delivery of Emergence 3.0 in Atlantic Canada


13

Prince Edward Island BioAlliance Inc.

$2.34 million

Type: Grant

Purpose: Acquire equipment for CASTL's Charlottetown biomanufacturing training facility


14, 15, 16, 17, 18

Colab Software Inc. (Newfoundland)

$2.00 million

Type: Unconditionally repayable loan

Purpose: Support and enhance business development activities to drive revenue growth

University of New Brunswick

$2.00 million

Type: Grant

Purpose: Accelerate digital skills capacity to support business and sector growth in New Brunswick

Marshall Aerospace Canada Inc. (New Brunswick)

$2.00 million

Type: Unconditionally repayable loan

Purpose: Establish an advanced manufacturing and integration facility

Moosehead Breweries Ltd. (New Brunswick)

$2.00 million

Type: Unconditionally repayable loan

Purpose: Purchase equipment to increase production capacity and efficiency

Lewis Mouldings & Wood Specialties Ltd. (Nova Scotia)

$2.00 million

Type: Unconditionally repayable loan

Purpose: Acquisition of automated manufacturing equipment


19

Universite de Moncton (Nouveau Brunswick)

$1.96 million

Type: Grant

Purpose: Strengthen the French-speaking IT workforce to meet the demands of SMEs


20

University of New Brunswick

$1.93 million

Type: Grant

Purpose: UNB CNER Phase II - Advanced Nuclear Reactors Laboratory (ANRL)


21

$1.89 million

Type: Grant

Purpose: Province of Newfoundland and Labrador ACAT Bilateral Project 2020-2023


22

Comite Organisateur du Congres Mondial Acadien (Nova Scotia)

$1.80 million

Type: Grant

Purpose: Plan and host the 2024 Acadian World Congress


23, 24

Pan American Properties Inc. (PEI)

$1.60 million

Type: Unconditionally repayable loan

Purpose: Support new four season tourism development in rural PEI.

Conseil Economique du Nouveau-Brunswick

$1.60 million

Type: Grant

Purpose: Support businesses in Francophone and Acadian communities in sustainable development


25

Notus Electronics Ltd. (Newfoundland)

$1.50 million

Type: Unconditionally repayable loan

Purpose: Undertake development of an advanced hydro-acoustics R&D/manufacturing facility

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Source: Government of Canada Portal


-HBB



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