Annual Report 2023-2024

Investment Impact

In 2023-24:

17

projects contracted

$146.5M

contracted to Canada’s value-added agriculture sector

$65.4M

committed by Protein Industries Canada to contracted projects

$81.2M

committed by industry to contracted projects

Since Protein Industries Canada’s launch:

$578.5M

committed to Canada’s value-added agriculture sector

72

projects contracted

29

companies received follow-on investment

$319.3M

in follow-on investment

20,000+

media articles

10,800

direct & indirect jobs by March 31, 2031*

607

organizations involved in projects

455

reported IP assets

$15B

expected in GDP by 2031*

7

provinces with lead project partners

*for 28 projects analyzed (Fund 1)