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Posted March 22, 2013

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2013 Budget

Canada's food and consumer products manufacturers call federal budget a vote of confidence

OTTAWA - Canada's food and consumer product manufacturers are encouraged by the federal budget and are pleased to see that the Harper government continues to recognize the value in supporting the manufacturing industry.

Food & Consumer Products of Canada (FCPC) is pleased to see the government extend the Accelerated Capital Cost Allowance beyond its current 2013 expiry date. This move will help ensure our industry continues to innovate and is better positioned to respond to a competitive global market.

FCPC says the incentives in today's budget and the focus on skills trade will help provide our sector with additional tools to compete in a global marketplace and sustain and create jobs here in Canada.

We are also looking forward to working with the government as they create a national strategy to help meet the labour needs of the manufacturing industry, which includes the new Canada Job Grant.

"Today's federal budget is a vote of confidence for the manufacturing sector. Food & Consumer Products of Canada applauds the Harper government for its strong commitment to advancing our industry in Canada. Investing in the dynamic consumer packaged goods manufacturing sector is an essential step in our country's continued economic recovery. The incentives will help companies invest in growth and innovation and help our industry be amongst the best in the world."

- Nancy Croitoru, president & CEO, Food & Consumer Products of Canada

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