FCC calls for investment in Canadian food manufacturing to drive innovation

Farm Credit Canada (FCC) recently called for increased investment in Canadian food manufacturing to boost innovation and productivity, emphasizing the adoption of new technologies and cross-sector collaboration to meet growing global food demands.

“Just as steam, electricity, and the Internet propelled us to produce more with fewer inputs during previous industrial revolutions, automation, robotics, artificial intelligence, and blockchain are shaping up to do the same in food manufacturing in the fourth industrial revolution,” said Amanda Norris, FCC senior economist. “These technologies can improve output and labour efficiency, manage inventory, prevent unplanned downtime, forecast demand, track production, and ensure quality control—all opportunities to help improve productivity in Canadian food manufacturing.”

 

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