As their national emblem, it’s no wonder that the maple leaf holds a special place in the hearts of Canadians. Its maple syrup has an equally significant role in the country’s economy, which is why the Government has injected over $ 10 million in it last month.
Maple syrup is one powerhouse in terms of health benefits. With its exceptional amount of nutrients, among which some 63 antioxidants, this nectar is one of the healthiest thing that exists. Its increasing popularity is one of the reasons why the Government had no qualms in investing over $ 10 million in this industry, especially in the Northwestern part of New Brunswick.
The Government of Canada is providing repayable assistance totalling $7,719,336 through the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program while the Province of New Brunswick is investing $2,408,839. 25 projects are in progress in Kedgwick, Saint-Quentin, Saint-Joseph-de-Madawaska, St-Jacques, Saint-Basile and Val d’Amour.
Creation of additional farms
The financial support will enable the establishment of four new maple syrup farms. For the other existing businesses, upgrades will be done such as the addition of new taps, the purchase and modernization of equipment for maple sap collection and transformation. The renovation and expansion of buildings to increase efficiency and production are also on the agenda.
Cold freezing nights and warm days are needed for the sap to flow properly from the trees. This atypical climate is only found in the north eastern states and provinces of North America. New Brunswick is blessed with such weather conditions. Indeed, its location on Canada’s Atlantic coast gives this maritime province a climate, soil and forest whose combination create “a uniquely flavourful maple sap that gives New Brunswick maple syrup a taste that’s renowned around the world”.
World’s Top 3
New Brunswick is currently the third largest producer of maple syrup in the world. It produces 1.8 million kilograms of syrup every year which is sold in the province and worldwide roughly generating $12 million in annual revenue for the province. During springtime, its maple syrup industry creates approximately 2,300 full time seasonal jobs. As for the Canadian maple syrup industry at large, it produces 80% of the world’s pure maple syrup making it the leading global producer of maple products.
A stimulus to the local economy
Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA said the Government of Canada is committed to helping Canadian businesses grow, innovate and participate in a global economy so that they can create quality jobs and generate wealth for Canadians. “Today’s announcement is a good example of how we are helping businesses grow in Northern New Brunswick by supporting projects that will increase production capacity and further contribute to the local economy”.
Related articles published in The Canadian Maple Industry :
- The Federal Government invests in Maple syrup
- Maple syrup now to be classified under a new uniform grading system
Image : Shutterstock