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Capitalism

September 25, 2020 - Calgary Herald

CANADA: Plant-based protein is the future, but Canada needs investment boost: Global Business Forum

CANADA: Plant-based protein is the future, but Canada needs investment boost: Global Business Forum
Plant-based burgersCredit: Impossible Foods

Alberta and the other Prairie provinces have the potential to become world-leading suppliers of plant-based protein, but the opportunity will be lost without major investments in technology and infrastructure, industry experts say.

At Thursday’s Global Business Forum at the Fairmont Banff Springs, guests heard from a panel of agriculture industry leaders who spoke of the role Canada could play in feeding the world in the coming decades, with the global population expected to increase to 9.8 billion by 2050.

With its abundant supply of arable land and fresh water, the ever-increasing demands of a hungry world present a huge economic opportunity for Canada, the panellists said. But they emphasized that the status quo will not be enough to get us there.“There is an opportunity to reimagine the Canadian agriculture system,” said Murad Al-Katib, president and CEO of AGT Food and Ingredients, a Canadian-based processor of pulses such as lentils, peas, chickpeas and beans.

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Calgary Herald


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