The federal government is lending $567,500 to the Blumenort-based Country Meat and Sausage Ltd.
“This investment will allow Country Meat and Sausage to expand their production and pursue niche markets, giving livestock farmers more opportunities to boost their bottom line,” said Public Safety Minister Vic Toews, on behalf of Agriculture Minister Gerry Ritz April 16.
“This is one more way that Canada’s Economic Action plan is helping meat packers and processors become more innovative and competitive so that they can continue to strengthen the Canadian economy.”
Country Meat and Sausage processes hogs for distribution throughout Winnipeg and southern Manitoba. This investment will help the family-run business reduce costs, purchase equipment and upgrade its facilities to meet federal requirements. It will also enable the company to expand production of its processed meats, meals and ready-to-eat food lines they have already developed.
The federal government’s $50-million Slaughter Improvement Program, as part of Canada’s Economic Action Plan, makes interest-free federal loans available to support companies trying to reduce costs, increase revenues and improve operations in red meat packing and processing. The most recent federal budget provided an additional $10 million to the program.