Investing in local food manufacturer to scale operations, create jobs, and strengthen the sector in New Brunswick
The Government of Canada is committed to supporting Atlantic Canadian businesses as they expand, innovate, and create good jobs. Recently, Sai Krishna Foods marked a major milestone for the growing New Brunswick food manufacturer with the completion of its newly upgraded food production facility in Cap‑Pelé.
Today, the Honourable Dominic LeBlanc, President of the King's Privy Council for Canada and Minister responsible for Canada-U.S Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy, and Member of Parliament for Beauséjour, announced federal support to Sai Krishna Foods to expand and upgrade its production facility and acquire new equipment to accelerate its growth ($541,000, repayable).
The newly renovated Cap‑Pelé facility provides increased production capacity, improved operational efficiency, and space to support future growth. The company currently employs eight people and expects to hire additional staff in the coming months.
The Province of New Brunswick, through Opportunities New Brunswick, will provide up to $50,000 in the form a non-repayable contribution toward productivity improvements.
Today's announcement demonstrates the Government of Canada's commitment to building a stronger economy by investing in productivity, innovation, and stronger supply chains, to ensure firms have access to the support they need to adapt, modernize, and pursue new market opportunities.
The announcement was made on behalf of the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency.
