The Canadian government is investing $483,650 in Equine Canada to help develop key export markets with long-term potential for the sale of Canadian-bred horses and horse genetics.
Member of Parliament Ted Falk (Provencher) announced the investment on behalf of Agriculture Minister Gerry Ritz this week. The goal is to help Canadian horse breeders compete effectively and successfully in the international marketplace.
Equine Canada (EC) will lead missions to, and host visitors from Argentina, Australia, Brazil, China and South Africa. To capitalize on the large number of international visitors expected to attend the PanAm Games in Toronto in 2015, EC will also hold a PanAmerican Showcase featuring Canadian horses.
Canada and the European Union (EU) have reached an agreement in principle on a Comprehensive Economic and Trade Agreement that will significantly boost trade and investment ties. Upon entry into force, almost 94 per cent of EU agricultural tariff lines will be duty-free.
This investment is made through the Market Development stream of the Government of Canada’s AgriMarketing Program, a five-year, $341-million initiative under Growing Forward 2.
There are more than 900,000 horses in Canada. Their use for sport and leisure, tourism, breeding, food production and related industries involves one million Canadians.
The horse industry supports more than 77,000 on-farm jobs for the breeding and care of horses.
“The Government of Canada remains committed to supporting the agricultural industry through strategic investments to grow international markets. This investment will help the equine sector develop key export markets for our Canadian-bred horses to ensure the long-term sustainability of the industry,” said Ted Falk, Member of Parliament for Provencher.
Equine Canada president Michael Gallagher said the funding was another step towards ensuring the long-term sustainability of the Canadian equine industry.
“We have two main objectives: develop key export markets with long-term potential for the sale of Canadian-Bred horses and the rejuvenation of domestic demand for those horses by showcasing the wide range of opportunities available to the new generation of Canadian horse owners.”