PM Carney launches National Food Security Strategy

June 11, 2026
Toronto, Ontario

The world is changing rapidly. Trade shifts, global conflicts, and climate change are all putting growing pressure on our food and energy systems, driving up prices at home and abroad. In response, Canada’s new government is focused on what we can control: building a stronger, more independent, more resilient Canadian economy. Central to this mission is a stronger, more affordable food system.

While Canada is one of the largest exporters of agri-food products in the world, Canadians continue to face some of the highest grocery costs in the G7. There is not enough competition between grocery retailers, we are not harnessing enough technology in our agri-food sectors, and our food chains rely too heavily on foreign suppliers. We need a new strategy – for more choice, more control, and more Canada.

That’s why, today, the Prime Minister, Mark Carney, launched Canada’s first-ever National Food Security Strategy. Backed by more than $3 billion in investments over ten years, this strategy will break open the market for independent retailers, boost domestic food production, and build a stronger, more independent, and more affordable food system for all Canadians.

The strategy has four objectives:

1. Spur grocery store competition and create more choice for Canadians
   • Invest $1 billion in food infrastructure to build new and expanded food terminals and hubs – helping independent grocers buy and move competitively priced products without relying on large retail chains.
   • Provide the Competition Bureau and Competition Tribunal with nearly $130 million to investigate, prevent, and combat anti-competitive business practices.
2. Boost domestic food production across Canada
   • Launch a new $1 billion Agri-food Project Finance Fund through Farm Credit Canada (FCC) to provide seed capital financing for businesses to expand food processing capacity.
   • Establish a $150 million Food Security Fund to help small and medium-sized businesses upgrade their equipment to grow, produce, and process more food in Canada.
   • Create a $100 million Collaborative Food Innovation Fund to help producers expand agri-food processing.
3. Grow fruits and vegetables year-round
   • Invest $750 million to drastically expand year-round Canadian production of fruits and vegetables, including through greenhouses, vertical farms, and other enclosed growing spaces.
4. Cut red tape across the agricultural supply chain
   • Modernise key regulations; speed up approvals for seeds, feed, fertilizers, and veterinary products; and reduce backlogs that slow down the system to reduce the regulatory burden on farmers and producers.
   • Help provincially licensed food businesses meet federal requirements so that a Canadian product made in one province or territory can more easily reach a shelf in another.

A country’s sovereignty depends on its ability to feed itself, fuel itself, and defend itself. Canada’s new National Food Security Strategy puts Canadians back in control of what we grow, of what we buy, and of what we put on our tables. Together, we are building a stronger, more resilient, and more affordable food system for all Canadians.

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Mark Carney

Mark Carney is Canada’s 24th Prime Minister. He was elected Leader of the Liberal Party of Canada and sworn in as Prime Minister in March 2025.

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