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Canada's food and consumer products manufacturers call federal budget a vote of confidence
OTTAWA, Mar 21, 2013, 2013 (Canada NewsWire via COMTEX) --
Canada's food and consumer product
manufacturers are encouraged by today's federal budget and are pleased
to see that the Harper government continues to recognize the value in
supporting the manufacturing industry.
Food & Consumer Products of Canada (FCPC) is pleased to see the
government extend the Accelerated Capital Cost Allowance beyond its
current 2013 expiry date. This move will help ensure our industry
continues to innovate and is better positioned to respond to a
competitive global market.
FCPC says the incentives in today's budget and the focus on skills trade
will help provide our sector with additional tools to compete in a
global marketplace and sustain and create jobs here in Canada.
We are also looking forward to working with the government as they
create a national strategy to help meet the labour needs of the
manufacturing industry, which includes the new Canada Job Grant.
QUOTES
"Today's federal budget is a vote of confidence for the manufacturing
sector. Food & Consumer Products of Canada applauds the Harper
government for its strong commitment to advancing our industry in
Canada. Investing in the dynamic consumer packaged goods manufacturing
sector is an essential step in our country's continued economic
recovery. The incentives will help companies invest in growth and
innovation and help our industry be amongst the best in the world."
-Nancy Croitoru, president & CEO, Food & Consumer Products of Canada
FACTS
-- The food and consumer products manufacturing industry employs
300,000 Canadians - the largest employer in the manufacturing
sector.
Food & Consumer Products of Canada is Canada's largest industry
association representing the companies that manufacture and distribute
the vast majority of food, beverage and consumer goods found on grocery
store shelves. Our members are all based in Canada, providing jobs to
almost 300,000 Canadians, and include small and large; multi-nationals
and Canadian-owned companies. Learn more at www.fcpc.ca
SOURCE: Food and Consumer Products of Canada
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2013/21/c7271.html
SOURCE: Food and Consumer Products of Canada
Adam Grachnik Director, Communications Food & Consumer Products of Canada (416)
510-8024 ext 2226 adamg@fcpc.ca
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