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Story perspectives

Canada's Foodtech Investment Lags Behind Global Rivals

3/30/2025

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Story summary
  • Dana McCauley, CEO of CFIN, asserts Canada has overlooked its food companies.
  • A report reveals Canada falls behind in foodtech investment, depending largely on public funding.
  • Public grants account for nearly one-third of investment rounds in Canada, versus 5% in the UK and 8% in the US.
  • McCauley highlights that Canada faces a "scale-up problem," rather than a startup issue.