Ottawa Announces $8.3M For Beef Industry Amid China Standoff

Canada’s beef industry is getting $8.3 million in federal funds, the bulk of it aimed at growing its international market reach as a trade standoff with China continues.

The money is going to six different projects, Agriculture Minister Marie-Claude Bibeau said Wednesday during a visit to the Calgary Stampede.

The biggest recipient is marketing organization Canada Beef, which is getting $5.3 million to grow sales internationally, in part by boosting foreign consumer confidence in Canada’s product.

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