Canadians are still facing some of the highest grocery prices in the G7, despite Canada being one of the world’s largest agri-food exporters, according to Prime Minister Mark Carney.

In response, the federal government has launched the country’s first-ever National Food Security Strategy.

The plan focuses on four key priorities:

Increasing competition among grocery chains
Including a $1 billion investment in food hubs to support independent grocers, along with nearly $130 million to crack down on anti-competitive practices.

Boosting domestic food production
Through more than $1.2 billion in funding to expand processing capacity, upgrade equipment, and grow Canada’s agri-food sector.

Expanding year-round growing
With a $750 million investment in greenhouses and other indoor growing systems.

Cutting red tape for farmers
By streamlining regulations and making it easier for products to be sold across provinces.

Carney says, “Too much of what we grow is processed elsewhere, and too many Canadians still rely on imported food at higher prices. Canadian farmers deserve more options to sell their produce, and Canadians deserve more options for where to buy their food.”

Backed by more than $3 billion over 10 years, the strategy aims to strengthen domestic production and build a more affordable, more self-sufficient food system.

Minister of Agriculture and Agri-Food Heath MacDonald says, “Through this made-in-Canada approach, we will process more of what our farmers grow here at home, creating jobs, driving economic growth, and strengthening Canada’s food self-sufficiency.”

It also builds on federal efforts already in place, including tax relief, food programs, and support for food banks, greenhouse expansion, fisheries, and accessible food in northern communities.