This particular European consortium has a number of participants with extensive knowhow and knowledge in food processing and marketing. The Canada - EU Free Trade Agreement ("CETA") with full access to the NAFTA (North American Free Trade Agreement) market was key in attracting the Consortium's industries to Canada. CETA allows European companies to apply their technologies, knowhow and knowledge to a much larger market than in their home territory. It also allows them to import their basic knowhow mix (mostly small volumes) and finish their process in Southwestern Ontario, making their well-established developed European product a Canadian product, qualifying for the NAFTA market.
As soon as the marketing and distribution feasibility studies are completed, the Consortium will make a formal press release and reveal their industries names to the public.
Canadian Agra Corporation is a Canadian federal company, involved for more than 30 years in the business of offering Farmland Sale & Leaseback programs to family farmers and long term farm investments through Farmland Assembly programs to absentee investors. In addition, Canadian Agra Corporation was a leader in the transition from state farms to family farms in various Republics emerging from the former Soviet Union.
For more information, please contact:
CANADIAN AGRA CORPORATION
201 Queens Avenue, Suite 800
London, Ontario, Canada N6A 1J1
Phone: +1-519-858-3000
Fax: +1-519-858-2658
E-mail: jessica.vining@canadian-agra.com
Jessica Vining
Project Assistant
Website: www.canadian-agra.com