Carney Announces $3 Billion Food Security Strategy to Address Grocery Costs

Carney Announces $3 Billion Food Security Strategy to Address Grocery Costs
Prime Minister Mark Carney speaks as MP Sophie Chatel and Minister of Agriculture and Agri-Food Heath MacDonald stand behind during a press conference at the Ontario Food Terminal in Toronto on June 11, 2026. The Canadian Press/Arlyn McAdorey
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Prime Minister Mark Carney announced a new national food strategy that he says will help lower food prices, boost domestic food production, and reduce Canada’s dependence on imports.

The plan involves up to $3 billion in funding overall, according to Carney, including a $1 billion Food Link Fund to support new food infrastructure over the next decade, such as expanding existing terminals, starting construction on two new food terminals by the end of 2028, and setting up 40 commercial food hubs across Canada.