Agriculture Roundup for Tuesday November 8, 2022
MELFORT, Sask. – A new report by RBC said Canada’s agriculture sector needs to increase food production while also investing in sustainability to reduce emissions.
The report in collaboration with the BCG Centre for Canada’s Future and the University of Guelph’s Arrell Food Institute said Canada needs to increase its food production by a quarter by 2050 just to maintain its contribution to feeding the world’s growing population.
However, it said the sector also needs to cut emissions which currently produces 93 megatonnes in greenhouse gas emissions a year, more than 10 per cent of Canada’s output.
The report said that through technology, finance, and policy, Canada’s agriculture sector could cut up to 40 per cent of potential 2050 emissions.