News 198 views last update:6 Aug 2012

Canada invests heavily in new flax products

The Ministry of Agriculture and Agri-Food and the Canadian Wheat Board will invest $4 million in the Flax Canada 2015 Phase II, an industry-government initiative to support the commercialization of innovative flax products into existing and new markets.

Over the next 10 years, the Flax Canada 2015 Initiative will enhance current and develop new uses for flax in four areas: human and animal health, fibre and industrial use. The goal is to increase the value of flax crops to $1.5 billion from its current value of $300 million through research, innovation and commercialization.

About flaxseed
"Flaxseed is one of the major oilseed crops in Manitoba and carries significant potential for increased demand from the food sector and consumers because of its health benefits," said Manitoba Agriculture, Food and Rural Initiatives Minister Rosann Wowchuk. "Encouraging innovation will build on this demand, increasing market value and providing a better return on investment for producers."

The Flax Canada 2015 Phase II Initiative will be managed by Flax Canada 2015 Inc., a national non-profit organization based in Winnipeg, Manitoba. The organization is a wholly owned subsidiary of the Flax Council of Canada.

Related websites:
Ministry of Agriculture and Agri-Food  
Canadian Wheat Board

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