Important Rural Agriculture Business Receives Government Investment

first_imgA rural poultry processing plant that has been supporting the growth of Nova Scotia’s agricultural industry for the past 65 years, will receive an investment from the province of Nova Scotia for working capital. A $3.5-million loan for ACA Co-operative Ltd. in New Minas, through the Department of Economic Development’s Industrial Expansion Fund, will help the company maintain 650 jobs with an annual payroll that exceeds $25 million annually. ACA also creates almost as many spin-off jobs. “This sole poultry processor for Nova Scotia has grown significantly over the years and continues to seek and develop new markets for its quality products,” said Economic Development Minster Angus MacIsaac. “This investment further demonstrates the province’s commitment to supporting economic growth in rural areas of the province and maintaining important jobs.” Since 1943, ACA Co-operative Ltd. has grown to include seven divisions including eggs, feed, hatchery, poultry, retail farm equipment and processing. The company operates a processing poultry meat operation, breeder barns for producing selected genetic broiler chicken crosses, chick hatchery, feed mill, table egg division and grading facility, a retail division for farm furnace and diesel fuel, farm equipment division, and an outlet store. “ACA is an integral part of Nova Scotia’s agricultural industry, which generates about $450 million in the province,” said acting Agriculture Minister, Ron Chisholm. “Along with chicken, it processes nearly all of the turkeys available in Nova Scotia and 25 per cent of our eggs, offering people the opportunity to buy local food products.” The company’s major customers include Sobeys, Co-op Atlantic, Sysco Food Service and commodity markets in Ontario and Quebec. Its annual sales exceed $110 million. “We take great pride in producing top-quality products for our customers and playing an important role in our industry,” said Sue Payne, chief executive officer of ACA Co-operative Ltd. “With this investment, we will continue to contribute to the industry and support our community.” The Industrial Expansion Fund is one method used by the government of Nova Scotia to support economic development in the province. The Industrial Expansion Fund has considerable flexibility in the amount and type of funding it can provide.last_img read more

Thousands of Grey Cup tickets still up for grabs

Thousands of Grey Cup tickets still up for grabs by News Staff Posted Nov 18, 2014 8:44 pm MDT VANCOUVER (NEWS1130) – There are still thousands of tickets available for the Grey Cup at BC Place.Jamie Pitblado with the Grey Cup Festival said the BC Lions being out of the playoffs has likely hurt sales.“We’re still seeing fans of football and people that want to be part of the experience that the Grey Cup is, but at the same time it’s now going to come down which teams are going to represent the East and the West in the championship game,” Pitblado said.He said it is not very often the Grey Cup is in Vancouver, where fans are usually treated to warmer weather than when the game is held in colder climates like in Calgary or Saskatoon. “For us that are in Vancouver in the marketplace, this Grey Cup probably won’t be here for another 7 to 9 years. So, it’s probably your last chance to be part of something so Canadian and unique.”The event usually sells out, but under 7,000 tickets still remain.The Grey Cup is November 30. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Grey Cup|tickets read more