Stay informed with the LNN Daily Newsletter
ID 12612632 © Elena Elisseeva | Dreamstime.com
Agriculture

Saputo first partnership to qualify for Alberta’s Agri-Processing Investment Tax Credit

Aug 20, 2025 | 1:34 PM

The Alberta government says Saputo Dairy Products Canada G.P. is the first partnership to qualify for the province’s Agri-Processing Investment Tax Credit.

The government says the company did this by spending $38 million on equipment for its processing plant in Edmonton, an effort that is expected to increase production capacity.

It is also expected to improve food safety and employee health and safety.

“Through this initiative, our Edmonton facility is on track to operate more efficiently and respond even better to the needs of consumers today and into the future. We’re sincerely grateful to the Ministry of Agriculture and Irrigation for its valued support in helping us advance this important project,” says Saputo’s vice-president, operations Louise Wagar in a release from the province.

The government says conditional approval for a tax credit worth $4.5 million has been given.

The Agri-Processing Investment Tax Credit is available to any business that spends $10 million or more to build or expand a processing facility. They can then apply for a 12 per cent credit.

“We continue to attract diverse investment in Alberta’s agri-food industry by creating the ideal conditions for businesses to grow and establish operations in Alberta. The Saputo partnership’s conditional approval is a milestone for the APITC, demonstrating that Alberta’s competitive advantage means agri-food producers and processors of all kinds can be successful here,” says Minister of Agriculture and Irrigation RJ Sigurdson in that same release.

The province says Alberta’s milk output is the third largest in the country after production reached 848 million litres last year.

The government says there are 2,400 people that work in the dairy industry in Alberta.