In our final episode for 2024, we wrap up the year with a reflective discussion of 2024's defining top 10 food industry stories. The episode explores major economic, political, and societal shifts shaping Canada's agri-food landscape, including ongoing debates about government policies, industry challenges, and consumer behaviour. The episode starts with the week's news, starting with a deep dive into the GST Holiday.Next, we dissect Canada's Fall Economic Statement (FES) and the new finance minister's debut, talking about the impact of fiscal policy changes, including interest rate cuts, on the agri-food, grocery, and restaurant sectors. We also unpack key proposals like the reinstated Accelerated Investment Incentive (AII) and its significance for agri-business innovation.
In the final episode of The Food Professor Podcast for 2024, presented by Caddle, hosts Michael LeBlanc and Dr. Sylvain Charlebois reflect on a whirlwind year in the agri-food industry. With a mix of sharp insights and humour, we tackle the top ten food stories of the year and set the stage for what's to come in 2025.
The episode starts with the week's news, starting with a deep dive into the GST Holiday, a policy providing immediate savings for Canadians, and its potential ripple effects on the restaurant sector. From personal anecdotes to broader industry implications, we explore whether such measures can boost consumer spending.
Next, we dissect Canada's Fall Economic Statement (FES) and the new finance minister's debut, questioning the impact of fiscal policy changes, including interest rate cuts, on the agri-food, grocery, and restaurant sectors. We also unpack key proposals like the reinstated Accelerated Investment Incentive (AII) and its significance for agri-business innovation.
Shifting gears, Michael and Sylvain examine controversial news stories, including CFIA algorithmic oversight and carbon tax impacts on food prices. On a brighter note, we celebrate Quebec's $100 million initiative to support young agricultural entrepreneurs, signalling hope for the future of farming.
As they bid farewell to 2024, the hosts tease their highly anticipated predictions episode, returning on January 9th. With plenty of gratitude for Caddle and our listeners, they close the season by reflecting on the stories that defined Canada's food systems this year.