Farmers and the Canadian public garner $8 in returns for every dollar invested in pork-industry research, according to economist Dr. Stuart Smyth of the University of Saskatchewan.
He was commissioned by Swine Innovation Porc to undertake the study of investments in pork-industry research.
He delved into more than 70 research projects funded in part by Swine Innovation Porc between 2010 and 2023.
The assessment estimates that pork research during the 15-year period generated approximately $225 million in total economic benefits for the Canadian economy.
Leading the results was improvements in feed efficiency.