11-01-2013 07:42 AM | Australia

Owners of beef plant being sold received millions in grants

The owner of the Alberta beef plant being sold to a subsidiary of a Brazilian company received $15 million from the federal and Alberta governments since 2009.

Agriculture Canada says of the money approved for XL Foods Inc., $2.475 million was in federal no-interest loans.

The rest of the cash was in federal and provincial grants to help bolster production at the slaughter plant and to improve food safety procedures.
Full Story : Victoria Times Colonist