OGVG Growth and Prosperity study analyzes sector’s risks and opportunities for success
August 18, 2023 By Greenhouse Canada
Aug. 18, 2023 – Ontario Greenhouse Vegetable Growers partnered with AIRM Consulting Ltd. to release their “Growth and Sustainability Prosperity” study for the greenhouse vegetable sector in Ontario.
The study three major goals were:
- Enhance the perception of the sector;
- Create useful content for community, government and stakeholder engagement, and;
- Create an industry model to shape public policy, and facilitate justification for government investment.
The study used a Enterprise Risk Management (ERM) framework to create an “analytical tool that examines the complexities of business, environment and social factors that contribute to the sector’s success as well as the broader well-being of the communities in which the sector operates,” states a press release.
The new framework is designed to address business risk and opportunities in the global market place, while considering public interest around sustainability and food security. It also exemplifies alignment with the growth agenda for both the provincial and federal governments, “outlining shares growth objectives and particularly significant export market opportunities.”
The ERM identified more than 120 risks that were categorized “to a distinct factor directly influencing farm operations in both optimistic and adverse scenarios.”
The study also outlines significant statistics from Ontario’s greenhouse vegetable sector, including:
- Creates over 32,000 jobs
- $2.3 billion contribution to the province’s GDP
- $1.3 billion to Ontario’s farmgate value
- Over 3,800 acres of production
- Over 80 per cent of produce is exported to international markets
Funding for this study is from the Ontario government, Ministry of Agriculture, Food and Rural Affairs through the Grassroots Growth Initiative.
Read the full study here.
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