Alberta continues to strengthen its position as a leading destination for agri-business investment, with Siwin Foods Ltd. securing a significant boost through the province’s Agri-Processing Investment Tax Credit (APITC).
The company has received just over $1.8 million in tax credits following the completion of a major expansion project at its Edmonton facility. The expansion represents an investment of more than $46 million into Alberta’s economy and has resulted in the creation of over 100 new jobs.
The project included both the enlargement of Siwin’s existing processing plant—where products such as dumplings, potstickers, and sausages are produced—and the construction of a new facility dedicated to items like mini wontons and ginger beef.
Since beginning Canadian operations in 2005, Siwin has seen remarkable growth. The company has increased its production capacity from 20,000 dumplings per hour to an impressive 150,000 per hour. Today, its products are distributed across North America and exported as far as Japan.
Alberta’s Minister of Agriculture and Irrigation, RJ Sigurdson, emphasized the importance of the program in attracting investment and supporting business expansion.
“This investment by Siwin Foods is exactly what the Agri-Processing Investment Tax Credit is designed to support — companies choosing Alberta to grow, create jobs, and expand their reach into new markets.”
Gord DeJong, vice-president of Siwin Foods Ltd., noted that the tax credit played a key role in the company’s decision to expand in Edmonton.
“The Alberta Agri-Processing Tax Credit provided Siwin Foods with the confidence to expand here in Edmonton, increasing our processing capacity by 100 per cent and adding more than 100 new positions.”
The APITC offers a 12 per cent non-refundable tax credit to companies investing at least $10 million into value-added agri-processing facilities. The initiative is open to food manufacturers and bio-processors that enhance raw agricultural products or transform byproducts into consumer and industrial goods.
With up to $175 million in tax credits available per project, the program continues to attract large-scale investments, reinforcing Alberta’s reputation as a business-friendly hub for agri-processing innovation.
Siwin Foods produces a wide range of ready-to-eat and easy-to-prepare products, including dumplings, sausages, Filipino-style meats, and stir-fry items, and supplies major retailers across Canada.