Subhead:The company that promoted insect protein as a climate-friendly food alternative has reportedly only paid back $15 million from a $40 million loan provided by Farm Credit Canada.#
Farm Credit Canada has recovered only $15 million of the more than $40 million it loaned to Aspire Food Group, the company behind the government-backed “crickets for food” scheme, and it refuses to say how much taxpayers have actually lost.
The figures were revealed in a response to an Order Paper Question from Conservative MP John Barlow (Foothills), answered January 26.
According to Agriculture and Agri-Food Canada, Farm Credit Canada advanced $36.5 million in 2022 and another $4.19 million in 2024 to Aspire Food Group, a company that promoted insect protein as a climate-friendly food alternative.
As of 2025, Aspire had repaid only $15 million.
