According to a news statement on the Prime Minister's website, with an investment of 1 billion Canadian dollars ($730 million) over five years, the program will provide meals to more than 400,000 children each year, more than what is provided by existing school feeding programs. One who is beyond food.

The program is expected to save participating families with two children up to 800 Canadian dollars ($584) per year in grocery bills, the statement said, Xinhua news agency reported.

The statement said the program includes investments that will support school food programming for First Nations, Inuit and Métis communities, as well as self-governing and modern treaty partners, many of whom have the highest rates of food insecurity.

Statistics Canada estimates that, in 2022, 22.3 per cent of households and more than 2.1 million children under the age of 18 in Canada have experienced some level of food insecurity in the past 12 months.