Government of Canada Invests Over $50 million In Agricultural Sector

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Canada’s agriculture and agri-food system contributes over $114 billion to our gross domestic product, and provides safe, nutritious and sustainable food for the world, while creating well-paying jobs for our middle class

The sector is working hard to find innovative approaches to respond to growing domestic and global demand while addressing emerging challenges and maintaining its environmental sustainability.


“Our farmers know that to stay competitive and on the cutting edge we need to continue to adapt and develop new and innovative approaches to agriculture”


 

Today while celebrating Canada’s Agriculture Day with farmers, ranchers, food processors, industry leaders and youth in Ottawa, Minister of Agriculture and Agri-Food Lawrence MacAulay announced the new Canadian Agricultural Strategic Priorities Program (CASPP), an investment of $50.3 million over five years. Funding available through this program will help facilitate the sector’s ability to address emerging issues and capitalize on opportunities.

“Canada’s agricultural sector is strong and growing. Our farmers know that to stay competitive and on the cutting edge we need to continue to adapt and develop new and innovative approaches to agriculture,” MacAulay said. “The Government of Canada is committed to supporting the sector find new ways to respond to new and emerging issues, and seize new market opportunities.”

The CASPP focuses on four priority areas: adoption of new technology; environmental sustainability; strategic development and capacity building; and, emerging issues. Examples of potential projects could include those addressing artificial intelligence technology, tools to assess future labour and skills needs, bio-crops, environmentally sustainable farming techniques and strategies to help the sector adapt to changes in consumer preferences.

The program also builds on other Government of Canada initiatives to support competitiveness and sustainability in the agricultural sector. These include the $3-billion, five-year Canadian Agricultural Partnership, $70 million announced in Budget 2018 to support agricultural discoveries in science and innovation to address climate change and soil and water conservation, the $25 million Agricultural Clean Technologies Program, and the Strategic Innovation Fund.


Source: AAFC

Our December 2024 Issue

In our December 2024 issue we look at the Indonesia Economic Partnership Agreement, Federal funding for the Cattle Industry’s Improvement initiatives, Ontario’s Agritourism Sector, Cargill cutting jobs, A&W tackling food waste, Consumer Trust over Climate Optics, the rising cost of doing business, and much more!

 

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