Dairy Farm Investment Program

Aug 03, 2017

A five-year (beginning 2017-2018) $250-million program to help Canadian cow’s milk producers improve productivity through upgrades to their equipment. All producers of cow’s milk – irrespective of the size of their operations – are welcome to apply. This program will cover up to 50 per cent of approved project costs, up to a maximum of $250,000.

Applications from licensed producers will be assessed on a first-come, first-serve basis. The program will strive to support new investments across Canada by aligning program funding with the relative size of the milk quota in each province.

For projects submitted before March 2018, the program offers producers flexibility to seek funding for eligible activities that started on or after November 10, 2016.

The Dairy Farm Investment Program will be accepting applications starting August 22, 2017, at 10:00 a.m. (EDT).

Dairy Processing Investment Fund
A four-year (beginning 2017-2018) $100 million initiative that will provide funding to help the Canadian dairy processing sector make investments to improve productivity and prepare for increased competition in the domestic market as a result of CETA.

Not-for-profit organizations involved in the dairy sector can also apply for access to expertise that will result in benefits to the industry as a whole.

Find more information here: Programs for the dairy sector

Source: AAFC