British Columbia’s hard-working farmers and food processors are a key component of the economy and continue to see a growing global demand for their world-class products. The federal and provincial governments have agreed to a five-year funding partnership to help B.C.’s agriculture and agri-foods sector meet those demands.
Today, federal Agriculture Minister Lawrence MacAulay and B.C. Agriculture Minister Lana Popham announced that the Canadian Agricultural Partnership will result in a five-year investment of $115 million in B.C. programs that offer widespread support to the farming, ranching and food processing sectors.
The five-year, $3-billion Canadian Agricultural Partnership includes $2 billion cost-shared strategic initiatives delivered by the provinces and territories, and $1 billion for federal programs and services. Under the Partnership, farmers will also continue to have access to a complete and effective suite of business risk management programs to help them manage significant risks that threaten the viability of their farm and that are beyond their capacity to manage.
The Partnership replaces Growing Forward 2, the five-year federal-provincial agreement that ended on March 31, 2018.
Source : Agriculture and Agri-Food Canada