Vineland Station, Ontario – Agriculture and Agri-Food Canada
Farmers and the province’s wider agri-food sector will benefit from an upcoming new, five-year agreement between the governments of Canada and Ontario. The agreement will provide a range of investments that will help improve productivity, competitiveness and resilience in this key area of the economy and enable the province to meet goals outlined in Ontario’s Grow Ontario Strategy.
The governments have negotiated a Sustainable Canadian Agricultural Partnership (Sustainable CAP) for Ontario that will see upwards of $1.77 billion in support for the agri-food sector over the life of the agreement. Through Sustainable CAP, $569 million will be invested in strategic initiatives, which is a 25% increase over the previous funding agreement. There will also be roughly $1.2 billion for continued, demand-driven, business risk management supports for farmers.
Sustainable CAP will also boost investments in research and innovation and other strategic areas to strengthen the sector. The agreement will include the launch of the new Resilient Agricultural Landscape Program (RALP), a funding initiative to mitigate climate change and support the agricultural sector in better addressing sustainability outcomes.
The Sustainable CAP starts on April 1, 2023 and replaces the Canadian Agricultural Partnership (the Partnership). The programs will support the vision and priorities the federal, provincial and territorial agriculture ministers agreed to in 2021 in The Guelph Statement (PDF).
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) is a five-year (2023-2028), $3.5-billion investment by federal‐provincial and territorial governments to strengthen competitiveness, innovation, and resiliency of the agriculture, agri‐food and agri‐based products sector. This includes $1 billion in federal programs and activities and $2.5 billion in cost-shared programs and activities by federal, provincial and territorial governments.
Details about Sustainable CAP funding opportunities and programming will be posted online as they become available.
Source : Canada.ca