Ottawa, Ontario – Agriculture and Agri-Food Canada
The Sustainable Canadian Agricultural Partnership (Sustainable CAP) will officially go into effect on April 1, 2023. The federal, provincial and territorial governments collaborated in the renewal of this important five-year policy framework to ensure that there is no gap between the end of the former agreement and this new one, benefitting farmers and processors across all of Canada.
This agreement has set $1 billion in federal programs and activities, and $2.5 billion in cost-shared programs and activities funded by federal, provincial and territorial governments, up 25% from the 2018-2023 agreement.
The renewed federally funded programs to support sector growth under Sustainable CAP were launched on March 6, 2023. Details and applications are available online for AgriAssurance, AgriCompetitiveness, AgriDiversity, AgriInnovate, AgriMarketing and AgriScience.
In addition to these programs, the Sustainable CAP includes $2.5 billion in cost-shared programming that will be delivered by provincial and territorial governments. Bilateral agreements between the Government of Canada and the provincial and territorial governments are in the process of being finalized.
Sustainable CAP includes, among other things, a new $250 million Resilient Agricultural Landscape Program to support ecological goods and services offered by the agricultural sector.
Canadian producers will also have access to an enhanced suite of business risk management programs to help them manage significant risks that threaten the viability of their farms and are beyond their capacity to manage, including an increase of the reference margins from 70% to 80% in AgriStability.
The Sustainable CAP will help position Canada for continued success as a global leader in sustainable agriculture, economically, environmentally and socially. It will also enable the sector to be an innovative, productive and internationally competitive so that it can continue to feed Canada and a growing global population.
Source : Canada.ca