Canada and Ontario Governments Invest Up to $8 Million in Dairy Processing Sector Modernization
Source: The DairyNews
The governments of Canada and Ontario are committing up to $8 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to enhance processing efficiencies and food safety in Ontario's dairy processing sector.
The funds will support the Dairy Processing Modernization Initiative, inviting eligible dairy businesses to apply for cost-share funding to acquire modern technologies that improve production efficiency and ensure food safety.
Key points:
The investment aims to strengthen the agriculture and food supply chain and enhance resiliency.
The Dairy Processing Modernization Initiative is open to cow, goat, sheep, and water buffalo milk processors.
Eligible applicants can receive up to $200,000 in cost-share support for the purchase and installation of new or refurbished equipment, including associated costs like training.
Applications for the initiative open on April 2, 2024, and will remain open until fully subscribed, with eligible project costs starting from April 2, 2024.
Sustainable CAP is a 5-year, $3.5-billion investment (2023-2028) by federal, provincial, and territorial governments to enhance competitiveness, innovation, and resiliency in the agriculture and agri-food sector.
The Dairy Processing Modernization Initiative aligns with the objectives of the Grow Ontario Strategy to strengthen the industry and build resilience.
Quotes:
Lawrence MacAulay, Minister of Agriculture and Agri-Food: "Through this $8 million shared investment under Sustainable CAP, processors will be able to access the technology they need to continue to grow and improve their efficiency."
Lisa Thompson, Ontario Minister of Agriculture, Food and Rural Affairs: "Efficiencies realized through new technologies will play a key role in helping the sector continue to thrive."
This investment reflects a commitment to supporting dairy processors in adopting modern technologies for increased efficiency, contributing to the broader goals of strengthening the agriculture and agri-food sector in Ontario.
Key points:
The investment aims to strengthen the agriculture and food supply chain and enhance resiliency.
The Dairy Processing Modernization Initiative is open to cow, goat, sheep, and water buffalo milk processors.
Eligible applicants can receive up to $200,000 in cost-share support for the purchase and installation of new or refurbished equipment, including associated costs like training.
Applications for the initiative open on April 2, 2024, and will remain open until fully subscribed, with eligible project costs starting from April 2, 2024.
Sustainable CAP is a 5-year, $3.5-billion investment (2023-2028) by federal, provincial, and territorial governments to enhance competitiveness, innovation, and resiliency in the agriculture and agri-food sector.
The Dairy Processing Modernization Initiative aligns with the objectives of the Grow Ontario Strategy to strengthen the industry and build resilience.
Quotes:
Lawrence MacAulay, Minister of Agriculture and Agri-Food: "Through this $8 million shared investment under Sustainable CAP, processors will be able to access the technology they need to continue to grow and improve their efficiency."
Lisa Thompson, Ontario Minister of Agriculture, Food and Rural Affairs: "Efficiencies realized through new technologies will play a key role in helping the sector continue to thrive."
This investment reflects a commitment to supporting dairy processors in adopting modern technologies for increased efficiency, contributing to the broader goals of strengthening the agriculture and agri-food sector in Ontario.
