The governments are making an investment as much as $10 million
10 August 2023
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The governments of Canada and Ontario are making an investment as much as $10 million beneath the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to make stronger the capability processing functions within the province’s meat processing crops and abattoirs in the course of the Meat Processors Capability Growth Initiative, in step with a government-issued press free up.
“Ontario’s meat processing trade meets the very best requirements for generating high quality meals and is repeatedly striving to innovate,” stated Marie-Claude Bibeau, past-federal minister of agriculture for Canada. “This funding will lend a hand the trade keep growing via new productivity-improving applied sciences.”
The Meat Processors Capability Growth Initiative will supply investment to eligible free-standing meat crops and abattoirs to make temporary investments in meat dealing with and processing apparatus, applied sciences, and practices that strengthen potency, productiveness, and meals protection. The initiative is being funded in the course of the Sustainable Canadian Agricultural Partnership (Sustainable CAP) and can supply as much as $150,000 in line with eligible applicant.
“This program is a main instance of ways our authorities is making the best investments in the best puts that experience helped Ontario’s meat processing companies,” stated Lisa Thompson, Ontario minister of agriculture. “Now not handiest will this initiative have a favorable affect for Ontario meat processors, however we’re additionally expanding competitiveness in a world marketplace.”
The motion builds on earlier investments of over $14 million within the Meat Processors Capability Growth Initiative funded in the course of the Canadian Agricultural Partnership (CAP) since 2020.
The Meat Processors Capability Growth Initiative will even duvet consulting and engineering prices related to making plans long term tasks. Packages open on August 31, 2023, and can stay open till January 31, 2024 or till the initiative is totally subscribed, whichever comes first. Eligible undertaking prices will also be incurred as of July 26, 2023. Eligible tasks will have to be finished with apparatus delivered via March 1, 2024. Recipients may have till June 28, 2024 to have their apparatus put in.
The Sustainable CAP is a five-year (2023-2028), $3.5-billion funding via federal, provincial and territorial governments to improve competitiveness, innovation and resiliency of the agriculture, agri‐meals, and agri‐based totally merchandise sector. This contains $1 billion in federal techniques and actions and $2.5 billion in cost-shared techniques which might be designed and delivered via federal, provincial, and territorial governments.