March 16, 2018
The Partnership is a progressive federal-provincial-territorial agreement that will help chart the course for government investments in the sector over the next five years, strengthening it to deliver the greatest benefits for farmers, food processors, and Canadian families.
On February 13th, Lawrence MacAulay, Minister of Agriculture and Agri-Food, officially launched the six federal programs under the Partnership. Developed with input from provincial and territorial partners, as well as industry, federal programs and activities under the Partnership represent a $1-billion investment focusing on three key areas – growing trade and expanding markets; innovative and sustainable growth of the sector; and supporting diversity and a dynamic, evolving sector.
The Partnership also includes an investment of $2 billion in cost-shared programs and activities delivered by provinces and territories to ensure programs are tailored to meet regional needs, as well as a robust suite of business risk management programs that help farmers manage severe risks that threaten the viability of their farm and are beyond their capacity to manage.
In his announcement, Minister MacAulay highlighted that these investments under the Partnership will help ensure Canada’s agricultural sector remains a leader in job creation and innovation, and that it achieves the Government’s objective of expanding agricultural exports to $75 billion by 2025.
Additional information about the Canadian Agricultural Partnership can be found online.
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