May 12, 2010

 

More agriculture investments for Canada

 

 

The governments of Canada and New Brunswick are investing CA$7.7 million (US$7.54 million) to drive innovation and opportunity for New Brunswick farmers.

 

The CA$7.7-million (US$7.54 million), four-year Canada-New Brunswick Agriculture Futures Initiative will expand agriculture in the province with new crops, processing technologies, lower production costs and a focus on new products geared to health and non-food uses.

 

The funding will go towards the following five programmes:

New Brunswick Site Suitability Assessment - providing farmers with environmental and resource information to allow them to make better economic and environmental use of existing and potential farmland;
 

Capturing Crop Development Opportunities – funding for farmers, organizations, agribusiness and academic institutions to develop new crops and sectors and add value to crops by maximising their uses in non-food markets;
 

Plant and Livestock Health and Quality - support to increase farm profitability and product quality by reducing the impact of pests and diseases on crop and livestock sectors;
 

New Brunswick Agriculture Profitability Enhancement - funding to help farmers lower their cost of production by addressing unique inefficiencies or modify production processes to help position them for new market opportunities;
 

Seizing Opportunities for Value-Added and Niche Production - funding to help small-scale agri-food businesses acquire or adapt equipment and processes to reduce costs, improve product quality and develop new products.

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