Agri-Tech Innovation initiative receives $22.6 to support 319 farms and agri-food businesses

Sep 04, 2024

Up to $22.6 million in funds are being allocated towards the Agri-Tech Innovation initiative to further develop energy efficiency and expand production capacity in the agriculture and food sector.

In a recent press release, the government of Canada and Ontario announced the expenditure through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to help 319 farming and agri-food businesses invest in innovative technology, equipment or processes that will expand production capacity or enhance efficiency.

“Our government knows that supporting innovation in Ontario’s agriculture and food sector is key to it reaching its potential, while securing our collective ability to achieve the ambitious goals in our Grow Ontario Strategy,” said Rob Flack, Ontario Minister of Agriculture, Food and Agribusiness. “These investments will allow established and emerging businesses to speed up efforts to optimize their operations and support growth for our agriculture and food sector.”

Sustainable CAP is a five year, $3.5-billion subsidy from federal, provincial and territorial governments, that aim to strengthen competitiveness, innovation, and resiliency of Canada’s agriculture, agri-food, and agri-based products sector.

Click here to see more...

Video: OFA statement on Canada-U.S. trade escalation and Canadian counter-tariffs

Following the implementation of Canadian counter-tariffs on approximately $27.6 billion in U.S. imports earlier this week, the immediate retaliatory measures announced by the United States, including threatened import bans on Canadian dairy and alcoholic beverage products, underscore the dangerous trajectory of this dispute. Tariff escalation is not a long-term solution.

As consumers on both sides of the border struggle with food affordability, trade disruptions and retaliatory measures only exacerbate these challenges. Ontario farmers continue to urge both federal governments to return to the negotiating table and secure a fair, durable trade agreement that protects producers and processors across North America.