St. John's, Newfoundland and Labrador – New farmers, innovative projects, and more resources to support Newfoundland and Labrador's vital and expanding agriculture sector are at the heart of Canadian Agricultural Partnership (CAP) initiatives for 2020-2021.
To date, 156 projects valued at $7 million have been approved under the federal-provincial-territorial Partnership in Newfoundland and Labrador for the 2020-2021 fiscal year. In 2019-2020, 114 projects valued at $6.5 million were funded, and 121 projects valued at $5.8 million were funded in 2018-2019.
The Partnership continues to support new entrants who have farmed or operated an agri-business for fewer than six years. Forty-four new entrants have been approved for 68 projects valued at $1.9 million to date this fiscal year. Most new entrants in 2020-2021 are focusing on horticulture and livestock production, with some engaging in secondary processing, apiculture, and dairy operations.
Funding for agricultural land development will nearly double in 2020-2021 compared to the previous year, with nearly $1.5 million allocated to improve, clear and survey more land for future development, and construct more on-farm access roads.
The Partnership is providing $37 million over five years to the Newfoundland and Labrador agriculture and agri-food industry. Since 2018-2019, it has provided more than $19 million to fund nearly 400 projects in Newfoundland and Labrador, and has allocated more than $4 million to 73 new entrants to the agriculture industry.
Source : Government of Canada